Home Equity Line of Credit ^top
Use a home equity line of credit 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.
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, plus a 6 month discounted introductory rate.
- Borrow up to 100% of your available equity - and get more of the money you need. Plus, now that we offer the 100% option, even low equity borrowers can tap into the full extent of their equity and lock in some of the best rates available.
- NO opening fees, annual fees or closing costs for loans of $10,000 or more1.
- Earn an Owners' Dividend* and get back some of the interest you pay.
- Potential tax deduction. (consult your tax advisor)
- Make payments conveniently online or by phone using TEL-E$L.
Apply online for credit approval usually within 48 hours. Accepting applications for property located in New York, New Jersey and Pennsylvania only.
Calculator
For more information send us an email and someone will contact you usually within 24 hours. Or if you prefer, call our Tele-Banking Center at 585.336.1000 or 800.848.2265.
![[Disclosures]](../images/btn_disclosures.gif)
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 loan may be the best option for you.
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.
- Borrow up to 100% of your available equity and you'll get more of the money you need. Plus, now that we offer the 100% option, even low equity borrowers can tap into the full extent of their equity and lock in some of the best rates available.
- NO opening fees, annual fees or closing costs for loans of $10,000 or more1.
- Earn an Owners' Dividend* and get back some of the interest you pay.
- Potential tax deduction (consult your tax advisor) to keep more of your hard earned money.
- Longer repayment terms for comfortable monthly payments.
- Make payments conveniently online or by phone using TEL-E$L.
Apply online for credit approval usually within 48 hours. Accepting applications for property located in New York, New Jersey and Pennsylvania only.
Calculator
For more information send us an email and someone will contact you usually within 24 hours. Or if you prefer, call our Tele-Banking Center at 585.336.1000 or 800.848.2265.
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 on a line or loan of $10,000 or more.
- 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 |