With shorter terms and lower interest rates, a Fixed Rate, First Position 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 restrictionsapply- small application fee required before value is ordered and if loan request is greater than $250,000 full appriasal fee is required.   
  • 10 Year Edge First Position Equity Product still available fo up to 80% LTV- see rate sheet for current rate and note there is no application fee for this product.  

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.  

Edge 10 Year First Position Equity Loan 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.

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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.