/home/thebankofcanton/public_html/wp-content/themes/boc-responsive/page.php 23

Home Equity Loans & Lines

Home Equity Loans & Lines

Access the Equity in Your Home

Bank of Canton’s home equity loans and lines of credit provide homeowners with convenient access to credit. Home equity funds can be used for any purpose, including home improvements, education expenses, and consolidating higher-rate debt.

Home Equity Options

We offer both home equity loans and lines of credit:

  • Home Equity Loans
    Our home equity loans offer a one-time, lump-sum payout, and a fixed interest rate and monthly payment. Terms range from 5 to 20 years.
  • Home Equity Loans of Credit
    Our home equity lines of credit provide borrowers with ongoing access to funds as needed. Interest rates are variable, based on an index plus a margin. Changes to the underlying index mean changes to your rate and monthly payment.

There are no fees or closing costs with either option, and the interest you pay may be tax deductible (please consult your tax advisor). Our simple, two-page application and fast turnaround mean you can receive your funds quickly, in the manner of your choosing.

You can compare our home equity loans and lines to see which financing option best suits your needs.

Related Products and Services

Providing borrowers with competitive rates and easy, convenient access to credit when they need it.


Fixed- and adjustable-rate mortgages with a range of terms and down payment options, plus special loans for first-time homebuyers and veterans.


A reverse mortgage allows senior homeowners age 62 and above to convert the equity in their home into cash.