Home Equity Credit Line

Now is the best time to unlock your home’s value! Let your home help you build your future.
Fixed for 12 Months
5.375 % APR*
Fixed for Remaining Term
7.750 % APR*
No annual or application fee
Revolving line available as needed for first 10 years
No closing costs
Borrow up to $300,000
Quick, local decisions
Discover and learn more about our other equity options and loans at your local branch or visit us online at
*Annual Percentage Rate (APR) current as of: 12/27/2023 Includes autocharge discount of 0.125%. This rate applies to loans in the first lien position, up to 80% Loan-to-Value (LTV) with a term based on a 10 year draw period and a 20 year repayment period and payments auto charged from a Trustco Bank deposit account- The APR is reduced for the first 12months. After the first 12 months, the APR is fixed at 7.750% for the remainder of the life of the loan, this rate is not variable and will not increase. During the 5 year draw period, payments are interest only. After this period, payments will convert to principal and interest calculated at the remaining 15 year term. Property insurance required and flood insurance may be required. Home Equity Credit Lines are also avaiable as a second lien, dierent terms and conditions apply. Please contact a branch for more details. (1)If you terminate your loan within 3 years of your closing date or do not advance $15,000 at closing, you will be required to reimburse Trustco Bank for any third party fees that may have been paid on your behalf. Third party fees include mortgage tax and mortgage filing fee totaling $570, based on a $50,000 line at a 1% tax rate. Mortgage tax and filing fees may vary by mortgage document, county and state. Consult a tax advisor regarding tax deductibility of interest. Please note: Subject to credit approval. All rates subject to change. We reserve the right to alter or withdraw this product or certain features thereof without prior notifica- tion. NMLS# 474376
Home Town in every way
Bankwide 11.15.2023