Katahdin Trust Company

Home Equity

Home Equity Loans & Line of Credit

Your home is your greatest asset. Let it work for you.

  • No annual fee
  • No initial draw required
  • Choose from a variety of payment options
  • Choose fixed or variable rates
  • One of the least expensive and tax-smart ways to borrow money if you own a home (consult your tax advisor)

A home equity loan or home equity line of credit provides you with cash by leveraging the equity in your home - the value of your home minus any mortgage debt. Choose the plan that's best for you, a line of credit or a fixed rate loan. Compare
 

Speak with a loan officer to see if you qualify today!
 

Subject to credit approval. Maximum loan-to-value ratio is 80%. Loan amounts from $10,000 to $200,000. Property insurance required.  
 

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