“Loans

Equity Loans

At Athol Savings Bank, home equity matters - you've earned it!

An ASB Home Equity Line of Credit acts as a cash reserve that you can draw upon at any time to pay for major purchases or expenses, just by simply writing a check. A home equity line of credit is a variable-rate, revolving line of credit based on the available equity in your home and other qualifying criteria.

  • Maximum Combined Loan to Value - 80% (inclusive of any first mortgage)
  • No Closing Costs*
  • Minimum Loan Amount - $10,000
  • 10 year draw/10 year repayment period
  • $50 Annual Fee
  • Reimbursement Fee applicable if paid off and closed within 3 years of the date of loan closing
  • Automatic Payment available

*Certain restrictions may apply.

Click Here to apply now

An ASB Home Equity Loan allows you to receive your money all at once, then pay it back in stable, fixed monthly payments.

  • Maximum Combined Loan to Value - 80% (inclusive of any first mortgage)
  • No Closing Costs*
  • Minimum Loan Amount - $10,000
  • Various Repayment Terms
  • No Annual Fee
  • Automatic Payment available

*Certain restrictions may apply.

Click Here to apply now

Questions?

At Athol Savings Bank, we’re here for you! If you’ve got questions, we’ve got answers.

We’re here to discuss your questions, suggestions, and concerns at your convenience; and, we always look forward to talking with you. Contact us today!