Your home is probably your biggest asset. So why not put it to work? Among the best rates available, no annual fees, and flexible terms for repayment, our home equity loan or line of credit are some of the smartest ways around to use the equity in your home. These loans can help to finance major home repairs or renovation, medical bills or a college education. Plus, you may be able to deduct your home equity loan interest on your personal income tax returns, consult your tax advisor.
Apply In Person: To meet with one of our experienced mortgage originators at any of our Hampshire and Franklin County locations for a home equity line or loan application call 877-682-0334 to schedule an appointment.
Apply Online: Use the link below to complete our online home equity mortgage application.
Click here for our online Home Equity Mortgage Application
What's the difference between a home equity loan and line of credit?
A home equity loan is a one-time, lump-sum loan, often with a fixed interest rate. A home equity line of credit is a line of revolving credit with an adjustable interest rate. Both are usually referred to as second mortgages, because they are secured against the value of your property, just like a traditional mortgage. They create a lien against your house, and reduce your actual home equity.
Will a home equity loan or line work for you?
When you apply for an equity loan or line at our local community bank, you'll receive personal attention and rapid response. We understand the local market and make decisions right here, so we're able to provide fast answers along with competitive, affordable rates.
Great Features Like
• Great rates and fast, local decisions
• No annual fees
• No application fee
• No appraisal fee (depending on the loan amount and loan to value, contact us for details)