Pay for things you need now, and later.

Enjoy easy access to funds with a competitive Home Equity Line of Credit rate.


Congratulations! You're pre-qualified for a Home Equity Line of Credit from People's United Bank. Now is the perfect time to take advantage of a great rate to consolidate debt, make tuition payments, start those home renovations, or be ready to cover unforeseen expenses.

Offer expires June 30, 2020 – don't delay.

Fast. Flexible. Easy to use and manage.
Forget about high interest rate credit cards when you can take advantage of a Home Equity Line of Credit:

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Cash when you need it

Easily access cash at a low interest rate when you need it.
Transfer money into your checking account or use your
Home Equity checkbook.

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No upfront costs

No application fee, no origination fee
and no closing costs.

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Payment Flexibility

Pay interest only during the
9.5 year withdrawal period.

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Save .25%

Save with automatic payments from your
People's United Bank checking account.*

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People's United Home Equity SelectLock®

Your People's United Home Equity Line of Credit features SelectLock®, a loan option that allows you to lock any or all of your balance at a fixed interest rate with a fixed payment. So now you can have even more peace of mind.†

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Locked in rate

Lock in your interest at a fixed rate on up to three portions of your Home Equity Line of Credit balance.

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Access to funds

Enjoy access to your remaining credit line at a variable interest rate.

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Credit when you need it

Replenish available credit for additional uses if your principal balance is paid down.

Put your home to work for you.

Don't delay - this offer expires June 30, 2020.

Call 1-855-782-5363

You can choose to stop receiving "prescreened" offers of credit from this and other companies by calling toll-free
1-888-567-8688. See Prescreen & Opt-Out Notice below for more information about prescreened offers.

Prescreen & Opt-Out Notice

This "prescreened" offer of credit is based on information in your credit report indicating that you meet certain criteria. This offer is not guaranteed if you do not meet our criteria (including providing acceptable property as collateral). If you do not want to receive prescreened offers of credit from this and other companies, call Equifax toll-free 1-888-567-8688; or write:

  • Equifax Options, PO Box 740123, Atlanta, GA 30374-0123
  • TransUnion, Opt Out Request, PO Box 505, Woodlyn, PA 19094-0505
  • Experian Consumer Opt Out, PO Box 919, Allen, TX 75013

Tax Deductibility
Consult your tax advisor regarding deductibility of interest.

Other Important Information
If you close your Home Equity Credit Line within two (2) years after the date of your Home Equity Line of Credit Note, you must pay a prepayment fee of $500. Also, if the Home Equity Credit Line is secured by property located in the state of New York, borrowers must also pay People's United Bank back the mortgage tax paid by the bank at the time of the origination of the Note.

†The SelectLock Loan is a feature of the Home Equity Line of Credit that may allow you to convert any or all of your variable rate principal balance to a fixed rate and fixed payment. The minimum balance that can be converted is $10,000. The APR for each SelectLock Loan is fixed and determined at the time you elect this option based on the then comparable fixed interest rate home equity loans for the principal amount and term you request. Each SelectLock Loan advance is considered a separate loan with a separate payment and term of repayment and remains in effect until paid in full. A $50 fee is charged whenever you exercise a SelectLock Loan option. You may not have more than three (3) outstanding SelectLock Loan balances at any one time. You may not exercise the SelectLock Loan option after the draw period ends.

© 2020 People's United Bank, N.A. | Member FDIC | Equal Housing Lender icon Equal Housing Lender