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 is there exactly when you need it.
Key Features
- Competitive Rates
- Anytime Funds
- Quick Decisions
- Local Service
Details
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
Current Rates
2Consult a tax advisor.
Early termination fee of $1,000 if paid off within the first 36 months.