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Home Equity Lines of Credit

Home Equity Lines of Credit

When you have large expenses and projects in mind, turn to our HELOC.

Whether you’re looking to consolidate your debt, begin a home improvement or renovation project, finance a major expense, or take a dream vacation, a Home Equity Line of Credit from BankFive can help. Using the equity in your Massachusetts or Rhode Island home can be a great way to get the funds you need to turn your dreams into realities.​

Financial flexibility for your project:

  • Funds available as a revolving credit line, similar to a credit card
  • Draw on the funds for up to 10 years
  • Pay interest only on the funds you use
  • Ideal for large expenses or to consolidate debt at a lower interest rate
  • Amount of equity available is based on a house appraisal
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Special HELOC Offer

2.99% APR* 12-Month Introductory Rate on a Home Equity Line of Credit. 5.50% APR* Variable Rate Thereafter (Prime +0%)
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Homeowner Resources
Review our home energy loan products, check rates, or learn more about refinancing.