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Home Equity Line with Lock Option (HELLO)

Get a $50 TJX gift card2 at closing when you apply for your home equity line by November 30.z

Apply with offer code HELLO50.

Draw what you need. Lock in your rate. 
Our Home Equity Line with Lock Option allows you to convert any or all of your line of credit from a variable rate to a fixed rate at any time. Make home improvements or repairs, consolidate high-interest debt, pay for school tuition or life events.

  • Low rates and easy payments
  • No closing costs
  • Borrow what you need, when you need it
  • Only pay on what you use
  • Lock any or all of your line to a fixed-rate advance
    • Choose your repayment term for the fixed-rate advance
    • Up to three fixed-rate advances at a time
    • As you pay down your balance, your available credit increases

It's easy to apply!

Call, click, or visit a branch to get started.

Already applied? Click here to check the status of your loan application.

1. Annual Percentage Rate (APR) accurate as of 9/8/21. Rates and terms may change at any time and vary by loan amount. Variable monthly rate of Prime -.25% (Prime Rate as published in The Wall Street Journal preceding the start of each monthly billing period; current prime rate is 3.25%). Minimum APR 3.00%. Maximum APR 16.00%. $10,000 minimum line amount. $50 annual fee waived with automatic payment from a St. Mary’s Bank checking account. Lock option allows up to three fixed-rate amounts in one year and at any one time. Up to 10 fixed-rate amounts over the life of the loan. Minimum fixed rate amount is $1,000. $50 lock fee waived until 12/31/2021, thereafter, first lock fee is waived within one year of loan opening; $50 for each additional. If a line of credit agreement is paid in full and closed within three years of activation, you may be required to reimburse St. Mary’s Bank for any closing costs paid on your behalf, estimated to range between $500 –$1,100. 1–4 family owner-occupied primary residences in New Hampshire only. Combined Loan-to-Value (CLTV) up to 80% for 1–4 family homes and up to 75% CLTV for condos for credit scores of 730 and above and when St. Mary’s Bank holds the 1st mortgage. Up to 75% CLTV for 1–4 family homes and up to 70% CLTV for condos when St. Mary’s Bank does not hold the 1st mortgage. Up to 70% CLTV for 1–4 family homes and up to 65% CLTV for condos for lines greater than $500,000. Not available for homes currently for sale. Property insurance required. Flood insurance may be required. Applications subject to credit approval. Properties held in trust subject to $175 fee. Payoffs to lenders other than St. Mary’s Bank subject to $75 discharge tracking fee.

2. Offer valid only for home equity line applications. Must apply with offer code HELLO50 between September 8, and November 30, 2021, to qualify for a $50 TJX companies gift card (T.J. Maxx, Marshalls, HomeGoods, Homesense, and Sierra stores). Gift card to be issued at loan closing. Offer not valid toward existing St. Mary’s Bank loans. Offer subject to change without notice. T.J.Maxx, Marshalls, HomeGoods, Homesense, and Sierra are not affiliated with St. Mary’s Bank and are not sponsors or co-sponsors with this promotion. Use of T.J.Maxx, Marshalls, HomeGoods, Homesense, and Sierra names, logos, images, or trademarks require written approval from TJX Incentive Sales, Inc.
Participation by T.J.Maxx, Marshalls, HomeGoods, Homesense, and Sierra in the program is not intended as, and shall not constitute, a promotion or marketing of the program by T.J.Maxx, Marshalls, HomeGoods, Homesense, and Sierra, The TJX Companies, Inc, or any of its subsidiaries or affiliates.

To see important details, including additional rates and terms, visit the Consumer Loan Rates Page.