{"id":12009,"date":"2024-07-26T08:42:56","date_gmt":"2024-07-26T12:42:56","guid":{"rendered":"https:\/\/baycoast.bank\/?post_type=personal&#038;p=12009"},"modified":"2025-10-28T09:42:14","modified_gmt":"2025-10-28T13:42:14","slug":"home-equity-loan-heloan","status":"publish","type":"personal","link":"https:\/\/baycoast.bank\/en\/personal\/lending\/home-equity-loan-heloan\/","title":{"rendered":"Home Equity Loan (HELOAN)"},"content":{"rendered":"<div class=\"lazyblock-interior-hero-WjtAp wp-block-lazyblock-interior-hero\">\n<div class=\"section hero\">\n\t<div class=\"backing parallaxContainer\">\n\t\t<div class=\"backing\" style=\"background-image: url(https:\/\/baycoast.bank\/wp-content\/uploads\/2024\/07\/Website-Header-TEMPLATE-SIZE-1920x800-1.jpg\" role=\"img\" aria-label=\"Hero Image\"><\/div>\n\t<\/div>\n\n\t<div class=\"heroContent\">\n\t\t<div class=\"plusPlus blue\" ><\/div>\n\t\t\n\t\t<div class=\"heroWrapper\">\n\t\t\t<div class=\"heroBlock bgWhite\">\n\t\t\t\t\n\t\t\t\t<div class=\"heroBlockHeadline\">\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"categories flex\" style=\"justify-content: flex-start;\">\n\t\t\t\t\t\t\t<div class=\"h6\">\n\n\t\t\t\t\t\t\t  \t\t\t\t\t\t\t\t    \t<a href=\"https:\/\/baycoast.bank\/personal\">Personal<\/a>\n\t\t\t\t\t\t\t    \t\t\t\t\t\t\t  \n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"primaryColor dot h6\">\u00b7<\/div>\n\n\t\t\t\t\t\t\t\t<div class=\"h6\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/baycoast.bank\/en\/personal\/lending\/\">Lending<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t<h1 class=\"blue\">Home Equity Loan (HELOAN)<\/h1>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t    \t\n\t\t\t\n\t\t\t\t<div class=\"openAccount bgBlue\">\n\t\t\t\t\t<div class=\"grain\" role=\"presentation\"><\/div>\n\t\t\t\t\t<div class=\"btn white\" role=\"button\" tabindex=\"0\">Apply Now&nbsp;<span class=\"primaryColor\">+<\/span> <div class=\"backing bgPrimaryColor\"><\/div><\/div>\n\n\t\t\t\t\t<div class=\"backing bgPrimaryColor\"><\/div>\n\t\t\t\t\t\n\t\t\t\t\t<a href=\"https:\/\/baycoastbank.mortgagewebcenter.com\/Account\/Login?ReturnUrl=%2fApplyNow\" target=\"_blank\" rel=\"noopener\"><\/a>\n\t\t\t\t<\/div>\n\n\t\t\t\n\t\t<\/div>\n\t<\/div>\n<\/div> \n\n<div class=\"spacer\"><\/div><\/div>\n\n<div class=\"lazyblock-interior-content-27igwo wp-block-lazyblock-interior-content\"><div class=\"spacer\"><\/div>\n\n<div class=\"section\">\n\t<div class=\"paddedWrapper\">\n\t\t<div class=\"wrapper flex gutenberg\" style=\"justify-content: center;\">\n\n\t\t\t\n\t\t\t<div class=\"smallWrapper gutenberg\">\n\t\t\t\n\t\t\t\t<div class=\"h3\">Unlock Your Home&#8217;s Potential with a Home Equity Loan (HELOAN)<\/div>\n\t\t\t  \n\t\t\t  \t<hr style=\"margin-bottom: 5rem;\">\n\t\t\t\t\n\t\t\t\t\n\n<p>Discover the benefits of a Home Equity Loan (HELOAN) from BayCoast Bank. Whether you&#8217;re planning a major home renovation, consolidating debt, or funding a significant purchase, a HELOAN offers a smart and secure way to achieve your financial goals.<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-47b11f2\" data-block-id=\"47b11f2\"><\/div>\n\n\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-eeec287\" id=\"strong-why-choose-a-home-equity-loan-heloan-strong\" data-block-id=\"eeec287\"><h2 class=\"stk-block-heading__text\"><strong>Why Choose a Home Equity Loan (HELOAN)?<\/strong><\/h2><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Fixed Rate for the Life of the Loan: <\/strong>Enjoy the stability and predictability of fixed monthly payments.<\/li>\n\n\n\n<li><strong>No Prepayment Penalty:<\/strong> Pay off your loan early without additional fees.