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FRAUD ALERT: Please be aware of a widespread phishing scam and keep in mind that Gorham Savings Bank will NEVER ask you for your personal information, such as your pin, security code or password. Before responding to a text or email, stop and think using the “10 and 2” rule: wait 10 minutes and talk to at least 2 people. If you suspect fraud, please contact Customer Service.

Browse our Security Center for tools and resources to protect your privacy and personal financial information. Find online banking security tips along with information on common scams. If you are ever in doubt, call us directly at (207) 839-4796.

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Home Equity Line of Credit

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We know how much your home matters to you. With premium rates and no application fees or closing costs*, a Home Equity Line of Credit (HELOC) is a smart way to tap into the value of your home. Rates and terms for primary residences, second homes and seasonal properties.

  • No application fee
  • No closing costs*
  • Up to 80% loan to value (LTV)
  • Flexible fixed-rate conversion options
Apply Now OnlineView Rates
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Sometimes the loan process can feel like a lot. We get it. And we’re here to help! Our lenders can walk through all of the options with you.

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Team Banking
At GSB, every employee is trained to help every customer find what they need. Every time you come to GSB, you know we're working to give you the best service.
The GSB Difference
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Technology
We love anything that helps us give you a better banking experience. From online banking and our mobile app to ATMs, video tellers and branch services, we keep our tech top-notch.
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LET’S GET STARTED

Complete this form and a member of our lending team will contact you. Prefer the phone? Give us a call at (207) 839-4796.

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Home Equity Line of Credit Terms and Conditions
  • *No closing costs, but property and hazard insurance required, plus flood insurance if applicable. Excludes expenses for unusual or extraordinary property appraisals or title issues, generally totaling between $0.00 and $375.00. Minimum credit line $10,000. Penalty for early termination. Other restrictions may apply. Offer of credit is subject to approval. Rates are subject to change without notice.