City National Bank, its affiliates and subsidiaries, as matter of policy, does not give tax, accounting, regulatory or legal advice. Rules in the areas of law, tax, and accounting are subject to change and open to varying interpretation. You should consult with our other advisors on the tax, accounting and legal implications of actions you may take based on any strategies presented taking into account your own particular circumstances.
All loans, lines of credit and other credit products are subject to credit approval. Additional terms and conditions apply.
1SBA loans terms and conditions are subject to change at any time. SBA collateral and documentation requirements are subject to SBA guidelines. For SBA loan products, SBA eligibility is also required.
2All loans and lines of credit are subject to credit and property review and approval. Loans must be secured by a first lien on a 1-4 family residential dwelling. Additional terms and conditions apply. Not all applicants will qualify. All stated APRs, margins, and discounts are subject to change without notice.
3HELOCs are subject to credit and property review and approval. Your HELOC must be secured by a first or second lien on a 1-4 unit residential dwelling. HELOCs are not available in Texas. Additional terms and conditions apply. Not all applicants will qualify. All stated APRs, margins, and discounts are subject to change without notice. For HELOCs of $1,000,000 or less, closing costs such as appraisal and title fees are paid by City National Bank. You may be responsible for local mortgage or transfer taxes ranging from $0 to $10,500 ($16,500 in New York). Ask City National Bank for an estimate of closing costs for HELOCs greater than $1,000,000. Additional fees: $438 reconveyance and recording fees (California only). An early closure fee of $500 may apply if your line is closed within the first three years (not applicable in all states). If your HELOC is closed within the first three years, we will add any closing costs we advanced on your behalf to your account balance for reimbursement. Hazard insurance and flood insurance (if in a flood zone) are required. No annual fee.
4Additional Terms and Agreements apply for all City National Bank products and services. For more information, please see the Treasury Management Disclosure and Agreement.