Home Equity Line of Credit

​Put the equity in your home to work for you.

Using the equity in your home can be a smart option and an extra source of credit to help you better manage and organize your finances. With a Home Equity Line of Credit (HELOC) from PCSB Bank, you can borrow against the available equity in your New York, Connecticut or New Jersey home to help secure funds for making home improvements, building a new addition, remodeling or simply using the funds to pay off debt, like college expenses and more.

To complete an application online for a Home Equity Line of Credit, click the Apply Now button.  

Apply Now

Benefits of a PCSB Bank HELOC

By securing a Home Equity Line of Credit, you can draw on the funds whenever you need them. Here are a few of the many benefits you’ll receive:
  • No application fees and no closing costs*
  • Receive a 0.25% discount on the APR with automatic payments from a PCSB Bank checking or savings account
  • Revolving line of credit that uses the available equity in your home
  • 20-year draw followed by a 20-year repayment period
  • Flexibility to repay either a monthly interest-only minimum or any principal amount above the interest-only requirement
  • Interest may be tax deductible (please consult your tax advisor)**
  • Home equity interest rates can be significantly lower than personal loans
View HELOC Rate Information to Learn More

Submit your application online in minutes via the Apply Now button on this page.

You can also Contact Us, call us at 888-808-4700 or visit a Lower Hudson Valley, NY branch conveniently located throughout Westchester, Putnam, Dutchess and Rockland Counties.

*No closing costs except for properties held in a trust. Typical fees to open a HELOC when the property is held in trust are approximately $175 per trust. Additional fees may apply for Power of Attorney. Offer is subject to change without notice. Credit approval is required. Terms and conditions are for owner-occupied properties. Other terms and conditions or restrictions may apply. For more information, please contact a bank representative or see the Important Terms disclosure.

** Consult a tax advisor for further information regarding the deductibility of interest and charges.

5.00% APY Rate Special
7 Month CD 

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