Home Equity
Whether your goal is a dream kitchen, a home addition or financing other purchases and expenses, Saratoga
National Bank can help! We offer a variety of convenient and budget-friendly Home Equity options to make your
life easier.
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Benefits
With a Home Equity Plus Loan*, you can borrow up to 100% of your home’s value! Fixed monthly payments
make budgeting simple. You can leverage the value of your home for a variety of uses – fund your
child’s education, consolidate debt or renovate your home.
Features
- Leverage 100% of your home’s value
- Fixed monthly payments
- Convenient and flexible terms
Benefits
A Home Improvement Loan** allows you to leverage up to 133% of your home’s value to make home
improvements. Fixed monthly payments make budgeting simple.
Features
- Convenient and flexible terms
- With up to 133% of your home’s value, you can invest more in improvements
Benefits
Borrow up to 100% of your home’s value while enjoying the flexibility of our Home Equity Plus Line of
Credit
†.
Rate
7.99% APR fixed 36-month introductory rate; automatically goes to 10.00% APR variable rate (Prime
plus 2.00% APR) after 36 months.
Features
- No closing costs or annual fee
- Borrow up to 100% of your home’s value
- Minimum amount only $10,000
Benefits
Our Home Equity Combo‡ gives you the flexibility to choose what works for you!
Start with a line of credit: Similar to a credit card, a line allows you to access
funds in small increments over a period of time and make payments only on the amount you have used
so far.
Convert to a loan: With our unique product, you have the option to lock in a
fixed-rate loan at any time.
Rate
Line of credit: 5.99% APR fixed 12-month introductory rate; automatically goes
to 8.00% APR variable rate (Prime plus .00%) after 12 months.
Loan: Rates as low as 6.49% APR.
Features
- No closing costs or annual fee
- Borrow up to 80% of your home’s value
- Flexible payment options
- Minimum amount only $10,000 for Combo; Minimum amount $25,000 for Prime plus .00%
APR
Benefits
Our Home Equity Loan‡ is perfect for those looking to borrow a fixed amount of money and
pay it back with monthly payments. Low fixed-rate options protect you against rising interest rates.
Rate
Fixed rates as low as 6.49% APR; Keep that rate for the life of your loan.
Features
- No closing costs or annual fee
- Borrow up to 80% of your home’s value
- Choose from 5, 10 and 20 year terms
- Minimum amount only $10,000
For more information on our Home Equity options, contact any
of
our locations or call (518) 583-3114.