Home Equity Loans
Make Your Dreams Reality
Flexible Freedom Home Equity Line of Credit*
No matter what the day may bring, it’s great to have options. Whether planning for a rainy day, capitalizing on an idea or supporting an unforeseen need, HNB’s home equity options may offer the right solution for you.
Create Opportunity
Leveraging the equity you’ve built in your home, you can increase your cash flow for:
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Credit Card ConsolidationDebts piling up? Help get your debt under control with the utilization of a HELOC. Credit card consolidation is one of the most beneficial uses of this option. With simplified access to your funds, reduced borrower cost, lower interest rates, and an added layer of security through the equity in your home, a HELOC can be a great way to decrease your credit card debt. |
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Home ImprovementBuilding opportunity for more equity! Renovate a kitchen, put in a pool, add a deck or update your landscaping. Leveraging your home's equity to increase the value of your home is what we like to call a win-win! |
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Travel ExpensesTravel expenses can add up fast. From transportation, meals, hotels and entertainment, costs can skyrocket quickly. Use your home's equity to fund a family vacation that wasn't feasible in your regular budget. |
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Wedding FinancingSay 'I do' to managing wedding expenses. If eloping isn't your dream, help manage items from the dress to the caterer with your home's equity. |
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Higher EducationWork smarter not harder. Take the opportunity to change career paths or advance yourself in your professional or vocational endeavors. From certificates to degrees or even paying for private schooling for children – it's all possible. |
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Medical ExpensesKeep safe with a safety net for medical expenses. Whether due to an emergency, a chronic condition, or planned procedures that insurance may not fully cover, a HELOC offers a flexible and reliable way to help manage these costs without the high-interest burden of credit cards or personal loans. |
Home Equity Line of Credit
The flexibility you need. The freedom you deserve. HNB's Flexible Freedom Home Equity Line of Credit allows you to lock in a fixed rate for a term that fits your life and your budget.
- Home Improvements
- Debt Consolidation
- Auto / RV / Boat Purchases
- Medical Expenses
- Vacations
- Weddings
- Tuition Payments
- And more
HELOC Features
- One loan approval
- No recurring proofs of employment, income, or value of collateral
- Choose the length of term
- Select rate based upon your preferred term
Apply Now and receive approval within minutes.¹
Questions?
Any member of our local team of loan officers, mortgage advisors can answer your questions and support you with the process every step of the way. Or visit one of our convenient locations to get started today.
Other Loan Options
*Approval within minutes is available during normal business hours to qualified borrowers for loans up to $125,000 and upon verification of meeting or exceeding the established thresholds for Debt to Income (DTI), Loan to Value (LTV), and Credit Score. Other Home Equity Loan amounts and application options are also available. For the Flexible Freedom Home Equity Line of Credit, the borrower may lock the line of credit to a fixed rate for a particular term at any time and should inquire about rates, terms, and conditions. After the lock period the APR is variable and may change monthly based upon changes in the NY Prime Rate but will not fall below 3.75% or exceed 18%. The Prime Rate is based on the highest rate published in the Wall Street Journal and is 7.50% as of December 19, 2024. The origination fee, cost of appraisal, and cost of recording are waived for this offer. For properties located in NY State, $100 will be credited to the cost of the appraisal and the customer’s portion of NY State Mortgage Tax is at the borrower’s expense. Loans $350,000 or greater will be assessed a title insurance fee. Home Equity Loans are subject to credit qualification, income verification, and collateral evaluation. Additional restrictions, limitations, and exclusions may apply.