Our offices will be open on Monday, October 14.
Due to the federal holiday weekend, payments may take up to 5 days to post to your account. This delay will not change the
effective date of the payment.
The LIBOR rate for October 2019 is 2.05%, a decrease from September's LIBOR rate of 2.14 %. With any
change to the LIBOR rate, variable rate loans will re-amortize and a repayment
schedule will be provided that will include your new monthly payment amount,
interest rate (margin plus LIBOR), and the effective date of your new monthly
repayment schedule interest rate does not reflect the Auto Pay discount, if
applicable to your loan program, as payments are not calculated with the
discounted interest rate.