|Home Equity Options||Fixed Equity Loan||Home Equity Line of Credit|
A Home Equity Loan or "fixed equity loan" works like any other personal installment loan – except that it is secured by your home. At closing, the principal balance of the loan is advanced to you. Your interest rate and the amount of your payment are fixed for the term of the loan.
A no closing cost option* is available with fixed equity loans.
Call 1-800-NBT-BANK (1-800-628-2265) or find the NBT Bank office closest to you to learn more about our Home Equity Loans!
*A no closing cost option is available, but you must reimburse the bank for closing costs paid to third parties if you repay the loan within four years. Property insurance is required on the property securing the loan. Other terms are available.