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Home Equity Loan

If your home is worth more than you owe on it, a home equity loan at The Dime Bank can provide funds for anything you want, not just projects to fix up your home. Also called a second mortgage, this loan is a smart way to leave your savings funds in tact. We offer low rates and easy ways to make payments. Talk to one of our experienced mortgage lenders about how you can get started.

Home Equity Spring 2021

With the spring season upon us, it's a great time to start the home improvement projects you've always imagined.

We can help you turn those dreams into reality!
 
Apply for The Dime Bank's 3.25% annual percentage rate home equity loan today.

Take advantage of:
  • A limited time fixed rate of 3.25% APR*
  • No application fee
  • No property search fee
  • No flood search fee
  • No points of origination fee
Meet with one of our helpful Dime Bank loan officers today to structure a loan tailored to your specific needs.

*APR=Annual Percentage Rate, effective as of 03/22/2021. $10,000.00 minimum in new money required, defined as money not currently borrowed from The Dime Bank. Stated APR applies to terms from 12 months to 72 months and loan amounts of $10,000.00 to $150,000.00. The monthly payment per $1,000.00 borrowed at 3.25% APR for a 72 month term is $15.31. An automatic payment from an account at The Dime Bank must remain for life of the loan to obtain stated rate. Other rates and terms available. Financing subject to credit approval. Offer is valid as of 03/22/21 and may change or discontinue at any time. Evidence of homeowners insurance and flood insurance, if applicable, is required prior to loan closing. Mandatory NYS mortgage tax applies for NY residences to be paid by borrower. Limited time offer. Certain restrictions apply; please inquire for full details about credit costs and terms.

Additional Benefits

  • Use home equity loans for financing various projects
  • Leave savings and emergency funds intact
  • Competitive low rates
  • Flexible terms for affordable payments
  • No prepayment penalty
  • Receive funds in one lump sum
  • Local service and decision making
  • Experienced lenders familiar with the local market
  • Dedicated personal service
  • Loans subject to credit approval
Visit our online Mortgage Web Center for more information.

Home Equity Line of Credit (HELOC)

Relax with ready financing for whatever hit comes your way. A line of credit draws from your home equity and provides flexibility. Use what you need, as you need it, and pay interest only on what you use.

Summary:

  • Use home equity for ready financing
  • Leave savings and emergency funds intact
  • Competitive low rates
  • Use what you need, as you need it
  • Convenient ways to draw funds
  • Pay interest only on what you use
  • Potential tax advantages**
  • Local service and decision-making
  • Experienced lenders
  • Dedicated personal service
  • Loans subject to credit approval
**Consult a tax advisor.

The Dime Bank believes in creating amazing customer experiences with the best in banking online and in person so your financial goals become your reality. We're your community bank with several branches in Northeast Pennsylvania.

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