Home Equity

Turn your home's equity into MORE.

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Current Rates


4.50% APR




8.50% APR*

AS LOW AS PRIME + 0.000%

*The variable rate above reflects a discount of 0.50% for automatic payment from an NBT Bank Checking or Money Market Account and would increase if this condition is not met.

Lock in a competitive introductory offer and no closing costs today.

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No Closing Costs. The No Closing Cost Home Equity Line of Credit product excludes the following fees: flood certifications, credit reports, appraisal reports, title searches, tax service fees, settlement fees, mortgage recording and mortgage tax fees. Borrower(s) will still be obligated to pay optional fees, including but not limited to any fees associated with: homeowner’s insurance or flood insurance premiums, home inspections and surveys, owner’s title insurance premiums, and any costs requiring additional legal services or reviews. In New York fees paid to third parties generally total between $692 and $8,576. In Connecticut, Maine, Massachusetts, New Hampshire, Vermont and Pennsylvania, closing costs paid to third parties generally total between $404 and $4,990.

Introductory Rates. Rates shown are as of 06/03/2024. If you qualify, you will receive the introductory 4.50% Annual Percentage Rate (APR) for 6 months. The APR after the introductory period is variable (as low as Prime + 0.000%) and may change monthly based upon changes in the prime rate but will not fall below 3.75% or exceed 15.90%. The Prime Rate is the highest Prime Rate published in the Wall Street Journal. As of June 3, 2024 the Prime Rate is 8.50%.

To Qualify. To qualify for the introductory rates: (1) the Home Equity Line of Credit must be in a first lien or a junior lien position behind an NBT Bank first mortgage on the property; (2) property must be a 1-4 family owner-occupied primary residence or single-family second home and cannot be an investment property, co-op, mobile home or manufactured housing; (3) the loan-to-value (LTV)/combined loan-to-value (CLTV) ratio cannot exceed 80%; (4) the borrower must have an Experian FICO score of 700 or greater; (5) payments must be made via automatic deduction from an NBT Bank checking or money market account; (6) customers renewing an existing home equity line of credit from NBT Bank must be approved for and receive a line increase of at least $10,000 to qualify for the initial Annual Percentage Rate discount. Property insurance is required and flood insurance when necessary. Title insurance is required for all loans over $250,000. The borrower must pay the title insurance premium even when NBT Bank pays the other closing costs. Offer subject to credit and collateral approval. This is not a commitment to lend. Additional terms and conditions may apply depending on the type of collateral, FICO score and other loan terms offered or chosen.

For more information talk to your local NBT Banker.

NBT Bank is here to help you understand your home's equity and make the most of it.