Home Equity Loans
Now is a good time to transform the equity in your home
into cash.
Home Equity Line of Credit
- $500 non-refundable application fee
- No transaction fees
- Floating rate with terms up to 5 years
- $50 annual fee is waived during the first year, then annually beginning one year after the contract date of your loan.
- Maximum LTV = 75%
- Maximum line amount is currently $250,000. ($100,000 max if first mortgage is not with GSB)
Fixed Rate Home Equity Loan
- $250 non-refundable application fee
- No transaction fees
- Fixed rate with terms up to 15 years
- The maximum LTV = 75%
- Maximum loan amount is currently $250,000. ($100,000 max if first mortgage is not with GSB)
Loan & Credit Line Payment Calculator. Help determine difference between a line of credit and fixed rate term loan.
