• Need to make a major purchase or consolidate debts but have limited equity in your home? The Custom Loan may be the option you need.
• Borrow up to 110% of you home's value (less your first mortgage balance).
• First Niagara Bank's Custom Loan was developed for applicants with a very good credit history and little or no equity.
• The minimum loan is $7,500 and the maximum loan is $20,000.
• Terms up to 7 years.
• Your primary residence secures the loan. The interest may be tax deductible (consult your tax advisor).
• If the purpose is debt consolidation, you cannot have more than $5,000 outstanding in credit cards or other lines of credit after the loan proceeds are disbursed.
• Other requirements may apply.
• Quick approval.

Please Note:
The Bank will consider consumer loan requests from all applicants with a United States citizenship who either reside or work in the Bank's designated lending area. This area consists of Albany, Broome, Cattaraugus, Cayuga, Chautauqua, Chemung, Chenango, Columbia, Cortland, Delaware, Dutchess, Erie, Essex, Fulton, Genesee, Greene, Hamilton, Herkimer, Lewis, Livingston, Madison, Monroe, Montgomery, Niagara, Oneida, Onondaga, Ontario, Orange, Orleans, Ostego, Oswego, Putnam, Rensselaer, Saratoga, Schenectady, Schoharie, Schuyler, Seneca, Steuben, Tioga, Tompkins, Ulster, Warren, Washington, Wayne, Wyoming and Yates counties in New York State.