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Turn your home's equity into opportunity 

with HELOC rates as low as 6.75% APR^*

No closing costs, application or origination fees.^*

Are you looking to make your kitchen more functional? or does your bathroom need a new look? Using the equity in your home can be a great way to take this idea from a thought to a reality.

If you're a homeowner, paying for college with your home's equity can be a great option! Give one of our local lending experts a call to see if this option may fit your needs.

Build that ManCave or She Shed you've always been wanting! Most people don't realize that you can use a Home Equity Line of Credit to make additions and renovations to your home.

This material is for informational and educational purposes only and should not be considered legal, tax, or investment advice.

Tapping into your home’s equity can be a smart way to access the funds you need. But what’s the right option for you—a Home Equity Line of Credit (HELOC) or a Home Equity Loan? Explore the key differences in our blog: HELOC vs. Home Equity Loan: Understanding the Key Differences, or get started today!

“Jessie was extremely patient, knowledgeable, responsive and friendly. I really enjoyed working with her.”

“Amanda was great to work with. She kept me informed at every step and explained things clearly.”

"I had the BEST experience ever with the entire loan process. I am so happy and satisfied with the service I received from everyone!"

- Patrick, Skowhegan Savings Customer

– Cherylann, Skowhegan Savings Customer

- Noelle, Skowhegan Savings Customer

© 2025 Skowhegan Savings | Member FDIC l Equal Housing Lender

Routing Number: 211274476

NMLS 499932

Disclosures & Privacy Policy

*No closing costs unless appraisal, title search by attorney or survey required. Must be an Integrity Plus Customer with Skowhegan Savings. Maximum loan-to-value is 85% on a 1-4 family, owner-occupied residence. APR rates based on a minimum draw of $10,000 of new money and borrower credit score of 740 or above. Introductory rate of 6.75% APR will remain fixed for 2 years after the date of closing and then convert to a variable rate based on the Wall Street Prime rate plus margin at that time. This rate will be subject to change but will not be lower than 7.50% APR or higher than 18% APR. Usual closing costs range from $0 to $810. All loans subject to credit approval. Other restrictions may apply.