With shorter terms and lower interest rates, a First Lien Equity Loan is a solid financing option for your home.

Key Features

  • Competitive Rates
  • Free Pre-Approval
  • Fast, Local Service
  • 10 Year Special at 1.99% APR
    • up to 70% LTV and other restrictions apply- small application fee required before value is ordered and if loan request is greater than $250,000 full appriasal fee is required.    
  • 10 Year Product up to 80% LTV rate is on rate sheet and no application fee required.

Both loans feature: 

  • Includes monthly payments that remain fixed over the life of the loan
  • Pay-off your loan balance quickly
  • Fixed principal and interest payments for the full term of the loan
  • No risk that changing market conditions will increase your monthly payments
  • The loan balance will decrease more rapidly than longer term loans.  

At a 2.375% interest rate, the APR for this loan type is 2.535%. The monthly payment schedule would be:


119 payments of $1,874.05 at an interest rate of 2.375%

1 payment of $1,874.26 at an interest rate of 2.375%

This payment schedule is based on a $200,000 loan on a $250,000 property in Worcester county, MA.


If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner’s insurance premiums.

Bank Your Way — At a Branch or On the Go

Electronic Banking

Worcester Credit Union is insured by both National Credit Union Administration (NCUA) and Massachusetts Credit Union Share Insurance Corporations (MSIC). The NCUA insures all deposits up to $250,000 per account owners. All deposits above the NCUA limits are fully insured by the MSIC.