Look to your home — and your built-in equity — when it’s time to pay for bigger expenses. Choose from a lump sum or line of credit with no closing costs.
Key Features
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Competitive Rates
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Local Processing
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No Closing Costs
LOW INTRODUCTORY
5.99% APR*
For the first 6 months*
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CURRENT HOME EQUITY LINE-OF-CREDIT RATES AS OF 05/01/2025
| Term | APR as low as | Adjustments |
|---|---|---|
| 10 Years | 5.95% | Rate adjusts quarterly based on 6-Month T-Bill plus a margin. Rate quoted is"A-Paper" rate. Floor = 3%. |
| 15 Years | 7.00% | Rate adjusts every 6/30 & 12/31 based on Prime rate plus or minus a margin. Rate quoted is"A-Paper" rate. Floor = 3%. |
| 20 Years | 7.00% | Rate adjusts every 6/30 & 12/31 based on the Prime rate plus a margin. Rate quoted as "A-Paper" rate. Floor = 3%. High LTV>80% option available for qualified borrowers; minimum rate 10.50%. |
| 30 Years | 7.00% | Rate adjusts every 6/30 & 12/31 based on the Prime rate plus a margin. Rate quoted as "A-Paper" rate. Floor = 3%. High LTV>80% option available for qualified borrowers; minimum rate 10.50%. |
We also offer Home Equity Lines-of-Credit and Loans with up to 100% LTV. Contact our Loan Department for current rates on High LTV lines-of-credit and fixed rate home equity loans.
Promotional Rate Limited Time Only: 5.99% APR on any Home Equity Line-of-Credit for the first six months.
Your rate will be based upon your credit standing. Floor Rates and other conditions apply. Minimum Rate = 3.00% APR. 100% LTV Home Equity Loans are available. Specific terms and restrictions apply. Contact a loan officer for more details. Only available in NJ, NY, and PA.
- Competitive, variable, and fixed rates for a wide range of short-term or one-time needs with no closing costs:
- Make home improvements
- Build an addition
- Take a vacation
- Pay tuition
- Consolidate debts
- And much more!
- 5, 10, 15, or 20-year terms available
- Budget-friendly repayment terms
- Revolving credit – available balance replenishes as you make payments
- Funds available anytime without reapplying; apply once, then use as needed thereafter
- Funds conveniently available by requesting a book of checks to access your line or requesting us to deposit the funds to one of your accounts established with Garden Savings
- Secured by the amount of available equity in your home
- Amounts available up to 100% of your home’s equity
- The interest paid might be tax deductible1
- Simple, hassle-free process supported by our local decision making and processing
- Detail-oriented lending specialists who answer your questions in a timely fashion
- HELOC Products only available in NJ, NY and PA.
- Fixed Rate Home Equity Loans are also available.
- For Fixed Rate Home Equity Loan Rates Click Here
100% LTV Home Equity Loans are available. Specific terms and restrictions apply. Contact a loan officer for more details. Only available in NJ, NY and PA.
Easy Loan Payment Options
There are various options for making your loan payments, including automatic payments, paying online2, by mail, or at any Garden Savings location.
Click here for additional information on payment options.
1Consult a tax advisor.
2Please be advised that payments made from outside accounts take 2-4 days to post to your account.
*Promotional Rate Limited Time Only: 5.99% APR on any Home Equity Line-of-Credit for the first six months. Refer to current rates page for the applicable rates after introductory period ends.
Home equity products are only available in NJ, NY & PA.
