Real Estate Loans

Home Equity Line of Credit

A home equity line of credit is a variable rate loan. It is a revolving line of credit that works like a credit card in that the credit line replenishes once you pay it back, so you only need to apply once.

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Apply for a Home Equity Loan over the phone at 860.828.2790 ext. 8940

• Low variable interest rate tied to Wall Street Journal prime rate
• No closing costs or application fees¹
• No annual fee or inactivity fees
• No pre-payment penalties
• Convenient access to your line of credit online, by telephone, or writing a check
• Up to 90% Loan to Value available for qualified borrowers
• Your interest may be tax deductible (consult your tax advisor)

If interested in a Home Equity Line of Credit, please send us a message and an Achieve employee will follow up with you shortly.

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^₁No application fee or closing costs on loan balances of $25,000 or more. Application fee of
$350 and an $85-$90 recording fee on loans under $25,000. A $60 Release fee may also apply. Property insurance required.
After a 15-calendar-day grace period, there is a late charge of 5.00% of the payment with a $2 minimum and no maximum. Home Equity Loans are available for CT properties only. Other restrictions may apply.