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Home Loan Solutions

Looking for a flexible loan for your home? Need to consolidate debt, purchase a new car, or fund college tuition? Our experienced banking professionals will assist you in selecting the home equity product that is right for you.

For additional information, please contact your local branch office or call 888-868-3858.

Visit Mortgage Center*

*Our mortgage loan applications are collected by Finastra, a trusted business partner.
By proceeding, you will be directed to Finastra’s mortgage web center.

 

Peoples SelectLOC logo 

HOME EQUITY LINE OF CREDIT

Take advantage of our promotional rate as low as

1.99% APR(2,3) 6-month Fixed Rate
6.25% APR(2,4) Variable Rate Thereafter

Apply Now*

Peoples SelectLOCTM offers advantages that some other banks don't.

  • Flexible Terms and Rates
  • Up to Three Fixed Rate Equity Loans
  • Interest Only Options Available
  • Borrowing Base Increases with Each Payment
  • Borrow Up To 80% of Home Value
  • No Hassle Application Processing

Peoples SelectLOCTM provides ongoing access to funding for a variety of needs. It helps when you don’t know the exact cost of a major project, or when you’ll have multiple expenses over time, by offering the flexibility and convenience of borrowing under an approved credit limit without the need to reapply for a new loan. Access up to 80% of your home's equity and pay interest only or principal & interest on the funds you borrow. This product combines the convenience of a variable rate line of credit with the flexibility to lock-in up to three simultaneous fixed rate loans.

For additional information, fill out the Contact Us form below, contact your local branch office, or call 888-868-3858

 

*Our mortgage loan applications are collected by Finastra, a trusted business partner. By proceeding, you will be directed to Finastra’s mortgage web center.

(1) Peoples Security Select LOC™ is an interest only or principal & interest monthly, variable rate home equity line of credit which allows up to three fixed rate and payment balance conversion options at any one time during the draw period. Available to borrowers with a 1-4 family owner-occupied primary residence who may borrow up to 80% of their home’s value. A Peoples Security Bank & Trust checking account with autodraft of monthly payment is required. Other rates and terms are available. The line has a maximum draw period of 10 years with non-converted balances at the end of the period converting to a 20-year variable APR repayment term. Conversion Option: During the draw period, the line allows the borrower selected balances to be locked in for short term periods. There is a $75 per lock in conversion fee. Payments to the variable line and converted balance portions reducing principal will allow the line of credit availability to increase up to the maximum amount granted. Fees to open this line of credit generally range between $0 and $950 in Pennsylvania and $0 and $3,500 in New York and $0 and $1,050 in New Jersey. Homeowners insurance is required. Flood insurance may be required as necessary. APR may not exceed 18.00% (PA) and 16.00% (NY), (NJ) with a floor of 2.99%. Maximum loan amount $300,000. (2) All loans subject to credit and collateral approval. This offer is effective 9/22/22 and may be discontinued at any time without notice. (3) The initial Annual Percentage Rate (APR) of 1.99% fixed for a period of six months will apply from date of origination when a minimum $10,000 advance is taken on date of origination. The 1.99% promotional APR only applies to unconverted balances. (4) Following the promo rate period, the Annual Percentage Rate (APR) will vary based upon Prime Rate as published in the Wall Street Journal, currently 6.25%, effective 9/22/22. Note: the product has a floor of 2.99%.

Peoples Security Bank logo 

HOME EQUITY LOAN(1)

Lock-in at a Fixed Rate as low as

4.74% APR(1) with a 10-Year Term

Apply Now*

PSBT Home Equity Loans offer advantages other banks don't.

  • Low Fixed Interest Rate
  • 10-Year Repayment Period
  • Borrow Up To 80% of Home Value
  • Minimal Fees

Home Equity Term Loans may be a good idea if you have a specific project or purpose in mind, and know the exact amount you’ll need and don’t plan to borrow more in the near future. Tap into your home's equity to consolidate existing debt, finance a major purchase or fund a family vacation. Home Equity loans enable you to pay for large expenses by borrowing the available equity in your home, up to 80% of the appraised value, less any existing mortgages or liens.

Monthly Payment Calculator*

For additional information, fill out the Contact Us form below, contact your local branch office, or call 888-868-3858

 

*Our mortgage loan applications are collected by Finastra, a trusted business partner. By proceeding, you will be directed to Finastra’s mortgage web center.

(1) This offer is available to borrowers for an owner-occupied 1-4 family residence with loan to value ratios up to 80%. Other rates and terms are available. This offer is effective 7/28/22 and may be modified or discontinued without any notice. This offer is subject to credit approval and is for new money only. An example of the monthly payment would be $10.51 per $1,000 borrowed. Rate offered is with autodraft of payment from a Peoples Security Bank checking account. Rate offered without autodraft of payment from a Peoples Security Bank checking account is 5.24% APR. An example of the monthly payment would be $10.76 per $1,000 borrowed. All loans subject to credit and collateral approval. 

 

Servicemembers Civil Relief Act Disclosure

 

Apply Today

Look to our lending professionals to assist you in determining what type of loan is best for you. Please contact one of our Mortgage Loan Officers at 888-868-3858, or use the link below to apply online today!

Apply Now*

*Our mortgage loan applications are collected by Finastra, a trusted business partner.
By proceeding, you will be directed to Finastra’s mortgage web center.

 

Contact us. We're here to help.

Our lending professionals will take the guess work out of determining what type of loan is best for your financial needs. Fill out the form below and a Mortgage Loan Officer will contact you as soon as possible. You can also call a Mortgage Loan Officer at 888-868-3858.

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