Home Loans

Home Equities

Tap into the Value of Your Home to Pay for Important Personal Expenses 

Financial relief is closer than you think. Let Atlantic help you use the equity in your home as collateral for a convenient line of credit. 

Our competitive rates help you meet your needs — easily and affordably. Pay for college tuition, medical expenses, or anything in between. Save time filling out paperwork — apply once and access funds anytime. Best of all, the interest paid may be tax deductible, letting you get more from your money.

Summary

Home Equity with Equity

  • We have lines of credit and fixed rate term loans
  • Competitive rates for several short-term or recurring costs:
    • Education expenses
    • Major life events
    • Emergency reserve
    • Debt consolidation
    • And much more!
  • Use your home’s equity as collateral
  • Funds may be drawn from at anytime, available without reapplying
  • Funds easily available via HELOC checking account, in-person withdrawals, online banking, mobile app, and telephone banking
  • Interest may be tax deductible (consult your tax advisor)
  • Local, mid-coast Maine decision-making and processing
  • Friendly, customized service from start to finish

Home Equity without Equity

    We call it our HEWEY Loan. If you don’t have equity, but need to take care of a few repairs, this affordable source of funds will come in handy. Plus, the improvements you make put equity in your pocket — giving you more bang for your buck.

      • Funds for home improvement projects — no equity required
        • Financing up to $20,000
          • Flexible Terms Available
            • Competitive interest rates