Consolidate your bills, make home improvements or even finance your child’s education.
Bank of Easton EquiFlex gives you the flexibility you need. This is a special time-limited offer. Offer ends December 31st, 2024.
Bank of Easton EquiFlex gives you the flexibility you need. This is a special time-limited offer. Offer ends December 31st, 2024.
We offer fast, friendly and expert service. All our lending decisions are made locally, by local people.
Tap into the equity you have in your home. Our home equity line of credit offers low introductory rate and budget-friendly terms as you only need to make interest-only payments for the first 10 years of your line.
We offer a fast and convenient application process. Approvals are generally made within 48 hours.
You decide when and how to use your line of credit. Consolidate your bills, make home improvements or even finance your child’s education.
The same person who assists you with your application will also make the approval decision.
Put your home equity to work for you today! Consolidate your bills, make home improvements, or even finance your child’s education.
Bank of Easton has approved hundreds of Home Equity Loans and Lines of Credit. Our experience serving our local community will give you all the answers you need to acquire an affordable loan or line of credit. If you don’t see an answer here, please contact us!
You can apply for as much as $300,000 or as little as $20,000. The amount you will be approved for will be based on the equity you have in your home. The equity in your home is based on the value of your home less the balance of your mortgage. Please contact us for details of combined loan-to-value limits that apply.
You can use your line of credit for whatever you’d like. From a small home improvement project to a major renovation to your home, you control how your line is used. You can also use your line for needs unrelated to your home like the purchase of a car or appliances, or to cover the cost of your child’s education.
It’s as simple as writing a check! We will provide you with checks for your line of credit that you can use when you need to draw on your line. You can also access your line of credit via our online banking system and easily transfer funds from your line of credit into your Bank of Easton checking account.
For lines under $150,000 you will receive a decision in as little as 48 hours based on using an Automated Valuation Model and in most cases and your loan can close within a week! Approval of lines over $150,000 require a full appraisal which generally takes up to 30 days to complete.
Put your home equity to work for you today! Consolidate your bills, make home improvements, or even finance your child’s education.
*Introductory 5.75% Annual Percentage Rate (APR) effective 8/31/24, is fixed for 12 months from the date of closing. Thereafter, the APR becomes a variable rate adjusted monthly based on the Prime Rate, as published in the Wall Street Journal on the last business day of each month, minus .75% for the remainder of the line. Offer is available for new credit line borrowers and for owner-occupied properties only. Payments must be auto deducted from Bank of Easton Advantage Checking account to participate in this program; otherwise the rate will be based on the Prime Rate, currently 8.00%. After the first 12 months, rates are subject to change monthly and may increase after consummation. The minimum APR is 4.00% and maximum APR of 16%. As of 9/31/24 the Prime Rate was 8.00% which would result in an APR of 7.25%. Minimum credit line of $20,000 and maximum credit line is $300,000. Early Termination Fee of $550.00 if closed within 36 months. Interest only payments for the initial 10-year draw period, with additional 10-year payback of principal and interest. Standard closing costs are waived unless a full appraisal is required. Fees for trust and condominium document review are the borrower’s responsibility. This offer is subject to change without notice. Property insurance required and flood insurance may be required. Annual maintenance fee of $50. Additional terms and conditions may apply.
Main Office:
508-238-1000
Robert Drive Office:
508-238-2092
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