Home Equity Line of Credit

National Bank of Coxsackie continuously supports you and your endeavors! Whether it is home improvements, consolidating your debt, or taking a vacation you’ve been meaning to go on, a Home Equity Line of Credit from NBC can help! We are committed to our customers which is why we keep our rate at prime! There is no floor or annual fees you need to worry about, so you can really get your money’s worth. Put your homes equity to work today.

Home Equity Line of Credit
(filed first or second mortgage on primary or secondary residence)

  • Annual Percentage Rate at prime + 0.00% with a ceiling of 24.00%.
  • Draw period is 10 years.
    • Minimum draw is $200.
    • Maximum Loan-to-Value (LTV) of 75%
    • During draw period 1/180th of the month end principal balance plus interest (minimum of $100) due monthly.
    • At the end of draw period, principal balance outstanding will be repaid over 180 months

Annual Percentage Rate is a variable rate based on The Wall Street Journal prime rate and is currently 3.50% APR.  Closing costs on $10,000 loan approximately $491. No membership or participation fees. Property insurance is required. No minimum, fixed, transaction or activity charges that are finance charges are imposed uner the plan.Rates and terms may change without notice.

See how competitive our other Current Rates are!

Ready to get started? Fill out one of our convenient Online Forms and submit your loan application today!


To answer any questions or inquiries you may have please feel free to contact our Senior Loan Officer:

Name:   Mark Maraglio
Location:  Main Office
Email:  mmaraglio@nbcoxsackie.com
Phone 518-731-6161