If I had an extra $250,000, I would . . . A homeowner’s guide to a life of endless choices. ING DIRECT Save Your Money. WHY DIDN’T I DO THIS BEFORE? Say you have a hefty credit card bill. You decide to pay half and let the balance ride. No big deal. You’ll pay interest for a month or two, then pay it off. But what if you could pay off the other half at ING DIRECT’s low rate, instead of paying the 15-23% most credit cards charge? You could save $100’s, even $1,000’s with an Orange Home Equity line of Credit. You’d simply call ING DIRECT, or use the internet to transfer funds into you checking account, and write a personal check to pay off your debts or use the new Orange Home Equity card to access your money. There are no fees to open your account, no need for bank approval, and unlike other band credit lines, no need for a separate checkbook. Use you own or use your new card. TOO MANY BILLS, TOO LITTLE CASH? Consolidate those debts into one low month payment with an Orange Home Equity Line of Credit. There’s no easier way to slash interest rates, lower your payments and take charge of your finances. You’ll be able to take a deep breath, make one payment a month—any save a bundle. With an Orange Home Equity Line of Credit, I would SAVE. WANT TO SAVE EVEN MORE? Invest your money in the nation’s highest yield saving account with no fees, no minimums, and no risk. You’ll earn more money than most CDs—with 24/7 access to your money—and you don’t have to change banks! To open your FDIC-insured Orange Saving Account, call 1-800-ING DIRECT or visit ingdirect.com
ARE YOU READY FOR A RAINY DAY? It feels good to know that an unexpected bill or market tumble won’t break your budget. Today, every homeowner needs a rainy day fund. COULD YOUR SAVINGS WEATHER A STORM? Experts advise having enough savings to cover at least 6 months of expenses. If your largest financial resource is the equity in your home, and your only source of credit is your credit card, you’ll sleep better with our security blanket—one large enough to cover you in any storm. YOU PUT SO MUCH MONEY INTO YOUR HOME. IT’S TIME TO GET SOME BACK.
Imagine, unlimited access to a loan for nearly 90% of the equity in your home—up to $250,000 of cash— yours to use when, how, and if you choose. If you never use the money, you’ll enjoy true peace of mind for ten years, without ever spending a penny. INTRODUCING INSURANCE MONEY You have home insurance. Life insurance. Car insurance. This is your money insurance. More money in the bank. More security in your life. With no interest until I use my Line of Credit, I would SLEEP. SAVE YOUR MONEY ING DIRECT is a federally-chartered direct savings bank offering innovative financial products of exceptional value. Over 900,000 people bank with us for superior rates with no fees. ING DIRECT is part of ING, one of the world’s largest financial service companies, with more than $600 billion in assets. WHAT WOULD YOU DO WITH THE MONEY? An Orange Home Equity Line of Credit is not about spending more. It’s about living each day with the financial freedom to seize opportunities and turn someday into today. Home. How fitting, to use the equity in your home for home improvements. Remodel the bathroom. Re-do the kitchen. Add a room. Add a deck. Here’s all the breathing room you need. School. Tuition and school expenses can really put the bite on your budget. With your Orange Home Equity Line of Credit, you’ll make it all work out—your budget and your future. Travel. Sometimes you need to get away. That long-awaited vacation. Your anniversary cruise. Whether travel is your luxury or your reason for living, it’s all within your reach. Stuff. The new boat. The car. The wide-screen, eight-speaker entertainment system. Or the once-in-a-lifetime sale on the new dining room you can’t stop thinking about. The point it, no it’s not a dream. It’s a choice. With such low interest rate and such flexible terms, what can’t you do? With up to $250,000 at a great rate, I would DREAM. ING DIRECT It’s easy to get the money you need. You can contact us for an Orange Home Equity Line of Credit by visiting ingdirect.com; calling 1-866-7467595 or requesting an application by mail. What if you could be financially secure in these uncertain times? If you could pay off your debts, and achieve big goals?
As a homeowner, you do have access to a major cash reserve: the equity in your home. With the Orange Home Equity Line of Credit from ING DIRECT, you can unlock nearly 90% of your equity, up to $250,000, at one of the best rates in America! SAVINGS. SECURITY. OPPORTUNITY. One of America’s best rates (Never to exceed 18% APR). No hidden fees. No account opening fees. 10-years to draw on up to $250,000. Tax-deductively interest. (Ask your financial advisor). No penalties for early repayment. Flexible terms: up to 25 years to repay. Most qualify without an on-site appraisal. Apply by phone, or ingdirect.com; quick approvals! There’s no cost to open your Orange Home Equity Line of Credit. You can draw on the money for whatever your need, whenever your want, for up to ten years, with absolutely no interest until you use it. Q&A What is a home equity line of credit? A large, flexible source of credit secured by the equity in your home (the difference between the home’s appraised value and your mortgage balance). Are there closing costs? No. Other credit lines can require substantial appraisal and closing fees, plus up to $150/year to keep the line open. There are no fees to open an Orange Home Equity Line of Credit. Period. How large can my Orange Home Equity Line of Credit be? You can get a loan for nearly 90% of the value of your home, up to $250,000. How long do I have to repay? Up to 25 years. You can borrow from your line of credit for up to 10 years. If you borrow on the last day of the tenth year, you’ll still have 15 years to repay. That’s up to 25 years from day one. You payments stay comfortable because you choose how much to pay each month . . . with no penalties for early repayment. Is the interest really tax deductible? Yes! Unlike credit cards and personal loans, you interest may be 100% deductible—just like mortgage interest. (Please check with your tax advisor). So you save twice, with lower interest rates and lower taxes. Why ING DIRECT? As an innovative direct bank, our overhead is far less than brick and mortar institutions. We pass the savings on to you: no fees and one of the best rates in America. A Credit Line or a Loan? Freedom. With most loans, you receive the full amount up front, pay interest from day one, and adhere to a set repayment schedule. Only the Orange Home Equity Line of Credit lets you borrow if and when you want, for whatever you want, with flexible repayment schedules.