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Apply Today for a Home Equity Line Rate as Low as 2.99% APR*
From home improvements to college tuition to major purchases, get busy as a bee with a Home Equity Line of Credit from Brookline Bank. Apply Today!
→ No application fee or closing costs**
→ No initial draw required
→ No expiration date†
→ Personal assistance with your
*The Annual Percentage Rate (APR) may vary monthly and will be based on the Prime Rate as listed in The Wall Street Journal (Prime) plus a margin. The APR will not be less than 2.99% APR or more than 18% APR. As of 9/1/15 the Prime Rate is 3.25%. The APR will also depend on the amount of the home equity line of credit (HELOC) that we approve. For home equity lines of credit (HELOCs) of $100,000 to $500,000, the APR will be Prime -.26%, currently 2.99% APR. For home equity lines of credit (HELOCs) of $50,000 to $99,999, the APR will be Prime +.74%, currently 3.99% APR. For home equity lines of credit (HELOCs) of $10,000 to $49,999, the APR will be Prime +1.10%, currently 4.35% APR. All APRs reflect a .26% Autopay discount. In some instances, the APR calculation used could result in a fully indexed APR below the minimum APR of 2.99%. If this occurs, your APR will not be less than 2.99%. Property hazard insurance required. No closing costs except for cooperatives, properties held in a trust and investment properties. $40 Annual Fee is waived for first year. Early termination fee of $350 or 2% of the Line's credit limit, whichever is less, applies if Line terminates within 24 months of closing. Other terms and conditions and restrictions apply. Offer subject to change without notice. NMLS ID #715671.
**Application fee and closing costs may apply for cooperative units and properties held in a trust.
†As long as you continue to own your home and keep current on your payments.
Sending a child to college can be very expensive. A Home Equity Line of Credit can help you manage these costs.
Brookline's Home Equity Line of Credit has no expiration date, no initial draw required, and has no application fee or closing costs.**
After last winter, many New Englanders are facing repairs to their homes. Let Brookline Bank help fix it!