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Home Equity options

Home Equity

Whether your goal is a dream kitchen, a home addition or financing other purchases and expenses, Glens Falls National Bank can help! We offer convenient and budget-friendly Home Equity options to make your life easier.

 

Apply Now - Home Equity 

 

Benefits

Our Home Equity Combo* gives you the flexibility to choose what works for you!

Start with a line of credit: Similar to a credit card, a line allows you to access funds in small increments over a period of time and make payments only on the amount you have used so far.

Convert to a loan: With our unique product, you have the option to lock in a fixed-rate loan at any time.

Rate

Line of credit: 3.25% APR fixed 12-month introductory rate; automatically goes to 4.50% APR variable rate (Prime minus .25% APR) after 12 months.

Loan: Rates as low as 3.99% APR.

Features

  • No closing costs or annual fee
  • Borrow up to 80% of your home’s value
  • Flexible payment options
  • Minimum amount only $10,000

Benefits

Our Home Equity Loan* is perfect for those looking to borrow a fixed amount of money and pay it back with monthly payments. Low fixed-rate options protect you against rising interest rates.

Rate

Fixed rates as low as 3.99% APR; Keep that rate for the life of your loan.

Features

  • No closing costs or annual fee
  • Borrow up to 80% of your home’s value
  • Choose from 5, 10 and 20 year terms
  • Minimum amount only $10,000

 

For more information on our Home Equity options, contact any of our locations or call (518) 793-4121.