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Home Equity

Turn Your Home into Opportunity

Your home holds more than memories—it holds potential! Whether you're planning a home improvement, refinancing for a better rate, consolidating debt, or making a dream home, a Home Equity Loan or Line of Credit can help make it happen. Let’s unlock the possibilities together!
 
Home Equity Loans
Tap into your home's value with fixed rates and predictable payments, giving you the flexibility you need. Perfect for renovations, debt consolidation, or big expenses.
 
Discover the Advantages of a Home Equity Loan
Home Equity Line of Credit
Stay prepared for life's unexpected moments with a flexible line of credit—ready to cover emergencies, home improvements, or any opportunity that comes your way.
 
Discover the Advantages of a Home Equity Line of Credit
Home Equity Refinancing
Refinance your equity loan or line with us to enjoy lower rates, flexible terms, and the personal service you deserve. Unlock savings and greater financial flexibility.
 
Discover the Advantages of Refinancing with NESC




































Which One is Right for You?

 
  Home Equity Loan Home Equity Line of Credit
Best Uses
Large one-time expenses
Home improvement projects
Debit Consolidation
Safety net for emergency expenses
Education expenses
Medical expenses
Loan Amount Borrow up to 80% of your home's value minus current first mortgage balance. Borrow up to 80% of your home's value minus current first mortgage balance.
How You Receive the Money Funds are provided as a lump sum at closing, giving you the full amount upfront. Access funds by writing checks, transferring through online banking, or visiting a branch.
Term
 
Terms of 60, 120, or 180 months
(refer to disclosure below)
Ten-year revolving line draw period followed by a ten-year fixed repayment period.
(refer to disclosure below)
Payment Set payment of principal & interest Interest only during the revolving line and then set payment of principal and interest.
Closing Costs No closing cost program available No closing cost program available
Tax Status Interest may be tax deductible (consult a tax advisor) Interest may be tax deductible (consult a tax advisor)
 
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