Home equity lines and loans

Home equity lines and loans make sense for expensive projects. Unlock the financial resources of your home's equity. Pay no closing costs or annual fees*. Which type of borrowing is right for you?

Fixed rate home equity loan:

If you know the exact cost of your project, a home equity loan may make the most sense.  A home equity loan could be a solution for home improvement.  You enjoy the comfort of a fixed rate and a fixed monthly payment when you chose the home equity loan.  It's the perfect solution for many financing needs.  Our lending professionals can help.  Call Meg Sarno at 781-682-0203.

*No closing cost feature is based on the tax assessment of the most recent real estate tax bill to determine the amount of equity. Based on loan being held for a minimum of 3 years. If you terminate the note within 3 years, you must repay any closing costs incurred by the Bank.  The 3 year restriction does not apply to FastTrack Home Equity Loans.  Property insurance is required.

Home equity line of credit:   

If you think your project costs will fluctuate or that you will need to borrow on a recurring basis, for example, educational expenses, consider a home equity line of credit.  It's very convenient.  When you need a loan, you simply write a check.  You pay for only the credit you need.  It comes with a variable interest rate, which is always the Prime Rate as published in the Wall Street Journal on the last day of the month.  A home equity line of credit makes sense for expensive projects.  Unlock the financial resources of your home's equity.  Pay no closing costs and no annual fees*.

*No closing cost feature is based on the tax assessment of the most recent real estate tax bill to determine the amount of equity. Property insurance is required.

Personal loans

Vacations, bill/debt consolidation, and other needs can all be met with a personal loan.

Other loans

• Solutions for college financing
• Auto loans
• Overdraft protection
• Mortgages

Why South Shore Co-operative Bank?

Save with Auto Pay

A Relationship Checking account gets you a reduced rate on your South Shore Co-operative Bank personal loan or car loan when you have your monthly payment withdrawn directly from your Relationship Checking account. Your loan automatically qualifies you for our best checking account, Relationship Checking.  Reduced rates do not apply to mortgages or home equity lines and loans.  

Our lending area

We lend in the following Massachusetts counties:

Barnstable County
Bristol County
Dukes County
Essex County
Middlesex County
Nantucket County
Norfolk County
Plymouth County
Suffolk County
Worcester County

 Instant mortgage approval    

Instant mortgage approval. Apply in the top of the second.  Get approved before the third out.  It's faster. It's simpler. It's a mortgage process that's better in every way. And it's only available at South Shore Co-operative Bank. You get instant approval* when you apply online, over the phone, in one of our branches, or at home with the assistance of a mortgage expert.

Buying a home and need a pre-approval letter to make an offer…no problem, just print it out.

Refinancing your mortgage…get an approval instantly. We'll save you time, and we'll also save you money by taking $300 off your closing costs.**

To get your instant mortgage approval today, click here, call Meg Sarno at 781-682-0203, or stop by one of our conveniently located branches.

*Some loans require more information for approval. In that case a member of our mortgage team will contact you.
**Closing cost savings will be deducted at time of your South Shore Co-operative Bank first mortgage closing. Member FDIC. Member SIF. Equal Housing Lender.

Rate line*

Want to know our consumer loan rates? Call Meg Sarno at 781-682-0203.  

* All rates and products are available to persons who work or live in our Lending Area. Rates and products are subject to change without notification.

Work for South Shore Co-operative Bank

We are always looking for talented sales professionals to work in our lending department. Or, check our Current Openings to see what opportunities may be available.