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Home Equity Loans & Lines of CreditA house made of dollar bills

When it's time to take care of home improvements, pay school tuition, take a vacation or pay for unexpected life events, you just might find the cash you need right under your own roof. TSB offers competitive financing options with a Fixed Rate Home Equity Loan or a Home Equity Line of Credit.

  Fixed Rate Home Equity Loan Home Equity Line of Credit Home Equity Line of Credit SPECIAL*
Amount Available Up to $200,000 Up to $300,000 Up to $300,000  
Loan to Value Appraised 80% Appraised 80% Appraised 80%
Monthly Payments Fixed Variable based on amount borrowed Variable based on amount borrowed
3.75% for 12 months
Access to Funds One time lump sum Access as you need it Access as you need it
Terms 15 & 20 year options 10 Year Draw Period
10 Year Repayment Period
10 Year Draw Period
10 Year Repayment Period
Tax Deductible** Interest may be tax deductible Interest may be tax deductible Interest may be tax deductible
 

* Home Equity Line of Credit Special available for loans made in the following cities/towns: Andover, Lynnfield, Lawrence, Melrose, Methuen, Middleton, North Reading, Reading, Saugus, Stoneham, Wakefield, and Wilmington.

**To determine whether or not interest is tax deductible, please contact your tax advisor.

 

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The Savings Bank  357 Main Street St, Wakefield, MA, 01880    Phone: (800) 246-2009    Fax: (781) 224-5482
DIFEqual Housing LenderFDIC