Equity Loans

Home Equity Loan

Looking to take equity out of your home to consolidate bills, take a vacation or for any other purpose? Do you like the idea of a fixed rate? Then check out our Home Equity Loan to determine if this is the loan you've been looking for. Minimum loan amount is $10,000. Monthly principal and interest payments required. This product available as a second mortgage only on one to four family owner occupied residences within our designated lending area.

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Home Equity Line of Credit

If you are a homeowner, a Home Equity Line of Credit could be the most affordable solution for major purchases. In most cases, Home Equity Lines of Credit offer the added benefit of tax-deductible interest. Consult your tax advisor for more specifics. The Home Equity Line of Credit is written for twenty years, a ten year draw and a ten year repayment, at a variable rate subject to change monthly based on the Prime Rate as published in the Wall Street Journal. Athol Savings Bank currently offers a low introductory rate for new accounts only. This product available on one to four family owner occupied residences within our designated lending area. You choose the payment option of interest only or a principal and interest payment.

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Rates are subject to change without notice.
Real Estate Loans will require borrowers to maintain satisfactory homeowners insurance coverage.
Contact an Athol Savings Bank lender or branch manager. Please call toll free 1-888-830-3200 or contact your local branch office. (Click here for locations and phone numbers.)