Because individual situations differ, please consult your tax advisor regarding the deductibility of interest. Not available on cooperatives. The purchase of private mortgage insurance is required. Please see below for prepayment penalty Rates are subject to change without notice. The Home Equity loan is not a revolving line of credit, but a term loan, which will result in a mortgage on the home.
Property insurance is required.
Flood insurance may be required. Because individual situations differ, please consult your tax advisor regarding the deductibility of interest. Not available on cooperatives. Available for owner-occupied, primary Connecticut residences only Please see below for prepayment penalty Rates are subject to change without notice. The People's Bank Tax Saver Loan is not a revolving line of credit, but a five or six year term loan, which will result in a mortgage on the home.