Tap into YOUR Home's EQUITY for the FUNDS you need, with a low-rate Edge HELOC!
(Home EQUITY Line of Credit)
When it comes to financing, flexibility is key. Turn your home equity into a line a credit that?s there exactly when you need it.
- Competitive Rates
- Anytime Funds
- Quick Decisions
- Local Service
Easily turn the equity in your home into ongoing, affordable financing!
Special intro rate for first 12 months, then variable rate of Wall Street Journal Prime minus 1.00% for life of loan or floor rate, whichever is higher.
- Competitive rates for several ongoing or seasonal needs:
- Education expenses
- Major life events
- Major home improvements
- Debt consolidation
- Emergency reserve
- And much more
- The existing equity in your home is used as collateral backing
- Accommodating repayment terms that work uniquely for you
- Funds available anytime without reapplying; apply once, then use repeatedly thereafter
- Revolving credit — as principal is repaid, more becomes available for use
- Funds easily available via in-person or phone transfers to a specified Worcester CU checking account
- The interest paid might be tax deductible(consult tax advisor)
- Set up automatic payments to be deducted from your account monthly
- Quick, local decision-making and processing
- Attentive, friendly service from start to finish
2Consult a tax advisor.
Early termination fee of $1,000 if paid off within the first 36 months.