Whether you want to make home improvements, purchase a new car, consolidate debt, finance your child’s education or want to plan well-deserved vacation, Spencer has the right home equity loan for you. We offer a variety of suitable options to allow you to use your equity to meet your personal goals. We will take the time to get to know you and your needs to find the perfect loan option for you.
The following NMLS Consumer Access website will provide you with NMLS numbers for all Spencer lenders. Spencer Savings Bank’s NMLS number is 421318.
Home Equity Loan Types
| Loan Types | Loan Amounts | Interest Type | Loan Features |
|---|---|---|---|
Fixed Home Equity Loan |
$2,000 – $1 Million | Fixed Rate |
|
SpencerFlex Line of Credit |
$5,000 – $1 Million | Variable Rate (Based on Prime Rate) |
|
Special Homeowner Loan |
$2,500 – $250,000 | Fixed Rate |
|