Your home is your castle.

(And your ticket to a nice line of credit.)

Congratulations, you're pre-qualified. Use your Home Equity Line of Credit for everything from repairs and renovations, to tuition and trips of a lifetime. There are no points, application fees or closing costs. Plus you can save .25% by making automatic payments from your People's United Bank checking account2.

Offer expires June 30, 2019 – don't delay.

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Application Fees
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Origination Fees
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Closing Costs

Call 1-855-782-5363

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

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

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

If you have any questions, or would like to learn more. Please call us at 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

† - 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 based on 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.

2 - The .25% percentage points reduction requires automatic deduction from a People's United checking account. Other terms and conditions apply.

*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.

© 2019 People's United Bank, N.A. | Member FDIC | Equal Housing Lender icon Equal Housing Lender