Use your home’s equity for Debt Consolidation.

Debt Consolidation, Tuition, Vacation, Renovation? 

You’ve got equity…you’ve got OPTIONS!

Home Equity Line of Credit Rates starting as low as


4.00%APR*

Prime minus 1% APR for the life of the loan

Find a North Easton Savings Bank Location

Find a Mutual Bank Location

* Repayment Period: 10 years, following the end of the draw period. Monthly Payments: During the draw period, payments will be 0.5% of the outstanding balance plus the interest due at Prime Rate minus one percentage point. During the repayment period, payments will be principal and interest at Prime Rate minus one percentage point. Requirements: To obtain the discounted rate, the monthly payment must be automatically withdrawn from a North Easton Savings Bank deposit account. If automatic payment is terminated, or if the deposit account is closed, the interest rate will increase by one percentage point. Maximum Loan-To-Value: 80%. 

Products are available for owner-occupied 1-4 family residential properties and 1-2 unit second homes. Annual percentage rate (APR) cannot exceed 18%. Minimum line is $10,000 and maximum line is $500,000. Homeowners’ insurance is required and flood insurance may be required. First liens: If the Bank takes a first lien, payments will not include taxes and insurance, so your actual payment obligation will be greater. If the property is in trust, the Bank will charge you $250 for our Attorney's review of your trust prior to closing, and you may be required to pay a recording fee at closing, generally between $76 and $78, to the Registry of Deeds for the recording of the Trustee Certificate. If the Bank requires a lien to be discharged as a condition of our commitment to grant the loan, you will need to obtain the discharge and pay a recording fee at closing, generally between $76 and $78 per item, to the Registry of Deeds to have the discharge recorded. If the Home Equity Line of Credit is closed and discharged within the first three years, you will be charged an early termination fee between $300 and $725. Rates may increase after consummation on the variable rate products. Subject to credit approval.

NMLS# 415834

© 2019 North Easton Savings Bank. All Rights Reserved.

www.northeastonsavingsbank.com | info@northeastonsavingsbank.com

© 2019 North Easton Savings Bank. All Rights Reserved.

www.northeastonsavingsbank.com

info@northeastonsavingsbank.com

Equal Housing Lender, Member FDIC, Member DIF\
DIF