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Home Equity

Pay for a major purchase using the equity you have in your home.

The equity you have in your Massachusetts or Rhode Island home can be the key to getting the financing you need for major projects, purchases or debt consolidation. With Home Equity Loans and Home Equity Lines of Credit with varying terms and competitive rates, we can help you find the home equity product that’s right for you.

BankFive’s Home Equity Loans and Home Equity Lines of Credit:

  • Leverage the value of your home
  • Use for a variety of purposes including vacations, home renovations, or consolidating debt
  • Various terms and rates available

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Home Equity Loans

Receive your funds in one lump sum, at a fixed rate. Predictable monthly payment schedule.

 
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Home Equity Lines of Credit

Use your home's equity to establish a revolving line of credit. Use the available credit as needed, and only pay interest on the funds you use.
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