Home Equity Line of CreditWhether you're looking to build an addition, pay for a car or payoff expenses, our below market Home Equity Line of Credit is a smart way for homeowners to borrow. Unlike others, we don't jack up a low teaser rate after a few months. Our rate starts low at Prime minus 1/2% (currently 4.50% APR*) and stays at Prime minus 1/2% . This offer is available to homeowners in Middlesex and eastern Worcester counties in MA. Apply for approval with our Secure Loan Application, or call us at 508-485-3000 and ask for the Loan Department. We'll get back to you right away with the answer you need.
* Annual Percentage Rate(APR) as of 5/1/08 based on WSJ Prime (now 5%) minus 1/2% . APR is a variable rate and subject to change after consummation with a maximum of 14% APR. 80% combined loan to value for owner occupied residences with a maximum loan of $200,000. Property insurance required. For new accounts, no closing costs based on assessed value. Marlborough Co-Operative Bank Marlborough MA  Lowell MA Andover MA Kennebunk ME
Phone: 508-485-3000 Fax: 508-624-0603
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