Home Equity Loans

Unlock the equity in your home to make home improvements, buy a car, cover tuition, or to consolidate other high-interest debt.

Bring your home equity loan home to BCSB and find out why our loans are just right for you:
Fixed rate loans or variable rate lines of credit
Terms to meet your needs
No closing costs on lines of credit less than $250,000 up to 80% LTV for qualified customers

Our convenient Debt Consolidation Calculator and Tax Benefits Calculator can help you decide on the loan that’s right for you.

Call 410.256.5000 or click here to have a loan officer contact you.

Rates Effective as of Friday, July 30, 2010

Rates and terms subject to change without notice and are valid for Maryland residents only.

Total Control Home Equity Line of Credit2
Line of Credit Amount	APR1
Up To $500,000	Prime Rate minus 1/4% (up to 80% LTV)

Prime rate is 3.25% as of 12/16/08 according to the Wall Street Journal.
Floor is 4% up to 80% LTV and ceiling is 24%

¹Annual Percentage Rate

² For Total Control Home Equity Line of Credit loans there are no closing costs on lines less than $250,000 with LTV's of 80% or less.  Closing costs paid by the Bank are subject to recapture in the event interest paid in the first three years of the loan does not exceed the closing costs. Closing costs are paid by the customer on lines of $250,000 or any loans over 80% LTV.  Closing costs range from $550-$6,200 primarily based on loan amount and property location.

Fixed Rate Loans – Up to 80% LTV - Maximum Loan Amount: $500,0002
Term	Rate	APR1	Monthly Payment per $1,000 Borrowed
5 Years	5.500%	5.532%	$19.10 (60 months)
10 Years	5.750%	5.767%	$10.98 (120 months)
15 Years	6.000%	6.012%	$8.44 (180 months)

¹Annual Percentage Rate

² For fixed rate loans, closing costs range from $550-$6,200 primarily based on loan amount and property location.

Click here for important Home Equity loan information.