Home Equity Credit Line

Uploaded Image: /vs-uploads/images/leaves-are-falling.jpgThe leaves are falling and so are our mortgage rates.

Limited Time Only!

  • 0.99% APR1 for 6 Months Introductory Rate
  • 3.25% APR1 After Introductory Rate


Introductory rate available 10/01/2020 to 10/31/2020. Offer available on new Home Equity Credit Lines only. Not available to current Trustco Bank Home Equity Line Customers.
1 Annual percentage rate (APR) current as of 10/01/2020. Includes auto charge discount of 0.125%. The APR is fixed for the first 6 months. After the first 6 months, the APR is a variable rate for the remaining life of the loan based on the Prime Rate. APRs are variable and subject to change weekly based on the Wall Street Journal Prime Rate, which is currently 3.25% effective September 2nd, 2020. The maximum rate is 16.00% APR. The term is based on a 10 year draw period and a 20 year repayment period. Property insurance required and flood insurance may be required. 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 notification. NMLS# 474376. Bank wide 10.01.2020