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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 15 years
  • Interest is potentially tax-deductible (consult your tax advisor)
  • 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
Special HELOC Offer

12-Month Introductory Rate on a Home Equity Line of Credit.
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Homeowner Resources
Review our home energy loan products, check rates, or learn more about refinancing.