Home Equity Loans

With Home Equity Loans and Lines of Credit, you have the support to turn your dreams into reality. Contact us today to explore how we can assist you in making the most of your home’s equity.

Please be aware that Homeowner’s Insurance is required.

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Home Equity Loans: Stability Meets Flexibility

Dream Big. We’re Here to Support Every Step.

We understand that your home is more than just a place to live—it’s a canvas for your dreams. Whether you’re looking to renovate your kitchen, consolidate debt, or fund a major life event, our Home Equity solutions for both primary and secondary homes in Maine are tailored to bring your visions to life.

Secure Your Finances with Fixed Rates

Opt for a Home Equity Loan and enjoy the certainty of fixed rates for 5, 10, or 15 years. Designed with your financial well-being in mind, our loans come with low closing costs and no prepayment penalties, ensuring a smooth, predictable path to fulfilling your goals.

Home Equity Lines of Credit (HELOC): The Freedom to Access Funds As You Need

Flexible Access with Cost-Effective Features

Our HELOC offers a 15-year term, providing you with the flexibility to draw on funds as needed. Benefit from low closing costs and the option for interest-only payments, making it easier to manage your finances. Plus, with the convenience of checks and free online banking access, utilizing your line of credit is effortless and efficient.

Why Choose Franklin for Your Home Equity Needs?

  • Tailored Solutions: Whether you prefer the stability of a loan or the flexibility of a line of credit, we have options to suit your needs.
  • Local Expertise: Our deep understanding of the Maine housing market means we’re perfectly positioned to offer advice and solutions that make sense.
  • Convenient Access: Manage your funds easily with our user-friendly online banking platform, designed to keep your financial goals within reach.
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Talk to a Lender

Fill out the form below to get in touch with a lender about your home equity needs!

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