Chemung Canal PrimeLine

When you choose our PrimeLine home equity line of credit, you may be able to borrow up to 80% of the market value of your home, less any outstanding mortgage. For example, if your home's market value is $70,000 and you currently owe $25,000 on your mortgage, you may qualify for a $31,000 home equity line of credit.

Take advantage of this program and you will get the following features:

• Flexibility of an open line of credit with affordable monthly payments
• The interest on a home equity line or loan may be tax deductible. Contact a tax advisor regarding the deductibility of interest
• Minimum credit line available is $7,500  
• Variable annual interest rate. Interest rate will be adjusted on a monthly basis.  Click here for interest rate information and details. 

For more information, please call us at (607) 737-3739 or toll-free at (800) 836-3711 and ask to speak with a Home Equity Specialist. Or apply online.

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