Home Equity Loans
Whether you want to build an addition, renovate your kitchen, add a pool, take the vacation of a lifetime, or simply consolidate debt, a home equity loan allows you to use your home’s value to meet your financial goals. Choose from a Fixed Rate Home Equity Loan or a Home Equity Line of Credit to give you easy access to the funds you need, when you need them. Our simple, straightforward online application makes it easy for you to begin the process, and our lending team is dedicated to assisting you throughout settlement. Ocean City Home Bank continues to offer local service, answering questions and offering help throughout the term of your loan.
Processing fee of $50 for primary/secondary residence. $150 processing fee for investment properties.
Processing fee of $50 for primary/secondary residence. $150 processing fee for investment properties. You also must pay certain fees to third parties. These fees generally total between $0 and $2,500. If you ask, we will give you a list of the fees you will have to pay to third parties.
**Minimum Interest Rate or Floor of 4.50%