Home Equity Loan / Home Equity Line of Credit
Mascoma Savings Bank offers our customers both a Home Equity Loan or a Home Equity Line of Credit. Mascoma Savings Bank will customize your Home Equity to best suit your needs.

Home Equity Loan
A convenient way to get funds from the equity of your home.
A Home Equity Loan all the proceeds are disbursed up front and there are regular monthly payments of principal and interest. This product is suited for customers with a one-time need for funds.

Home Equity Line of Credit (HELOC)
A convenient way to tap into the equity of your home. Home Equity Line of Credit is a line of credit where you only pay on the amount outstanding. The loan can be used for most purposes and the interest may be tax deductible. This product is suited for customers needing access to money over a period of time.