<\/li>\n\n\n\n<li><strong>Autopay Discount:<\/strong> Save 0.25% with autopay from a BayCoast Bank checking account.<\/li>\n\n\n\n<li><strong>Investment Property Eligibility:<\/strong> Available for investment properties with a combined loan-to-value (CLTV) of 60% or less (with a 1-point higher rate).<\/li>\n\n\n\n<li><strong>Regional Availability: <\/strong>Eligible properties located in MA, RI, and CT.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-24ed049\" data-block-id=\"24ed049\"><\/div>\n\n\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-03220d0\" id=\"strong-how-does-a-home-equity-loan-work-strong\" data-block-id=\"03220d0\"><h2 class=\"stk-block-heading__text\"><strong>How Does a Home Equity Loan Work?<\/strong><\/h2><\/div>\n\n\n\n<p>A Home Equity Loan, often called a second mortgage, uses your home as collateral. The loan amount is based on the appraised value of your home minus the balance owed on your current mortgage. Unlike a <a href=\"https:\/\/baycoast.bank\/en\/personal\/lending\/equity-lines-loans\/\">Home Equity Line of Credit (HELOC)<\/a>, a Home Equity Loan (HELOAN) provides a lump sum amount at a fixed interest rate.<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-d0592c4\" data-block-id=\"d0592c4\"><\/div>\n\n\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-b549b92\" id=\"strong-apply-today-and-start-your-financial-journey-strong\" data-block-id=\"b549b92\"><h3 class=\"stk-block-heading__text\"><strong>Apply Today and Start Your Financial Journey!<\/strong><\/h3><\/div>\n\n\n\n<p>Unlock the equity in your home and take control of your financial future with a Home Equity Loan from BayCoast Bank. Apply now or contact us for more information!<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-ba762eb\" data-block-id=\"ba762eb\"><\/div>\n\n\n\n<div class=\"wp-block-stackable-button-group stk-block-button-group stk-block stk-08147d1\" data-block-id=\"08147d1\"><style>.stk-08147d1 {margin-bottom:50px !important;}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-button-group\">\n<div class=\"wp-block-stackable-button stk-block-button stk-block stk-673a56f\" data-block-id=\"673a56f\"><style>.stk-673a56f .stk-button{padding-top:15px !important;padding-right:20px !important;padding-bottom:15px !important;padding-left:20px !important;background:var(u002du002dstk-global-color-63884, #fbad18) !important;}.stk-673a56f .stk-button__inner-text{font-size:16px !important;color:var(u002du002dstk-global-color-3828, #18428f) !important;font-weight:600 !important;}@media screen and (max-width: 1023px){.stk-673a56f .stk-button__inner-text{font-size:16px !important;}}<\/style><a class=\"stk-link stk-button stk--hover-effect-darken\" href=\"https:\/\/forms.onlineaccountaccess.com\/secure\/lcn\/baycoast\/\" title=\"Apply for Home Equity Loan Now\" target=\"_blank\" rel=\"noopener\"><span class=\"has-text-color has-stk-global-color-3828-color stk-button__inner-text\">Apply Now<\/span><\/a><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-a8f93f8\" data-block-id=\"a8f93f8\"><\/div>\n\n\n\n<p class=\"has-small-font-size\"><em>Contact us for current interest rate information and full details. All loans are subject to credit approval, and other restrictions may apply. Program guidelines may change without notice. BayCoast Bank NMLS #403238.<\/em><\/p>\n\n\n\t\t\t<\/div>\n\n\t\t<\/div>\n\t<\/div>\n<\/div> <\/div>\n\n<div class=\"lazyblock-looking-for-more-2tun1j wp-block-lazyblock-looking-for-more\"><div class=\"spacer\"><\/div>\n\n<div class=\"section\">\n\t<div class=\"paddedWrapper\">\n\t\t<div class=\"wrapper\">\n\t\t\t<div class=\"mediumWrapper\">\n\n\t\t\t\t<div class=\"lookingForMore\">\n\t\t\t\t\t<h4 class=\"blue h3 hide\">Looking for More?