Turn your home's equity into cash with a Home Equity Loan from BankFive.
Whether you’re looking to make a large purchase, start a home renovation or remodeling project, or consolidate your debt, a BankFive Home Equity Loan can help. Our Home Equity Loans provide you with funds in a lump sum, based on the equity available in your Massachusetts or Rhode Island home. Let us help you get the financing you need at a competitive rate today.
Your big plans require smart financing:
- Use for home improvements, debt consolidation or any large expense
- Fixed rates, so your monthly payments won't change
- Interest is potentially tax-deductible (consult your tax advisor)
- Amount of equity available is determined by the value of your house
- Loan amounts up to $500,000 on primary residences and $250,000 on second homes
No matter what kind of plan or project you're looking to finance with your home equity, BankFive is here to help. Apply online or contact one of our expert mortgage loan officers today.
Home Equity Lines of Credit also available.