Senior Choice Home Equity

Have you made a lifetime of memories while paying for your home?

With Amboy Bank's Senior Choice Home Equity get the money you need to meet important expenses while staying in your home. It's a great option for those who own their home and are 62 years of age or older. 

Do your taxes keep going up? Do you want to make important updates to your home? Or, 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.

Amboy's Senior Choice Home Equity is a line of credit that lets you write checks for the things you want. Plus, if you are worried about rising rates you can choose to fix the rate on a portion of your loan with just a phone call. All without having required monthly payments.

As a community bank we take the time to listen to our clients and discuss your needs. The result is a proprietary reverse mortgage with no closing costs, lower rates and no required monthly payments. Better yet, we keep our loans. So not only do you work with a local person to apply, but if you have questions about your loan we are able to help.

Get Started now to learn how a Senior Choice Home Equity or one of our other In-Retirement Loans can work for you.

You're in Control
Set up a line of credit up to $50,000 and write a check when you need to access it. Plus, fix your rate on outstanding balances with a phone call.
No Mortgage Payments Required
You make payments if and when you want, or wait until you leave your home.
No Closing Costs
We waive the origination, appraisal, and title fees. Plus, there are generally no credit score or income requirements.
Couple on couch considering In-Retirement Loans

Not Sure Which In-Retirement Loan is Right for You?

Amboy Bank offers a variety of In-Retirement Home Equity Loans, and we know it can be difficult to sort out all the details. Learn more below, or contact us and let our experts guide you!

Want to Learn More?

Watch our video!