Notice: In observance of Thanksgiving Day, All SBSI locations will be closed Thursday, November 28th, 2024. Normal business hours will resume Friday, November 29th, 2024.
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Home Equity

You earned it. Why not use it? Loan or Home Equity Line of Credit, your choice.

Apply TodayView Rates- Home Equity

Tap your home equity

Leverage the equity in your home to make improvements, fund tuition or take on that big project you’ve wanted to do for years. Choose from our fixed-rate, closed-end Home Equity Loans or Line of Credit with a fixed rate for the first two years.

  • Fixed payments to help manage your budget
  • Variety of terms at competitive rates
  • Option to borrow up to 80% of your home’s value for Saco & Biddeford Savings mortgage holders
  • Interest only payments billed during draw period
  • Easy access to funds with a HELOC checkbook
  • Option to borrow up to 80% of your home’s value for Saco & Biddeford Savings mortgage holders

Calculators

Loans

  • Payoff Calculator

    Find out how long until your loan is paid off with consistent regular payments.

  • Duration Calculator

    Want to pay off your loan sooner? See how additional monthly payments can affect your balance.

  • Payment Calculator

    Determine your loan payment based on the term and interest rate.

Meet the SBSI residential lending team

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Checking

Free Checking Accounts, Online Checking Accounts, free Debit Cards and more.
Learn More about Checking

Homeowners Insurance

Your home is a significant investment. Safeguard it with a comprehensive Homeowners Plan, ensuring peace of mind.
Learn More about Homeowners insurance

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