Home Equity Line of Credit

Key Features:

  • Borrow up to 80% of the equity in your home on a primary lien or junior lien behind an NBT Bank first position mortgage (primary residence or second home, excluding manufactured housing and rental properties).
  • Line amounts range from $10,000 to $500,000.
  • Funds are accessible with checks, transfers through NBT Online Banking, via telephone request or through one of our convenient branch locations.
  • Receive an interest rate reduction when you choose automatic payment from your NBT checking or money market account.

Fixed Rate Conversion Option:

  • Any time during your draw period you can request a Fixed Rate Conversion Loan within your Home Equity Line of Credit account (referred to as a Fixed Rate Conversion Option). Just like the line, as you repay the fixed rate loan, your credit line becomes available for future borrowing. Fixed Rate Loans are available in any amount between $5,000 and your credit limit.