Fixed Home Equity Line of Credit

Looking to consolidate your high interest rate loans?  Or buying a new car? If you have the need for cash, a fixed rate Home Equity Line of Credit is a wise alternative to other higher interest, non tax-deductible loans. Use the equity in your home and finance your needs.

• Competitive fixed rates with terms up to 20 years 
• Borrow up to 80% of the value of your home, up to $250,000
• Pay no closing costs except for NYS mortgage tax
• Competitive rates - in most cases they're lower than credit cards and consumer loans
• Fast approval by friendly & professional staff trained to make your loan process easy
• Interest paid may be tax deductible - please consult a tax advisor
• Revolving line of credit is open for 2 years, with repayment period based on selected term
• Access your line of credit just by writing a check

VARIABLE Home Equity Line of Credit

Building an addition to or renovating your house?  If you need access to money for a longer term project,
a variable rate Home Equity Line of Credit is a smart alternative to other high interest, non tax-deductible loans. 
Use the equity in your home and finance your needs.

• Low variable rate based on the prime rate; adjusts monthly  
• Borrow up to 80% of the value of your home, up to $250,000 
• Pay no closing costs except for NYS mortgage tax
• Competitive rates - in most cases they're lower than credit cards and consumer loans
• Fast approval by friendly & professional staff trained to make your loan process easy  
• Interest paid may be tax deductible - please consult a tax advisor
• Revolving line of credit is open for 10 years, with 15 years to repay the balance
• Access your line of credit just by writing a check
• Interest-only payment option available