Expand your possibilities. Make room for more with an in-law apartment, accessory dwelling unit (ADU), or some major upgrades to your home.
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We’re helping more people find homes and essential shelter through partnerships with nonprofits and local government.
We partner with organizations that help to enrich and nourish the lives of our neighbors.
Our employees are given paid time off to volunteer for community programs of their choice.
We fund programs that help fight food insecurity across our communities.
| Term | Interest Rate | APR | Loan to Value Ratio |
|---|---|---|---|
| 60-107 Months | 6.99% | 7.685% | Up to 80% |
| 108-120 Months | 7.19% | 7.575% | Up to 80% |
| 121-180 Months | 7.49% | 7.844% | Up to 80% |
| 181-240 Months | 7.99% | 8.249% | Up to 80% |
Minimum amount is $20,000. Maximum amount is $500,000. The loan must be in second lien position. Property insurance is required. Flood insurance is required if the property is located in a flood zone.
Annual Percentage Rate (APR) shown is the lowest rate offered and based on credit score. Rates are subject to change without notice.
The Fixed Home Renovation Loan offers a loan term of up to 240 months and begins with a 9-month interest only construction period followed by a fully amortized re-payment period for the remaining months. For maximum term of 240 months, loan amount must be greater or equal to $100,000.
Home Renovation Loans are only available if home is being built in New Hampshire or Maine.
All loans are subject to credit approval.
A payment example for a Home Renovation Loan with $100,000 loan amount and 7.99% interest rate and annual percentage rate of 8.249% will have a monthly principal and interest payment of $849.16.
The APR in the payment example was effective on February 26, 2024. The current APR may be different than the APR used in the payment example.
Put your money to work, and see the benefits in your accounts and the world around you.