NB Home Equity Line of Credit
You’ve established equity in your home and want to build an addition. Or maybe you’d like to consolidate debt to avoid higher interest rate products like student loans, credit cards, and other debt obligations. Or you simply enjoy having a financial safety net available in the case of unexpected expenses or an opportunity to make a large capital purchase.
A Needham Bank Home Equity Line of Credit (NB HELOC) is a revolving credit line which offers the power to tap into your home’s equity to provide funding for what is most important to you.
Our Residential Lending Team is available to answer questions you may have about interest rates, the application process, credit access, and how an NB HELOC might be able to help you.
In addition to competitive interest rates and a dedicated personal banker, NB HELOCs carry no annual fees and no minimum draw at closing. Many clients have also enjoyed receiving a tax deduction for the interest they’ve paid on an NB HELOC, but please consult your tax advisor to be sure this applies to you.
To get started, click below to apply online or have us call you by using the "Schedule a Call" button.
With an NB HELOC, a member of our Residential Lending Team will be guide you through every step of the process, from application to closing to credit access.
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