Home Equity Loans and Lines of Credit

Borrowing against the equity in your home can be a fast and easy way to pay a large expense or consolidate debt. Whether you’re planning to make home improvements, finance your child’s education, take a well-deserved vacation or pay off your credit cards, Schuyler Savings Bank can help. Our knowledgeable lending team will take the time to understand your specific needs and help select the financing option that’s right for you. Our staff will guide you through the application process step-by-step.



Home Equity Loans

We offer fixed-rate Home Equity Loans with consistent monthly payments for a specific term of your choice. Our interest rates are competitive, and our loan staff will ensure a fast and hassle-free process.

ARM Handbook Home Equity ARM Disclosure Application

Home Equity Lines of Credit (HELOC)

Our Home Equity Line of Credit allows you to access your funds over a 10-year draw period. During that time, you can borrow as much as you need, whenever you need it, up to your credit limit. A HELOC is a variable-rate loan where the interest rate can change as frequently as monthly. At Schuyler Savings Bank, borrowing is as easy as writing a check, and best of all, you pay nothing for your line of credit until you use it.

Both Home Equity Loans and Home Equity Lines of Credit are secured by a first or second mortgage lien and are available on owner-occupied 1 – 4 family homes and single family vacation homes.

Please consult your tax advisor regarding interest deductibility as tax rules vary.

Home Equity Loan products are also available on 1 – 4 family investment properties. Please call for details and eligibility requirements.

HELOC Booklet Important Terms Disclosure HELOC Application

Important Terms Disclosure - Investment  



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