^*Offer is a two year, three year, or four year promotion (Promotion Period): Annual Percentage Rate (APR) is 1.75% fixed for two years, 2.75% fixed for three years, or 3.75% fixed for four years, from the date your new Equity Express^SM (EEX) Home Equity Line of Credit (HELOC) account is opened. Offer is for a qualifying first or second lien request on an owner-occupant or first lien request on investor applications received 8/1/19 through 11/30/19 that fund by 12/31/19. Promotional rates require automatic payment from an American Savings Bank (ASB) Kalo Plus or Kalo Deluxe Checking account and are subject to change or discontinuance without notice. The promotional rates for non Kalo Plus or Kalo Deluxe customers are 2.00% for two years, 3.00% fixed for three years, or 4.00% for four years. Automatic payment from an American Savings Bank checking account is required for this promotional rate. Cancellation of automatic payment anytime during the life of the loan may increase your rate to the non-discounted rate. Offer is not available for a second lien request on an investor line, on properties listed for sale within the prior six months, to any existing ASB HELOC account opened prior to 8/1/19 and secured by the subject property, or when paying down/off any existing ASB residential mortgage loan balance. If you have not closed your loan and a new promotion begins with a different rate, you may opt for the new promotion. After the Promotion Period ends, the interest rate is variable. Current variable rate effective 11/1/19 is 4.75% APR, and is subject to change monthly based on the highest Prime Rate published in the Wall Street Journal, plus a margin (subject to the floor rate of 4.50%; maximum APR is 18.00%). If your line amount is more than $25,000, a fee of $500 will be charged if you request we close it within three years from the agreement date. This fee will not be charged if: (i) your line is $25,000 or less, (ii) you sell the Collateral to an unrelated/unaffiliated third-party, or (iii) you payoff your loan with proceeds from a real estate secured loan from us. EEX must be secured by fee simple property located in Hawaii. Fire, hurricane, flood (if in flood hazard zone) and localized peril (if in a lava hazard zone) insurance policies are required at homeowner’s expense.

For owner-occupant EEXs up to $250,000 (excluding properties listed for sale within the prior six months), ASB will pay or waive fees and costs for flood certification (up to $9), bank’s title insurance (up to $125), escrow services (up to $125), credit report (up to $2.50 per borrower), trust review, condo review, mortgage recording, notary, recording fee for the release of third-party mortgage, and valuation through an automated valuation model and property condition report (up to $150) of ASB’s choice; however, at their own cost, customers may request an appraisal at an estimated cost between $500 and $1,500. For owner-occupant EEXs up to $250,000 (excluding properties listed for sale within the prior six months), receive a credit of up to $500 at loan closing to offset a third-party lender’s early closing fee when you make an initial advance on your new EEX to pay off your existing home equity line balance of at least $10,000 with that third-party lender. This early closing fee must be assessed and identified by the third-party lender through its payoff procedure in order to receive the credit at loan closing.