FDIC-Insured—Backed by the full faith and credit of the U.S. Government
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Gather Documents
Have your financial documents and ID ready before you apply.
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HELOC Promotion
Make it your dream home with a Home Equity Line of Credit
Our competitive Home Equity Line of Credit (HELOC) rates make it easy for you to finance your dreams. A HELOC can help you with home renovations, vacations, education, a new car, you name it. With a local team across Rhode Island, Massachusetts, and eastern Connecticut, you'll have guidance to help you make the most of your HELOC.
5.990% APR1
Fixed for 12 months
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7.250% APR1
Variable thereafter (Based on Prime + 0.25%)
See what your payments could look like with our HELOC Calculator.
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Talk to a Lender
Connect with our lending team to review your options.
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Access Your Funds
Draw on your line whenever you need it.2
Disclosure:
1Homeowners insurance is required. Flood insurance may be required. Minimum loan amount $10,000; maximum loan amount $1,000,000. Loan amounts are subject to change without notice. Fees ranging from $50 to $6,000 will apply if title insurance is required, if the subject property is held in trust, a subordination agreement is needed, or a change in property title is required. Title insurance is required on first position loans over $250,000. Please consult a tax advisor regarding the deductibility of interest. Available only to applicants who have not had a HELOC or Fixed Home Equity loan from Centreville Bank on the subject property in the 12 months preceding the date of application. Available on one-to-four family, owner-occupied primary residences located in RI, CT, and MA only (“primary residences” do not include second homes or non-owner-occupied investment properties). An Annual Maintenance Fee of $50 applies, which is waived if the tax reporting owner opens and maintains a Personal Premium Checking account.
The Annual Percentage Rate (APR) is accurate as of {CurrentDate}. The Promotional APR is fixed for the first 12 months (Promotional Period). After the Promotional Period ends, the APR is variable, based on the Prime Rate as published in the “Money Rates” table in the Wall Street Journal in effect as of the last day of each calendar month, plus a margin of 0.25% and is subject to change without notice. The maximum APR is 18%; the minimum APR is 3.25%. The maximum LTV is 80%. If at the time of consummation, you open and/or maintain a Personal Plus Checking account or a Personal Premium Checking account, and establish auto payment, your rate will be discounted by 0.25% after the expiration of the Promotional Period. The Promotional Period is not eligible for this 0.25% rate discount. If your account is closed and/or auto payment is discontinued, the discounted rate will cease, and the original terms of the agreement will apply.
Subject to credit approval. Other terms are available. Other conditions may apply. Please contact a Centreville Bank representative at 401.821.9100 or 800.377.4424 for details.
2The amount you can borrow at any time is based on your credit limit and will be reduced by any outstanding balance.