$300 New Checking Account Special

$300 New Checking Account Special$300 New Checking Account Special
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Hello, HELOC!

Now is the perfect time to tap into your home’s equity and unlock flexible borrowing with exciting perks! Whether you're planning a renovation, buying a new vehicle or boat, or covering an unexpected expense, a Home Equity Line of Credit (HELOC) from North Shore Bank gives you the financial freedom you need—plus 25% cash back on your interest with our limited-time offer.Apply Online

Flexibility When You Need It

Our HELOC products also offer a range of flexible options for how pay down your balance. Like a credit card but without all the additional hidden fees, HELOC customers can choose to make the minimum payment, set a regular payment amount that fits their budget, or pay the balance in full.

You can always make interest-only payments, too. While this helps keep your monthly expenses lower and cash flow higher, it’s important to keep in mind paying interest only will leave you a balance when your HELOC term ends. Our knowledgeable bankers at your nearby branch are always happy to help customers determine whether it makes sense to convert some or all of an existing HELOC to a fixed rate loan through what is commonly referred to as a conversion loan.

GET 25% BACK ON
YOUR HELOC INTEREST

New Home Equity Lines of Credit will receive a 25% rebate
on interest paid through April 30, 2026.

 

Why Choose a Home Equity Line of Credit?

Cash in on the hard-earned equity in your home to finance your next adventure.
  • Keep Your Low Mortgage Rate: No need to refinance
  • Flexible Access to Funds: Borrow what you need, when you need it
  • Low, Manageable Payments: Budget-friendly repayment options
  • Boost Your Home’s Value: Fund upgrades or improvements

What are the Benefits of a HELOC?

Getting Started is Easy

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This 25% rebate offer is valid on new qualifying Home Equity Line of Credit applications of $6,500 or greater received 3/1/2025-5/31/2025 that close by 6/30/2025. Qualifying customers will receive a rebate check for 25% of the interest paid from the date of account opening through 12/31/2025 and again for 25% of the interest paid from 1/1/2026 through 4/30/2026. Rebate checks will be mailed by 2/28/2026 and 6/30/2026 respectively and will be reported on year-end tax forms. HELOC must be open and in good standing to qualify for rebate. Minimum check rebate of $5 applies. The HELOC is a variable rate loan. Rates are subject to change daily. Your HELOC rate may vary based on the amount of your credit limit and whether your monthly HELOC payments are automatically debited from a North Shore Bank checking account. Paying the minimum interest-only monthly payments will not repay the principal that is outstanding on your line and you will be required to pay the entire outstanding balance in a single payment (balloon payment) at the end of the initial HELOC rates vary from Prime-.26% to Prime +.50% based on credit limit. On 2/26/2025, Prime was 7.50% Annual Percentage Rate (APR). The Bank’s HELOC loan has a ceiling rate (maximum) of 19.90% APR and a floor rate (minimum) of 4.00% APR. The Loan to Value (LTV) may not exceed 80%. Closing costs may be waived if no appraisal, title, or other outside services are required and HELOC amount does not exceed $100,000. Property insurance is required; flood and/or title insurance required if applicable on property. Product available on qualified owner occupied properties in Bank lending area. Subject to Bank credit qualifications, current property value and loan approval. Consult tax advisor regarding interest tax deductibility. Subject to credit approval. Other loan restrictions may apply. This special offer is not valid with any other offers. Member FDIC. Equal Housing Lender.