Home Equity Loans
If you're home equity needs are more of a one-time thing, then you may prefer the BankGloucester Home Equity Loan. With a fixed rate and payback schedule, you can still take advantage of the possible tax benefits (the interest you pay may even be tax deductible).
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Home Equity Line of Credit
BankGloucester's Home Equity Line of Credit was developed to offer financial flexibility. Whether you need the funds today or are planning for the future, a Home Equity Line of Credit can make the process so much easier. The funds are available when you want, simply by writing a check. Giving you the flexibility to prioritize your financial needs - to consolidate high interest debts, pay for a wedding, enjoy that long awaited vacation, buy a car, or pay for tuition. The choice is yours.
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HELOC Application (PDF)