Home Equity

Home Equity


Our Home Equity Loans can put you on Cloud Nine!
Let's make it happen with our promotional interest rates.

For a limited time, you can take advantage of our special Home Equity Line of Credit introductory APR* of 2.00%.

Apply online or contact us today for details!

If you are like many homeowners, you may have a substantial amount of equity accumulated in your home.

Equity is the difference between the present value of your home and the amount you owe, if any, on a mortgage. With our home equity options, we can give you an opportunity to use the valuable equity you have accumulated.

There are several other reasons to consider a home equity line or loan.

  • It's convenient.
  • The interest on a home equity line or loan may be tax deductible. Contact a tax advisor regarding the deductibility of interest.
  • There are no closing costs as long as you maintain the account for at least 3 years.
  • Repayment options offer flexibility.

Learn more about our home equity programs and which one is best for you!

Homeowners hazard insurance required on all properties, and flood insurance is required on properties in flood zones.

For more information, please call us at (607) 737-3815 or toll-free at (800) 836-3711 and ask to speak with a Home Equity Specialist.


*APR = Annual Percentage Rate. The APR will be 2.00% through 3/31/2015. Beginning on 4/1/2015, for the remaining term of the loan, the APR will adjust to the regular stated APR at the time the loan opened. For our Home Equity Flex+ Line of Credit, the APR will adjust to the highest Prime Rate published in the Wall Street Journal on the last business day of the prior month. Assuming no change in the current Prime Rate, the APR after 3/31/2015 would be 4.00%. For the line of credit, you will be required to reimburse CCTC certain fees paid to third parties if it is terminated within three years after the opening date. These can be as low as $726.77 for a $10,000 credit line and there is no maximum loan amount. The lifetime cap for line of credit is guaranteed not to exceed 16.0% APR, with a floor of 4.00% APR. Collateral mortgage required to be filed. Subject to credit approval. Rates subject to change without notice. Consult your tax advisor for more information regarding the deductibility of interest and fees.


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