<\/h4><!--\n\t\t\t\t\t--><div class=\"moreLinkList\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/baycoast.bank\/personal\/loans\/energy-efficient-loans\/\"><div class=\"moreBtn hide\">Energy Efficiency Loans <span class=\"primaryColor\">+<\/span> <div class=\"backing\"><\/div><\/div><\/a>\n        \t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/baycoast.bank\/personal\/loans\/home-improvement-loans\/\"><div class=\"moreBtn hide\">Home Improvement Loan <span class=\"primaryColor\">+<\/span> <div class=\"backing\"><\/div><\/div><\/a>\n        \t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/baycoast.bank\/personal\/loans\/heat-loan\/\"><div class=\"moreBtn hide\">HEAT Loan <span class=\"primaryColor\">+<\/span> <div class=\"backing\"><\/div><\/div><\/a>\n        \t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/baycoast.bank\/personal\/loans\/auto-loans\/\"><div class=\"moreBtn hide\">Auto Loans <span class=\"primaryColor\">+<\/span> <div class=\"backing\"><\/div><\/div><\/a>\n        \t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/baycoast.bank\/personal\/loans\/mortgage\/\"><div class=\"moreBtn hide\">Mortgage Loans <span class=\"primaryColor\">+<\/span> <div class=\"backing\"><\/div><\/div><\/a>\n        \t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/div> <\/div>","protected":false},"excerpt":{"rendered":"<p>Whether you&#8217;re planning a major home renovation, consolidating debt, or funding a significant purchase, a HELOAN offers a smart and secure way to achieve your financial goals.<\/p>\n","protected":false},"featured_media":12010,"menu_order":8,"template":"","meta":{"_acf_changed":false,"inline_featured_image":false},"class_list":["post-12009","personal","type-personal","status-publish","has-post-thumbnail","hentry","personal_categories-lending"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/baycoast.bank\/wp-content\/uploads\/2024\/07\/Website-Header-TEMPLATE-SIZE-1920x800-1.jpg",1920,800,false],"thumbnail":["https:\/\/baycoast.bank\/wp-content\/uploads\/2024\/07\/Website-Header-TEMPLATE-SIZE-1920x800-1-150x150.jpg",150,150,true],"medium":["https:\/\/baycoast.bank\/wp-content\/uploads\/2024\/07\/Website-Header-TEMPLATE-SIZE-1920x800-1-300x125.jpg",300,125,true],"medium_large":["https:\/\/baycoast.bank\/wp-content\/uploads\/2024\/07\/Website-Header-TEMPLATE-SIZE-1920x800-1-768x320.jpg",768,320,true],"large":["https:\/\/baycoast.bank\/wp-content\/uploads\/2024\/07\/Website-Header-TEMPLATE-SIZE-1920x800-1-1024x427.jpg",1024,427,true],"1536x1536":["https:\/\/baycoast.bank\/wp-content\/uploads\/2024\/07\/Website-Header-TEMPLATE-SIZE-1920x800-1-1536x640.jpg",1536,640,true],"2048x2048":["https:\/\/baycoast.bank\/wp-content\/uploads\/2024\/07\/Website-Header-TEMPLATE-SIZE-1920x800-1.jpg",1920,800,false]},"post_excerpt_stackable_v2":"<p>Whether you&#8217;re planning a major home renovation, consolidating debt, or funding a significant purchase, a HELOAN offers a smart and secure way to achieve your financial goals.<\/p>\n","category_list_v2":"","author_info_v2":{"name":"","url":""},"comments_num_v2":"0 comments","publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/baycoast.bank\/en\/wp-json\/wp\/v2\/personal\/12009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/baycoast.bank\/en\/wp-json\/wp\/v2\/personal"}],"about":[{"href":"https:\/\/baycoast.bank\/en\/wp-json\/wp\/v2\/types\/personal"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/baycoast.bank\/en\/wp-json\/wp\/v2\/media\/12010"}],"wp:attachment":[{"href":"https:\/\/baycoast.bank\/en\/wp-json\/wp\/v2\/media?parent=12009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}