Home Equity Loans at South Shore Savings Bank

Go Ahead...Make those dreams come true!

If you're a homeowner, you can use the equity you have built up in your home to secure possibly the lowest rate financing available. And whether you select a variable-rate Home Equity Line of Credit or a fixed-rate Home Equity Loan, the interest may be tax-deductible (check with your tax advisor).

Home Equity Line of Credit

• New car
• College tuition
• Your child's wedding
• Home Improvements

It makes borrowing as easy as writing a check. Best of all, you pay nothing for your home equity line until you use it!  Apply now or check out today’s rates. 

We have a special introductory rate on Home Equity Lines of Credit: 3.25% APR* for 18 months! After that, the rate goes to Prime minus .50% for life with a floor of 4.99% with auto deduction from an SSSB checking account**. Click here to apply!

Home Equity Loan

Have questions?  You can call one of our Loan Officers at 781-682-3220 or email our Customer Information Center at CIC@sssb.com.

*Rates as of February 27, 2010 and subject to change without notice. **Annual Percentage Rate (APR) of 3.25% is fixed for the first eighteen months; thereafter variable APR becomes adjustable monthly to The Wall Street Journal Prime Rate (WSJ) minus .50% with automatic deduction from an SSSB checking account, with a floor of 4.99%. If you do not have auto deduction from an SSSB checking account, after eighteen months, the rate will adjust to The Wall Street Journal Prime Rate minus .25%, with a floor of 4.99%. Rate is subject to change after consummation. Maximum APR 18%. No annual fee. 1 - 4 family owner occupied properties only. Property insurance is required. Flood insurance may be required. Minimum loan amount $10,000. An appraisal fee may apply. Consult a tax advisor about the deductibility of interest. This rate is for new loans only. Certain restrictions apply. Early termination fee may apply.