Home Equity Loans
Live life at your pace, on your budget, with the help of a Northeast Bank Home Equity Loan or line of credit. At Northeast, we offer hassle-free loans that tap into your home’s value for that dream vacation, college tuition, or simply the peace of mind knowing your bills are under control. Whether it’s a flexible line of credit or a fixed rate loan, we’ll find the right solution for you.
Home Equity Loan
Budget large expenses, college tuition, or home improvements based on the equity you hold in your home. You can borrow up to 75% of your home’s value with this fixed rate loan, and even better, the interest may be tax-deductible. Please consult with your tax advisor to see if you qualify.*
Home Equity Line of Credit
Providing the same tax advantages as a Home Equity Loan, a Home Equity Line of Credit allows you to withdraw money with the convenience of checks, as you need it. You can borrow up to 75% of the value of your home. The interest rate is variable, based on the Wall Street Journal Prime Rate plus Zero, with a floor of 3.25%.*
*There may be a charge for extraordinary title or legal fees.
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