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Home Equity Lines and Loans

Home Equity Lines and Loans

Whether you want to pay for home improvements, consolidate debt, or buy a new car, Metro has many home equity options to suit your needs.

Flex Home Equity Line of Credit

  • Prime minus 0.50% for life - currently 2.75% APR*
  • Our Flex Line allows you to convert all or any portion of your balance to a fixed rate loan 
  • Interest only payments during the 10 year draw period
  • Line amounts from $25,000 to $500,000

For more information, please call 877-628-5626.

*Annual Percentage Rate 2.75% is 0.50% below prime and is a variable rate based on the prime rate as published in the Wall Street Journal. Prime as of 2/28/15 is 3.25%. Maximum APR is 18%. Minimum APR 2.75%.
¹See additional disclosures below.

Flex Home Equity Line of Credit Disclosure

Fixed Home Equity Loan

  • Borrow a lump sum for a specific purpose
  • Lock in a low rate for the life of the loan
  • Fixed monthly payments  for easier budgeting
  • Minimum loan amount of $35,000

View rates

Home Equity Lines & Loans: 
¹Loan to value not to exceed 80% or 75% for condos.  LTV may be reduced based on creditworthiness.  Available on 1-4 family primary residences in MA or southern NH.  Property insurance required. $135 to $525 fee if appraisal is required. $140 review fee if property is in a trust. NMLS# 198524.

Home Equity Lines of Credit. Early termination fee of $500 applies for lines closed within first 36 months, not to exceed 2% of original loan limit.