Skip to Content

Fixed Interest Rate Home Equity

Fixed Interest Rate Home Equity Loans

If you need money for a specific purpose and you would like to have a fixed monthly payment, consider fixed-rate home equity loans in Elmira, NY. A fixed-rate means your rate stays the same for the life of the loan, or a period of time within the loan. Plus, when you apply for the loan, you'll know right away what the rate will be so that you can determine which type of loan option best suits your needs. When you're ready to get started with our fixed-rate home equity loans in Ithaca, NY, or in any of our counties give us a call and we will be happy to work with you.

  • The minimum loan amount is $10,000
  • The interest rate will be fixed when you apply for the loan
  • Click here for fixed-rate home equity loan interest rates
  • Convenient terms - check with one of our loan specialists
  • The interest on a home equity line or loan may be tax deductible. Contact a tax advisor regarding the deductibility of interest

If your house is currently valued at $100,000 and the unpaid balance of your mortgage is $60,000 you may qualify for a fixed-rate home equity loan of up to $20,000. These calculations are approximate and provided solely for informational purposes. The results are in no way endorsed, offered or guaranteed by Chemung Canal Trust Company. For more information, please call us at 607-737-3815or toll-free at (800) 836-3711 and ask to speak with a Home Equity Specialist.