Add more
cushion to your
financial life
with our Long-Draw Home Equity Line.
Call (877) 927-4904
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1. 35 year draw period followed by a 15 year repayment period for owner occupied properties.
2. No closing costs except for cooperatives and properties held in a trust. $40 Annual Fee is waived for the first year. Early termination fee of $250 applies if Line terminates within 12 months of closing.
3. The Annual Percentage Rate (APR) may vary daily and will be based on the Prime Rate as listed in The Wall Street Journal (Prime) plus a margin. As of 5/1/19 the Prime Rate is 5.50%. The APR will also depend on the amount of the home equity line of credit that we approve. For home equity lines of credit of $25,000 to $749,999, the APR will be Prime –.51%, currently 4.99% APR. For lines of $750,000 to $1,499,999, the APR will be Prime -.26%, currently 5.24% APR. APRs will not be less than 3.00% APR or more than 18% APR. All APRs reflect a .26% Autopay discount. Property hazard insurance required. Other rates, terms, conditions and restrictions apply. Offer subject to change without notice. Speak with a banker for investment property rates. NMLS ID #715671.
ARLINGTON BEDFORD BOSTON BROOKLINE BURLINGTON CHESTNUT HILL LEXINGTON MALDEN MEDFORD NEEDHAM NEWTON WALTHAM WELLESLEY WEST ROXBURY
ARLINGTON BEDFORD BOSTON BROOKLINE BURLINGTON CHESTNUT HILL LEXINGTON MALDEN MEDFORD NEEDHAM NEWTON WALTHAM WELLESLEY WEST ROXBURY
Take advantage of the comfort of our extended 35-year draw.1
Apply online today!
EXTRA LONG DRAW PERIOD — 35 YEARS1
RATES AS LOW AS PRIME MINUS .51% APR3
NO APPLICATION FEES OR CLOSING COSTS2
Education Expenses
Sending a child to college can be very expensive. A Home Equity Line of Credit can help you manage these costs.
HELOC Features
Brookline's Home Equity Line of Credit has an extended draw period, no initial draw requirement, no application fee or closing costs.2
Home Improvements
Need an addition, upgrade or repair to your home? Let Brookline Bank help.
Curious how much you might qualify for?
Try our Home Equity Calculator