Let us help you buy your dream home with a fixed rate mortgage. Bank of Luxemburg offers fixed rate mortgages with maturities ranging from 10 to 30 years at a competitive rates.
The construction loan program from Bank of Luxemburg offers a short-term, interest-only loan designed for acquiring and building your primary residence or second home. While a 6-month construction term is typical, our skilled mortgage consultants will collaborate with you to determine the optimal duration. Upon completion of the construction phase, a new loan application is required for the final financing.
A Home Equity Line of Credit or HELOC is a revolving line of credit secured by your home. With a HELOC, you are borrowing against the equity you have in your home. With Bank of Luxemburg's HELOC, you pay a variable rate of interest on the amount you have borrowed. You may pay the principal back at anytime throughout the life of the loan and re-borrow again if needed. The loan term is for 10 years and must be repaid at that time.