
A Home Equity Line of Creditprovides you the most flexibility. We establish the credit line, and then you access funds when you need them, without having to reapply.
- Borrow up to 80% of the equity in your home (appraised value minus the amount due on your first mortgage)- Available up to a maximum of $250,000
- 10-year draw period with a 10-year repayment period
- Rates and programs vary based on credit score and equity
- Generally tax deductible*
A Home Equity Loangives you a one-time cash payout, with a fixed or variable rate and term, so you’ll know your monthly payments exactly.
- Borrow up to 80% of the equity in your home (appraised value minus the amount due on your first mortgage)
- Available up to a maximum of $250,000
- Rates vary based on credit score and loan term
- Generally tax deductible*
To get current rate information, or to apply online, click the loan type you’re interested in. To speak with us, or set up a meeting with one of our friendly loan consultants, call us at 413-536-0475.
* Please Consult a Tax Professional for Further Information