Borrowing simplified

Say good-bye to complicated application processes. At Norway Savings, our local lending experts make it simple. For us, it starts with meeting you where you are. Once we know how you want to use the equity in your home, we’ll help you find the right option. Whether you want to add another bathroom, pay for a child’s education, or fix a roof, we can help. 

CustomLOCKSM home equity line of credit

With CustomLOCK you get the flexibility to lock in portions of your line at a fixed-rate to create stable payments. Do it at any point in the loan. It’s your call.

  • You have the option to lock portions of your line as fixed-rate loans (up to three), with stable payments and no rate risk—no new application needed. There is a $50 fee for each fixed rate LOCK request.
  • Draw on your variable-rate line with convenient check access for up to 10 years—no prepayment penalty. After the 10-year draw period, you will have up to 15 years to repay.
boy having his height marked on the wall of his house
CustomLOCKSM Home Equity Line of Credit

*Special Offer!


Rates as low as Prime minus 0.75%

Ready to get started on a Home Equity?

Support your way.
Quick. Convenient. Local.

Choose a lender that’s right for you. Whether you’re financing a vacation home, a new construction, or your first home, our specialized mortgage lending experts will find the mortgage or home loan that best fits your life. And they’ll be with you through every step. With Norway Savings, you’ll never have to go it alone.

Karie Anderson
Mortgage Loan Officer
NMLSR # 2425261
Penny Rose Anderson
Market Manager & Home Equity Lender
NMLSR # 2070094
Andrea Benvie
Market Personal Banker & Home Equity Lender
NMLSR # 2172161
Linette Dehetre
VP, Branch Manager & Home Equity Lender
NMLSR # 811793
Amanda Drouin
Branch Manager & Home Equity Lender
NMLSR # 1807070
Maria Edwards
VP, Branch Manager & Home Equity Lender
NMLSR # 638350
Assistant Market Manager & Home Equity Lender
NMLSR # 525135
VP, Market Manager & Home Equity Lender
NMLSR # 751247
VP, Market Manager & Home Equity Lender
NMLSR # 525140
Amy Lehigh
VP, Market Manager & Retail Lender
NMLSR # 529327
Joe Leland
VP, Market Manager & Home Equity Lender
NMLSR # 1238890
Carter Loring-Lessard
Market Manager & Home Equity Lender
NMLSR # 1795816
Michelle Luce
Assistant VP, Branch Manager & Home Equity Lender
NMLSR # 529315
Mary Martell
Branch Manager & Home Equity Lender
NMLSR # 1268866
Erin Nelson
Assistant VP, Branch Manager & Home Equity Lender
NMLSR # 1233232
Cooper Winslow
Branch Manager & Home Equity Lender
NMLSR # 2307139

Use Pay My Loan to make online payments on your loan quickly, easily and securely.


Helping you be you

Ready to buy a new or used car? Buy a boat or RV? Pay for college education? If you can dream it, Norway Savings can finance it.

  • Competitive fixed interest rates
  • Flexible terms and options
  • Prompt local decisions and servicing for the life of the loan
  • Convenient automatic loan payment
  • Friendly, personal service — every time

To speak to a lender about Personal Loans, please call 1.888.725.2207.


*Rates and offer are effective January 2, 2024, subject to change without notice and are for new home equity lines of credit. The 7.75% Annual Percentage Rate (APR) is variable each month and the APR will be established based on an Index PLUS margin. The index is the highest Prime Rate Published in the Wall Street Journal. Adjustments to the Periodic Rate and the corresponding Annual Percentage Rate, resulting from changes in the Index, can change daily. As of January 2, 2024, the Prime Rate was 8.50%; however the APR can never go below the minimum of 4.00%. The maximum APR will be 16% APR. APRs assume a credit score of 700 or better; 10-year draw, 15-year repayment requirement. Maximum 80% Combined Loan to Value Ratio (CLTVR). Other programs with other terms are available. Lower CLTVR for loan amounts above $766,550.00. Minimum line amount is $5,000.00. Special Appraisal & Title fee offer is available for Primary and Second Homes. Offer excludes expenses for unusual legal, unique property appraisals or title issues. Offer applies to owner-occupied 1-4 family primary residences and second homes, excluding manufactured homes. Homeowners insurance required.