If you are anticipating a large one-time expense our Home Equity Loans can keep things simple by allowing you to borrow only the amount you need with fixed-rate monthly principal and interest payments. Use the money from your home’s equity for renovations or repairs, to pay off high-rate credit cards, and more. You can choose five-, 10- or 15-year terms and lock in your monthly payment. You can also take advantage of our Premium Home Equity Loan, which features no points and no closing costs.
Leverage your home's equity.
Leverage the equity you’ve earned on your Southeastern Massachusetts or Rhode Island home to make renovations or fund a well-earned vacation. You can finance up to 80% of your home’s appraised value using its equity as collateral. Choose a fixed-rate home equity loan or variable-rate home equity line of credit (HELOC). Contact a Bristol County Savings Bank Loan Officer to learn more.
Our variable rate home equity lines of credit will allow you to withdraw funds on an as-needed basis. Think of it as a financial safety net for unexpected expenses. You’ll make monthly payments only on the funds you use, and you can draw advances over 10 years (with 10 years to re-pay). You can also take advantage of a discounted interest rate with our Special Home Equity Line of Credit.