Home Equity Express | East Cambridge Savings Bank | ECSB.com

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If you’re thinking of renovating your home, taking a special vacation or paying for education, now’s the time! With a home equity line of credit from East Cambridge Savings Bank, you can use the equity in your home to make it happen. It’s time to let your home’s equity start working for you!


3.49% APR1

for the first 12 months


 4.49% APR1

Prime -.51%

for remaining term 

East Cambridge Savings Bank’s Home Equity Express Lines of Credit offer:

  • Express application
  • Affordable options
  • Streamlined documentation
  • Competitive rates
  • Autopay from ECSB deposit account for even lower rates
  • Variable rate of interest indexed to the Wall Street Journal’s Prime rate
  • Line of credit is $25,000 - $250,000
  • Borrow up to 75% of your home’s equity  

Photo of a young couple painting a room. 

Apply online, visit any of our 10 convenient, full service banking centers or call 1.866.354.ECSB (3272) to get started!



1. Variable Annual Percentage Rate (APR) is subject to change. The APR will be based on The Wall Street Journal Prime Rate (Prime) published on the first Bank business day following the 24th of each month. As of , the Prime Rate is currently 5.00%. Minimum 4.49% APR; maximum 18% APR. If the monthly payment is automatically deducted from an East Cambridge Savings Bank (ECSB) checking/savings account, APR will equal Prime - .51%, currently 4.49% APR. If the monthly payment is not automatically deducted from an ECSB checking/savings account, APR will equal Prime + 1%, currently 6.00% APR. Minimum line $25,000; maximum line $250,000. Maximum combined loan-to-value based on value equaling 75%. Introductory rate for new HELOC with ECSB only. Termination fee equal to ECSB closing costs (approximately $0 to $900) applies if the line is closed within the first 24 months. All lines will be assessed a $50 annual fee. Available for 1-4 family owner-occupied in Essex, Suffolk, and Middlesex counties only. Property insurance required, including flood insurance if applicable. Maximum term is 240 months. Minimum payment of interest-only during the 120 months of line access (draw period). Principal and interest payments during the 120 months of no line access (repayment period). Other restrictions may apply. Offer subject to change without notice. Subject to credit approval. Bank’s NMLS ID #441396.














For more information, please call our Customer Service Center at 1.866.354.ECSB (3272).
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