Belmont Savings Bank

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Rates - Equity

Home Equity Products*

Effective as of October 22, 2014

Home Equity Line of Credit

Equity Loans2

Fees & Charges

  1. No closing costs or annual fees for PlatinumBlue HELOC. $25,000 minimum draw required at closing. $300 early termination fee. $300 processing fee imposed if the minimum draw of $25,000 is not made at closing and does not stay outstanding for 90 days.
  2. Fees/closing costs applicable for Equity Loans. Closing costs could range from $500 - $1,500.
    Interest may be tax deductible. Please consult a tax advisor.

*Lending Requirements

  • 1-4 Family Owner Occupied Residences
  • Rates subject to change without notice
  • Equity product payments are based on a monthly repayment schedule
  • Any borrower obtaining a loan secured by real estate must provide the Bank with satisfactory proof of hazard/homeowner's insurance
  • Subject to credit approval

Primary Lending Area

All cities and towns in Essex, Middlesex and Norfolk counties, Massachusetts. Also: Allston and Brighton, Massachusetts



Belmont Savings Bank
2 Leonard Street

(Belmont Center)
Belmont MA 02478
Belmont Savings Bank
277 Trapelo Road

Belmont MA 02478
Belmont Savings Bank
53 Mount Auburn Street

(Watertown Square)
Watertown MA 02472
Belmont Savings Bank
1070 Lexington Street

(Inside Star Market)
Waltham MA 02451
Belmont Savings Bank
699 Mount Auburn Street

(Inside Star Market)
Cambridge MA 02138
Belmont Savings Bank
33 Austin Street

(Inside Shaw's)
Newton MA 02460
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2 Leonard Street, Belmont, MA 02478, 617-484-6700
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