Home Equity
Are You Ready to Take on Your NEXT Project?
If you have an urge to tackle some home improvements, or get organized by consolidating your credit card debt, or plan that long-awaited vacation for a special anniversary or birthday, come talk to us. You may be eligible for a Home Equity Line of Credit that can make these dreams come true!
A home equity line of credit provides you with a revolving credit line, much like a credit card, that you can use only in the increments you need or want.
You can apply for a Home Equity Line of Credit online in just a few minutes.
Interested in a Home Equity Loan verses a Home Equity Line of Credit? Talk to one of our Lending Specialists to determine which program is right for you.
Spring Forward With Our Special HELOC Rate!
Take advantage of our special 6.75% APR* fixed rate for 24 months!
Contact a Loan Specialist

Susan Bushee
Loan Originator AssistantBennington, Main Branch
NMLS ID#: 2370938
802.445.7957sbushee@bennbank.com
* The Annual Percentage Rate (APR) of interest charged is fixed at a discounted rate of 6.75% for the first 24 months. After that, the rate will adjust monthly based on the Wall Street Journal Prime Rate, currently at 7.50% APR. The maximum APR of 18.00%. This is a revolving line of credit with a 10-year draw period. Any outstanding balance at the end of this period will convert into a term loan for an additional 10 years. During the draw period, the minimum monthly payment is the interest on the outstanding balance. Our program minimum loan amount is $15,000 to a maximum of $250,000. A $50 annual fee will apply during the draw period. An early termination fee $500 is assessed if the account is closed within 36 months of opening. This offer is available for primary residences only, with a maximum loan-to-value ratio of 80% of the property valuation or appraised value. An application fee of $250 is required, and other closing costs may apply, up to $1,000 if a full appraisal is necessary. All loans are subject to credit approval, and additional restrictions may apply. The discounted rate is subject to change without notice. Other rates and terms are available.