Logon To:
Access ID:
Log In to Business Online Banking

Online Banking

Phone: 978-283-0246
  888-283-2272

Home Equity Lines of Credit

Home Equity Line Of Credit

*APR effective as of 04/19/17 and subject to change at any time. APR based on Prime Rate as published in the Wall Street Journal as of the last working day of the month, plus 0.00% margin and may increase after consummation. Bank pays typical closing costs (credit, flood determination, drive-by appraisal, title rundown). 1- 4 family owner occupied properties only. Minimum Loan amount $75,000.00 / Maximum Loan amount $250,000.00. Borrower pays all costs on lines over $250,000.00. Not to exceed 70% LTV (Loan to Value) ratio including first mortgage. Hazard insurance, property taxes, and flood insurance, if required, are not included and may increase payment obligations. Subject to credit approval. Offer may be withdrawn at any time. $250.00 Closeout fee if the line is closed within the first three years, unless refinanced with Cape Ann Savings Bank.

Rates are applicable as of 4/25/2017.