Home Equity & Line of Credit Loans
HOME EQUITY LINE OF CREDIT ACCESS UPDATE:
Greenfield Savings Bank has updated our systems related to how a customer’s Home Equity Lines of Credit (HELOC) are displayed and accessed. Learn how this change could impact you and your HELOC.
Put the equity in your home to work
Our home equity products are designed to provide funds for a wide range of projects from debt consolidation and more; choose between a revolving line or a fixed term.
Home Equity Loan
- Minimum loan amount of $25,000
- Fixed-rate loans with stable monthly payments
- Choose from a selection of terms
- No closing costs if you schedule automatic loan payments from a Greenfield Savings Bank checking account on loans up to $250,000.
Home Equity Line of Credit
- Tap into a loan fund as often as you like for any reason at all
- Interest-only payments for up to 15 years
- Rate fixed for the first year, then variable for remainder of the term
- Quickly access funds with checks, through Online or Mobile Banking or at Greenfield Savings Bank branches
- Funds that are repaid are available again for other purposes
- Revolving line of credit
- No closing costs if you schedule automatic loan payments from a Greenfield Savings Bank checking account on loans up to $250,000.