Call 800.942.6269

Other Solutions:


"We have cash available without using our savings."

Borrow up to $50,000 for a low cost

Email us the following information

1) Home value

2) Outstanding mortgage

3) Age of youngest borrower

Rethinking Home Equity Loans

Maybe you don’t want to tap into your savings just yet. Maybe you want to be prepared for unexpected home repairs, new medical bills, or emergencies.  Or, maybe you just want to do something that makes you happy.  Well, Amboy has a surprising solution to help!

Amboy’s Home Equity Retirement Option (HERO).  You use the equity in your home to set up a line of credit up to $50,000.

Use as you want.You simply write a HERO check when you want. Have cash available while preserving your savings ... leaving you in control of your money.

No monthly payments. There are no monthly payments until you decide to leave your home . If you need extra funds you don't have to upset your current budget. If you wish, you can make repayments at your own pace.


Easy to qualify. If you're 62 or older, live in your home and have sufficient equity, qualifying is easy. Plus, there are generally no income or credit score requirements.

Why choose Amboy Bank?

As a community bank, Amboy is concerned with all of our retirees and their financial needs. We take the time to listen to our clients and discuss their best options. For homeowners 62 or older, we have developed unique home equity retirement loans. Our loans are intended to help you maintain independence as you face life's complexities.

Learn More

  Ask: Complete the application for your FREE HERO Analysis
  Call: 800.942.6269
  Visit: or any branch
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