> HOME > PERSONAL BANKING > HOME EQUITY

Home Equity Loans

The equity you have built up in your home is a money source you can use. Century Bank can help you add that extra room, or a pool, or make those much needed repairs.

We can customize a loan to fit your needs, with low rates that can be locked in for as long as 15 years. With this fixed rate loan you are protected from rising interest rates and payments.

Home Equity Lines

This revolving line of credit is secured by the equity you have in your home. It allows you to use your funds whenever you need them, again and again.

Once your application is approved and your credit limit determined, you can access your line account as often as you like. You decide how much of your credit you want to use and what you’ll do with the money. These resources can be used for a variety of reasons – some may be tax-deductable (consult a tax professional for details).

Use your Home Equity Line for:

• home improvements and remodeling
• bill consolidation - lower total monthly payments and save money on interest
• school tuition: for your children or your own education and career opportunity

No Closing Cost Option New and existing Century Bank deposit customers with a minimum daily balance of $500 during the first year, can opt to pay no closing costs on their home equity line.*

Interest-Only Home Equity Line of Credit With our interest-only option, a home equity line is more affordable than ever! Consolidate debt, remodel, add a pool, buy a boat or a car, or even pay college tuition.

Take Advantage of Your Credit Today Contact a branch manager for the answers to any questions you may have and to receive an application. Upon approval, your loan officer will arrange a meeting to complete the agreement.

* If credit line is closed during the first 18 months, bank-paid closing costs will be charged back to the home equity line.