Home Equity Loans & Lines

Turn your timely mortgage payments into something useful for you. At Solvay Bank, we'll help you transition the equity you've built within your home into affordable financing for a wide range of other needs.

We offer both home equity loans and lines of credit — beneficial for different financing needs. What is universal: the competitive rates and flexible repayment terms you'll receive on both. And because you need money today, not tomorrow, we handle everything locally in Central New York.


Home Equity Loan
  • Competitive rates
  • The equity in your home is used to secure other financing:
  • Home improvements/renovations
  • Education expenses
  • Auto purchases/repairs
  • Debt consolidation
  • And more!
  • A wide range of accommodating repayment terms available
  • The interest paid may be tax deductible*
  • Local, Central New York decision-making and processing
  • Customized personal service
  • Easily access loan balance, info, and payments through online banking
  • Special loan discounts:
  • An additional 1/4% (0.25%) rate discount may be possible home equity loans and home equity lines of credit with a Solvay Bank Direct Rewards Checking account

Check out our current interest rates.

*Consult a tax advisor.

Home Equity Lines of Credit (HELOC)

Meet needs as soon as they arise with the help of a HELOC from Solvay Bank. Once established, your credit line can be withdrawn at any time without the hassle applying for another installation.


  • Competitive rates
  • The equity in your home is used to secure financing for other ongoing or seasonal needs:
  • Home improvements/renovations
  • Personal expenses
  • Family vacations
  • Medical expenses
  • Debt consolidation
  • And more!
  • A wide range of accommodating repayment terms available
  • Only pay interest on the part that's used
  • The interest paid may be tax deductible*
  • Funds reusable at anytime, without applying for another installation
  • Local, Central New York decision-making and processing
  • Customized personal service
  • Easily access loan balance, info, and payments through online banking
  • Special loan discounts:
  • An additional 1/4% (0.25%) rate discount may be possible home equity loans and home equity lines of credit with a Solvay Bank Direct Rewards Checking account

Check out our current rates.

*Consult a tax advisor.