Home Equity Line of Credit

Maximize the equity of your home with a Home Equity Line of Credit. Rates and terms for primary residences, second homes and seasonal properties.

Revolving Money

 

Features

No Application Fee 
No Closing Costs 
Competitive Rates
Up to 85% Loan to Value (LTV)

Additional Features

Flexible and convenient closed-end option
Revolving Line of Credit
eStatements

HELOC Rates

 

CHAMPION HELOC 

 Annual Percentage Rate (APR): Premier Fixed Rate of 3.50% *
                                            through 12/31/19 then Prime plus 0%

* Promotional Annual Percentage Rate (APR) of 3.50% is fixed through 12/31/19, then rate is variable at Prime plus 0% (or 4.25% as of 11/6/17). To obtain this rate, you must open a  personal checking account. Minimum credit line $10,000. Property and hazard insurance required, plus flood insurance if applicable. Penalty for early termination. Offer of credit is subject to approval. Maximum APR is 18.00%. Excludes non-owner occupied properties. Other restrictions may apply. Offer expires 1/31/18.

Gorham Savings Bank
Moving accounts is a breeze
In the past, moving a checking account has been a pain. But now, ClickSWITCH can transfer all your direct deposits and bill payments in less than 10 minutes. In many cases, five.
Learn More
Gorham Savings Bank
Branch-In-A-Box
Talk with a live teller to:
  • Make deposits
  • Transfer funds
  • Make loan payments
  • Bank until 6pm weekdays
Learn More
Gorham Savings Bank
Hold onto your home equity.
The equity you’ve built in your house is precious, indeed. Why give it away in closing costs and application fees or by paying rates over Prime
 if you don't have to? Now you don't have to.
Learn More
Moving Accounts
In the past, moving a checking account has been a pain. But now, ClickSWITCH can transfer all your direct deposits and bill payments in less than 10 minutes. In many cases, five.
Learn More
Branch-In-A-Box
Talk with a live teller to:
  • Make deposits
  • Transfer funds
  • Make loan payments
  • Bank until 6pm weekdays
Learn More
Home Equity Loans
The equity you’ve built in your house is precious, indeed. Why give it away in closing costs and application fees or by paying rates over Prime if you don't have to? Now you don't have to.
Learn More