Home Equity Loan 1st Lien Position

Best for those who want a fixed home loan and who don't have a mortgage with another lender.
  • A Home Equity Loan 1st Lien position needs to be the 1st lien position only!
  • No fees or closing costs on loans up to $250,000.
  • Home Equity Loans greater than $250,000 are subject to pay full closing cost 
  • Terms up to 30 years are available.
  • Tax deductions available (consult your tax advisor).
  • Debt Protection Coverage available.
  • Full closing costs must be paid back if the loan is closed and satisfied within 36 months of opening.

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ProductBethpage Annual Percentage Rate (APR)*LI Regional Bank Average APRWe are lower than the banks by:
HOME EQUITY LOAN FIRST LIEN3.38%5.78%71%

^Data is supplied by Datatrac Inc. as of 10/21/2014.

Data supplied by Datatrac. Rate shown is the average rate for the 10 largest banks in the Long Island, New York area for A+ credit, 20% loan to value for new customers without any other relationship to the bank. Actual rates may be different. 

*APR = Annual Percentage Rate. Rate shown is the standard rate for Bethpage members based on maximum LTV of 60% and 60-month term. A preferred credit rating and requires payment by automatic withdrawal from a Bethpage account. See bottom of page for more information.

PLEASE NOTE: All calculations received by using the calculator tools on this page are estimates only. Please contact your loan advisor, tax advisor or a branch representative to determine all final payments or savings.

Your homes equity is an excellent way to help you afford the big things, home improvements, family vacations, college education. Find out the difference between a Loan and a Line of Credit and what one is the better choice for you!

Visit the Advice and Planning, Home Center, to learn more...