Home Equity Loans and Credit Lines

What can your equity do for you?

  • 1st or 2nd mortgages over $7,500 up to $300,000
  • Revolving credit line based on the equity you have in your home
  • Fast decisions
  • No appraisal fees or origination fees
  • Quick application process with no fees or closing costs

1.99% APR for 12 months introductory rate*

3.25% APR after introductory rate


*Home Equity Credit Line: Annual Percentage Rate (APR). Rate listed applies to owner-occupied primary residence 1st and 2nd Lien Home Equity Credit Line of $7,500 - $300,000. Includes autocharge discount of 0.125%. The APR is fixed for the first 12 months. After the first 12 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 January 1, 2022. 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