Unlock Your Home’s Equity

At Bay State Savings Bank, we understand that your home is more than just a place to live; it’s an investment. That’s why we offer Home Equity Lines of Credit and Loans that allow you to leverage the equity in your home to achieve your financial goals. Whether you’re looking to renovate your property, consolidate debt, or fund a major expense, our flexible and competitive options can help you make the most of your home’s value.


What is a Home Equity Loan (HELOAN)?

A HELOAN allows you to borrow a lump sum of money based on the equity in your home, which you repay over a fixed period.

Benefits of a HELOAN:

  • The ability to borrow up to 80% of your home’s value
  • One large sum available now
  • A competitive fixed-interest rate
  • A set monthly payment from the start

Ready to get started?

View Rates Apply Now



What is a Home Equity Line of Credit (HELOC)?

A HELOC is a revolving line of credit that allows you to borrow against the equity you’ve built in your home. It provides you with a flexible source of funds that you can use whenever you need it.

Benefits of a HELOC:

  • Funds can be paid back and borrowed again
  • Lines of credit from $25,000 to $500,000
  • Easy access to funds with mobile and online banking
  • Interest-only payments during the draw period

Ready to get started?

View Rates Apply Now

All loans are subject to credit approval. Our home equity lines and loans are only available where the home securing the loan serves as your primary residence or second home and is located in Massachusetts or New Hampshire. Additional restrictions may apply.


Contact Us to Learn More about HELOCs/HELOANs