Home Equity Line of Credit ^top

Use a home equity line of credit1 as the smart way to manage your finances. If you want the flexibility of ready cash to remodel your home, consolidate your debt, buy a new car, or manage unexpected expenses, a home equity line of credit may be the best option for you.

How to Decide.

Take a Look at some of the benefits of our equity line of credit:

  • Apply once for a revolving line of credit.
  • Check access for an easy hassle-free way to get the cash, simply by writing a check up to your credit limit.
  • Low variable rate.
  • NO opening fees, annual fees or closing costs.
  • Average monthly outstanding balances for the year are eligible for the Owners' Dividend*.
  • Potential tax deduction. (consult your tax advisor)
  • Make payments conveniently online or by phone using TEL-E$L.

Apply online for credit approval3. Response within 48 hours.

Calculator

How much will my payments be during the draw period?

How much can I borrow?

For more information send us an email and someone will contact you usually within 24 hours. Or if you prefer, call our Contact Center at 585.336.1000 or 800.848.2265.

[Disclosures]

ESL Home Equity Loan ^top

If you have a specific purpose in mind for a major home remodeling project, a car purchase or maybe debt consolidation a home equity loan1 may be the best option for you.

How to Decide.

Take a Look at some of the benefits of our equity loan:

  • Low fixed rate for the life of the loan so you'll you have predictable monthly payments.
  • NO opening fees, annual fees or closing costs.
  • Balances are eligible for the Owners' Dividend*.
  • Potential tax deduction (consult your tax advisor) to keep more of your hard earned money.
  • Longer repayment terms for comfortable monthly payments.
  • Select from a variety of payment options, including AutoSweep directly from your ESL account.

Apply online for credit approval3. Response within 48 hours.

Calculator

How much will my payments be?

How much can I borrow?

For more information send us an email and someone will contact you usually within 24 hours. Or if you prefer, call our Contact Center at 585.336.1000 or 800.848.2265.

[Disclosures]

Two Smart and Simple Ways to Get Money When You Need It ^top

With your ESL Home Equity Loan or Line of Credit, you can borrow from the equity in your home for almost any purpose. You also could enjoy significant tax savings (consult your tax advisor). With either the ESL equity loan or line of credit, you pay:

  • No points.
  • No application fee.
  • No closing costs.
  • No appraisal fee.
  • No annual fee.
  • Great low rates.
  • How to decide which sounds most like you?
A Home Equity Loan is right for me because... A Home Equity Line of Credit is right for me because...
I have a specific loan purpose in mind. I need the flexibility of ready cash to manage unexpected expenses.
I want the security of knowing exactly what my monthly payments will be and when the loan will be paid-off. My budget is flexible enough to handle fluctuations in my monthly payment.
I don't foresee a need to borrow money in the next 18 months for a major remodeling project, tuition, a new car, wedding or other major expense. I foresee a need to borrow money in the next 18 months for a major remodeling project, tuition, a new car, wedding or other major expense.
I want tax deductible interest. I want tax deductible interest.
Apply Now Apply Now