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Albion Banking Center

53 E State St
Albion, PA 16401
Phone: (814) 756-4138

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Albion Banking Center

Andover Banking Center

19 Public Square
PO Box 1300
Andover, OH 44003
Phone: (440) 293-7605

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Andover Banking Center

Ashtabula Harbor Banking Center

1630 West 19th Street
Ashtabula, OH 44004
Phone: (440) 964-8999

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Ashtabula Harbor Banking Center

Austinburg Banking Center

1853 Route 45
PO Box 273
Austinburg, OH 44010
Phone: (440) 275-3333

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Austinburg Banking Center

Conneaut Banking Center

339 State Street
Conneaut, OH 44030
Phone: (440) 593-6595

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Conneaut Banking Center

Andover Bank Corporate Headquarters

600 East Main Street
PO Box 1300
Andover, OH 44003
Phone: (440) 293-7256

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Andover Bank Corporate Headquarters

Edinboro Banking Center

212 Plum St
Edinboro, PA 16412
Phone: (814) 734-1655

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Edinboro Banking Center

Geneva Banking Center

665 South Broadway
Geneva, OH 44041
Phone: (440) 466-3040

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Geneva Banking Center

Jefferson Banking Center

150 North Chestnut Street
Jefferson, OH 44047
Phone: (440) 576-2265

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Jefferson Banking Center

Madison Banking Center

6611 North Ridge Road
Madison, OH 44057
Phone: (440) 417-0200

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Madison Banking Center

Millcreek Banking Center

2420 Zimmerly Rd
Erie, PA 16506
Phone: (814) 833-4550

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Millcreek Banking Center

Stow Loan Production Office

3924 Clock Pointe Trail, Ste. 101
Stow, OH 44224
Phone: (844) 259-5473

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Stow Loan Production Office

Home Equity Line of Credit | Andover Bank

Dream Big

With a Home Equity Line of Credit from Andover Bank.

Home improvements. Tuition. Major purchases. Vacation. Debt consolidation. A Home Equity Line of Credit (HELOC) from Andover Bank can make them happen. Use your home's equity for whatever plans you have on the horizon. The possibilities are endless.

A HELOC is:

  • Flexible - borrow what you need, when you need it at any time during the draw period (typically 5 years)
  • Convenient - access your line through Online Banking, over the phone, or by checks
  • Affordable - interest is only charged on the outstanding line balance
  • Right now, we'll even pay your closing costs!*

heloc icon graphic

Home Equity Line of Credit
4.99% APR* 3-Month Intro Rate
8.00% APR* Variable Rate Thereafter

Apply online or in person

Accomplish your goals today. Our dedicated Lending Team is here to guide you to make the best borrowing decision for your unique situation.

Apply Now Contact the Lending Team Calculate Your Payment

Need more information?

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  • *By manually entering this information it proves that you are not an automated robot or this is a spam form submission.

*Annual Percentage Rates (APR) and interest rates include a preferred rate reduction of 0.25% for automatic payments from an Andover Bank checking product and are accurate as of 4/11/2024. Maximum 80% loan to value. All payments exclude taxes and insurance thus your payment will be greater than disclosed. Flood insurance may be required. Subject to credit approval with credit score of 740 or above. Not all applicants will qualify for advertised APR. Bank paid closing costs include drive-by appraisal fee, flood zone determination, tax service fee, limited lien search and government recording charges. Costs for optional services and interest due at closing are not included. If this loan is paid off within the first 36 months, you agree to reimburse Andover Bank the third-party origination fees the bank paid on your behalf, up to $500. Limited time offer. 1st or 2nd lien position on an owner-occupied primary residence. Minimum new loan amount of $20,000, maximum of $300,000. After the Introductory Period, the variable rate of the Line of Credit (LOC) will adjust monthly to The Wall Street Journal US Prime Rate minus a margin of .25%. Minimum APR of 3.00% after the introductory period, maximum APR of 18.00%. 15-year loan with a five-year draw period and ten-year repayment period. Minimum draw amount of $100. Repayment period with monthly payments of 2% of the outstanding balance. Making only minimum payments may result in a final balloon payment due. No closing costs. $50 annual fee, waived the first year.