Mortgage Solutions
NCB offers Home Equity Loans and Lines of Credit for cooperative units in New York and DC and for residential properties in Ohio for residents looking to take out equity for home improvements.
HOME EQUITY LOAN
Lets you borrow a fixed amount, secured by the equity in your home, and receive your money in one lump sum.
HOME EQUITY LINE OF CREDIT
A revolving credit that allows you to borrow money as you need it with your home as collateral.
LOAN TOOLBOX
Eu nihil ridens democritum nam, sale postulant est an. Et eum decore viderer nonumes, viris senserit eos an.
Looking to remodel or make improvements to your home? We can help.
* HOME EQUITY LOAN DISCLOSURE: Loan approval is subject to credit approval and program guidelines. LTV restrictions apply. $250 application fee. Third party fees and closing costs may apply. No prepayment penalty. Repayment required upon sale of residence or at maturity of loan. Consult your tax advisor regarding deductibility of interest.
**HOME EQUITY LINE OF CREDIT DISCLOSURE: Offer is subject to credit review and approval and available to co-op unit owners in the following states (D.C. and NY). Loan to Value (LTV) restrictions apply. $1,000 application fee, additional fees may apply. Your Home Equity Line of Credit will be set up for 10 years with monthly interest only payments and then convert to a fully amortized loan up to 240 months. Rates are variable and are tied to the Prime Rate of interest. An annual maintenance fee of $75 is due on the anniversary date of the loan during the 10 year, interest only period. The balance of your Home Equity Line of Credit can be paid off at anytime; however, if you decide to close your credit line within 36 months, a termination fee of $500 may apply. Property insurance may be required. Product available for primary residence only. Consult your tax advisor regarding deductibility of interest.
**OHIO HELOC DISCLOSURE ONLY: Offer is subject to credit review and approval. LTV restrictions apply. Your home equity line of credit will be set up for 10 years with monthly interest-only payments and then convert to a fully amortized loan up to 240 months on the balance that is due at the end of the 10 year interest-only period. Rates are variable and tied to Prime Rate. An annual maintenance fee of $50 is due on the anniversary date of the loan during the initial 10 year, interest-only period. The balance of your home equity line of credit can be paid off anytime; however, if you decide to close your credit line within 36 months, there is an early termination fee of $250. Property insurance will be required. Consult your tax advisor regarding deductibility of interest.