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New York Home Equity Loans
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Home Equity Rates
PRODUCT +/- Rate Last week
30 year fixed Graph Icon Arrow 4.21% 4.19%
15 year fixed Graph Icon Arrow 3.29% 3.24%
5/1 ARM Graph Icon Arrow 3.68% 3.79%
PRODUCT +/- Rate Last week
30K FICO-based HELOC Graph Icon Arrow 4.47% 4.50%
50K FICO-based HELOC Graph Icon Arrow 4.17% 4.19%
100K FICO-based HELOC Graph Icon Arrow 3.91% 3.95%
PRODUCT +/- Rate Last week
60 month used car loan Graph Icon Arrow 2.71% 2.71%
48 month used car loan Graph Icon Arrow 2.95% 2.95%
60 month new car loan Graph Icon Arrow 3.21% 3.21%
PRODUCT +/- Yield Last week
1 Year CD Graph Icon Arrow 0.91% 0.90%
2 Year CD Graph Icon Arrow 1.09% 1.09%
5 Year CD Graph Icon Arrow 1.74% 1.75%
PRODUCT Rate
Balance Transfer Cards 15.68%
Cash Back Cards 16.36%
Low Interest Cards 10.87%

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You can search our directory or Mortage Brokers & Lenders and get a current quote on 30 year fixed mortgage rates as well as current mortgage interest rate for other loan programs.

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New York Home Equity Loans


From bustling Manhattan (10026) to upscale suburban Westchester (10518); homeowners throughout New York are using the equity in their home to finance large projects and initiatives. Local New York lenders are offering competitive rates and terms on traditional second mortgage products such as home equity loans and home equity lines of credit (HELOC).

In terms of traditional home equities in New York; a home equity loan offers a fixed interest rate product, with a pre-determined repayment period. Lenders will typically allow applicants with good to excellent credit to access up to 80% of their home’s loan-to-value. Home equity loans help to finance endeavors such as home improvement, home repair, debt consolidation or auto purchases. The biggest advantage of a home equity loan is that the product acts like a traditional fixed interest rate loan, so the borrower can anticipate monthly payments for a pre-determined term.

Another traditional 2nd mortgage product is the home equity line of credit (HELOC). The difference between a home equity line of credit and a home equity loan is that the HELOC is a variable rate revolving line of credit. The borrower accesses only the money needed to make ongoing payments and repays only the amount drawn against the line. Home equity lines of credit are ideal for perpetual expenses such as college tuition or medical expenses.

New York homeowners may be able to deduct the interest from their home equity if it’s used for home improvement or home repair. The borrower may deduct up to $100,000 of the home equity interest, however it’s best to consult with a tax advisor or accountant before calculating yearly taxes.

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New York Home Equity Loans by County
Albany County Home Equity Loans Herkimer County Home Equity Loans Richmond County Home Equity Loans
Allegany County Home Equity Loans Jefferson County Home Equity Loans Rockland County Home Equity Loans
Bronx County Home Equity Loans Kings County Home Equity Loans Saint Lawrence County Home Equity Loans
Broome County Home Equity Loans Lewis County Home Equity Loans Saratoga County Home Equity Loans
Cattaraugus County Home Equity Loans Livingston County Home Equity Loans Schenectady County Home Equity Loans
Cayuga County Home Equity Loans Madison County Home Equity Loans Schoharie County Home Equity Loans
Chautauqua County Home Equity Loans Monroe County Home Equity Loans Schuyler County Home Equity Loans
Chemung County Home Equity Loans Montgomery County Home Equity Loans Seneca County Home Equity Loans
Chenango County Home Equity Loans Nassau County Home Equity Loans Steuben County Home Equity Loans
Clinton County Home Equity Loans New York County Home Equity Loans Suffolk County Home Equity Loans
Columbia County Home Equity Loans Niagara County Home Equity Loans Sullivan County Home Equity Loans
Cortland County Home Equity Loans Oneida County Home Equity Loans Tioga County Home Equity Loans
Delaware County Home Equity Loans Onondaga County Home Equity Loans Tompkins County Home Equity Loans
Dutchess County Home Equity Loans Ontario County Home Equity Loans Ulster County Home Equity Loans
Erie County Home Equity Loans Orange County Home Equity Loans Warren County Home Equity Loans
Essex County Home Equity Loans Orleans County Home Equity Loans Washington County Home Equity Loans
Franklin County Home Equity Loans Oswego County Home Equity Loans Wayne County Home Equity Loans
Fulton County Home Equity Loans Otsego County Home Equity Loans Westchester County Home Equity Loans
Genesee County Home Equity Loans Putnam County Home Equity Loans Wyoming County Home Equity Loans
Greene County Home Equity Loans Queens County Home Equity Loans Yates County Home Equity Loans
Hamilton County Home Equity Loans Rensselaer County Home Equity Loans