A Loan for All of Your Needs

Put your home’s equity to work for you while enjoying the ultimate flexibility. This line of credit will grant you access to funds when you need them most. Using the same line of credit, you can lock in up to three fixed-rate loans. Enjoy a great introductory rate for the first 12 months and loan approval in as little as a week!

1.74% APR*

Introductory rate for the first 12 months

3.25% APR*

After the first 12 months

Apply Online Now!

It's quick and easy to apply online for a home equity loan.

You Deserve More!

PeoplesBank is one of the best community banks in Pennsylvania and Maryland — especially when it comes to home equity loans. When you partner with us for your loan, you’ll benefit from a great home equity loan rate.

The advantages of working with PeoplesBank for your home equity loan include:

  • No maturity date – use your home equity loan when you need it
  • Unlimited ability to lock in a fixed rate
  • No fee to lock in a fixed rate on equity loans
  • Quick turnaround time – typically fewer than 10 business days to close

Sometimes you need a little extra cash to reach your goals and dreams. Maybe you’re just shy of the amount you require to take your dream vacation, or perhaps you’re short on the necessary funds to pursue a once-in-a-lifetime investment opportunity. Whatever the situation, there’s a good chance you can get the money you need by taking advantage of an asset you already own: your home.

A home equity loan will allow you to borrow money against the equity you have in your home. Essentially, the equity is the value of your home minus any liens attached to it. Your home is the collateral for the loan, and the money you borrow is yours to use however you need. You can use a home equity loan to fund your major financial goals, set up a safety net for the future or pay off debt like medical bills and loans from college.

PeoplesBank is your trusted partner for home equity loans in Pennsylvania and Maryland. We’re here to help you understand all the benefits and risks associated with a home equity loan or line of credit.


Use Your Home’s Equity To:

  • Make home improvements: If you’re taking on a remodeling project, a home equity loan is a smart way to get the funds you need and invest them right back into your property.
  • Book a dream vacation: Vacations and other large, one-time expenses can be tough to cover with savings alone. With a home equity loan, you can stick to a fixed amount while treating yourself to a dream getaway.
  • Pay college tuition: Sometimes student loans aren’t enough or aren’t an option at all. A home equity loan will let you borrow the money you need for a fixed rate.
  • Pay off debt with your HELOC funds: A HELOC, or home equity line of credit, will let you use your home as collateral with competitive interest rates. This line of credit offers a perfect opportunity for you to pay off outstanding debts.
  • Prepare for retirement: When you bought your home, you made an investment in your future. A home equity loan will let you do it again.
  • Help a family member: You can’t always prepare for everything. If a family member is struggling with an unexpected expense, a home equity loan can give you the opportunity to lend them a hand.
  • Have emergency funds on hand: A home equity loan can give you a financial cushion to fall back on when things get tough.
  • Pursue a new investment opportunity: With the right investments, you can keep growing your net worth.

Ready to Get Started? Apply for an Online Home Equity Loan Today

Instead of putting off your dreams, why not use your home’s equity to make them into a reality? When you’re ready to get a quick home equity loan, PeoplesBank will be here to help. Apply today using our convenient online form.

Apply Online Now!

It's quick and easy to apply online for a home equity loan.
*Introductory rate of 1.74% APR (Annual Percentage Rate) applies to the first 12 months of the loan. Following the introductory period, the rate is variable and is based on the Wall Street Journal Prime Rate plus 50 basis points. This offer does not apply to existing PeoplesBank Home Equity Lines of Credit. To qualify for the discounted variable rate of 3.25% APR following the introductory period, automatic payments from and direct deposits into a PeoplesBank checking account are required. The advertised discounted variable rate of 3.25% APR is accurate as of January 12, 2021. Maximum APR is 18%. The APR can increase if automatic payments from and direct deposits into a PeoplesBank checking accounts cease. Rates are subject to change without notice. Minimum loan amount is $5,000. Property insurance is required. Flood insurance may be required. Title insurance is required for loans over $250,000. A recording fee or recordation tax and lien search fee will be assessed and the amount will vary based on the property location. Other terms and conditions may apply. Offer is subject to credit approval. Consult a tax advisor regarding the deductibility of interest.