Turn your home’s equity into opportunity
Put your home to work for you. With our home equity loans and home equity lines of credit, you can finance home improvements, a major purchase, or even consolidate debt—all with the confidence that comes from working with a trusted local lender. To apply, you must be 18 years of age or older and live, work, worship, or attend school in Essex, Middlesex, Suffolk, or Worcester County.
Choose the right option for you
Home Equity Loan
A fixed loan option perfect for those who want stability and consistency.
- As low as 6.613% APR1
- Fixed loan amount: Receive your funds upfront.
- Fixed rate: Your rate and monthly payments won’t change for the life of the loan.
- Flexible terms: Choose from 5, 10, or 15 years.
- Consider this option if you prefer a fixed loan amount, rate, and payments
Home Equity Line of Credit
A flexible credit line you can use as needed.
- As low as 7.000% APR1
- Revolving credit line: Borrow and repay funds as needed.
- No balance requirement: Only borrow what you need.
- Consider this option if you prefer flexibility with amount of credit you plan to use
Why choose us?
Access up to 100% of your home’s value, less your first mortgage.
Loan or Line amounts of $15,000 or more come with zero standard closing costs.
Refinance of an existing Loan or Line may be subject to closing costs.
Enjoy lower rates and greater lending amounts compared to credit cards or personal loans.
Current Rates
| Type | Rate | APR1,5 | EMP3 (per $1,000) |
|---|---|---|---|
| Home Equity Loans | |||
| 0-5 Years | 6.500% | 6.613% | $19.57 |
| 6-10 Years | 6.875% | 6.940% | $11.55 |
| 11-15 Years | 7.125% | 7.197% | $9.06 |
| Max Equity Loans | |||
| 5 Year | 7.875% | 8.014% | $20.22 |
| 10 Year | 8.125% | 8.203% | $12.20 |
| 15 Year | 8.500% | 8.560% | $9.85 |
| Home Equity Line of Credit13 | |||
| New Equity Member14 | 7.000% | ||
| Refinanced | 7.500% | ||
| Max Equity Line of Credit15 | 8.750% |
Apply online today
Don’t wait to turn your plans into reality. Applying is fast, easy, and secure. Our dedicated loan team is here to help every step of the way. Start financing your goals today with the credit union you can trust.
(774) 823-1665
Monday – Wednesday: 8:00 a.m. – 4:30 p.m.
Thursday & Friday: 8:00 a.m. – 5:00 p.m.
Saturday & Sunday: Closed
Award-winning service
2025: Newsweek Best Regional Banks and Credit Unions
2024 Winner: Best of Central Mass
2024: Newsweek Best Regional Banks and Credit Unions
2023 Winner: Best of Central Mass
2023 Top Lender: Banker & Tradesman
Rated 5 Stars Bauer
2022 Top Lender: Banker & Tradesman