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.
CustomLOCKSM Home Equity Line of Credit
*Special Offer!
7.75%APR
Rates as low as Prime minus 0.25%
+ Save up to $650 on Appraisal + Title Fees on your HELOC. Other programs with other terms are available.
Ready to get started on a Home Equity?
HOME EQUITY EXPERTS
Support your way.
Quick. Convenient. Local.
Explore the financing options of home equity loans and home equity lines of credit and find out what’s right for the life you choose. From consolidating debt to renovating a kitchen, our specialized home equity experts will help you understand the advantages and considerations of each to help align you with your goals. Ready to get started? We’re here to help, every step of the way.
EASY LOAN PAYMENTS
Use Pay My Loan to make online payments on your loan quickly, easily and securely.
PERSONAL LOANS
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 October 07, 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 October 07, 2024, the Prime Rate was 8.00%; 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.
