Great Home Equity Lines of Credit

At a low, variable 8.00% APR* with autopay, our home equity line of credit (HELOC) makes it easier to tackle home improvements, tuition bills, major purchases and debt consolidation. You’ll enjoy:

  • No fees or closing costs
  • No initial draw requirement
  • Easy access to funds whenever you need them
  • Potential tax deduction on interest (ask your tax advisor)

Apply online today or request a consultation with a home equity expert:

Next Steps

Once you submit your information, we’ll contact you by your preferred method (phone or email) to review your goals and equity situation. We’ll help you determine the best borrowing option for your needs. Simply complete the short form to get started. If you’re ready to apply now, you can proceed to our Consumer Loan Center to apply online.


Bank of Canton’s home equity line of credit (HELOC) gives homeowners the ability to finance home improvements, education expenses, and other major purchases at a low, variable interest rate. There’s no “teaser rate” or short-term introductory offer. Instead, at Bank of Canton you’ll get a straight-forward rate, easy access to funds, and outstanding service and communication. Details >

*All loans subject to credit and underwriting approval. Rates and terms subject to change without notice. Property insurance required. Flood insurance may be required. Consult tax advisor regarding deductibility of interest. Other rates, terms and programs available. Annual Percentage Rate (APR) is variable monthly based on the Prime Rate published in the Wall Street Journal on the 4th day of each calendar month (or, if the 4th day is not a business day, as published on the prior business day), effective the 5th day of the month. Prime Rate as of 4/4/24 is 8.50%. If more than one Prime Rate is published, the higher rate shall be used. For lines of credit, establishing automatic monthly payment deduction from a Bank of Canton consumer checking or savings account (“autopay”) at time of loan origination is required to receive 0.50% APR discount. If the account is closed or if autopay ceases, the APR could increase. APR will be as low as Prime minus 0.50% (but never lower than 4.50%) with autopay, and Prime without autopay. Maximum APR is 18%. 1-4 family owner-occupied or second homes in MA are eligible. Properties held in trust will require additional recording fees and legal review, at borrower’s expense. Maximum loan-to-value is 75%. Maximum line amount is $300,000.