Buying a new home or refinancing your current mortgage? Click below for the latest low rates.

Member Advantage Mortgage

Looking for a HELOC or Fixed Rate Equity Loan?
See rates below:

All rates, terms and conditions are subject to change without notice.


Home Equity Line of Credit (HELOC)*
(Effective: Sun. May 27, 2018)
Type Interest Rate fixed for 12 months**
20 Year Term Variable Rate 1.99% APR***
*10 year draw period, 10 year repayment period. Current rate is as stated above or the greater of 3% or 1/4% below Prime. Prime rate as published in the Wall Street Journal on the 15th of every month.

**The initial rate may be as low as 1.99%. At the end of the initial 12 months, rates will go to the greater of 3% or 0.25% below Prime. Prime rate as published in the Wall Street Journal on the 15th of every month. The minimum credit line is $10,000 and the maximum credit line is $150,000. The maximum APR that may be imposed is 18% in a variable-rate plan. Closing costs may apply. Property Insurance is required. Flood insurance is required if the property is located in flood zone. Annual Percentage Rate ( APR) ranges from 1.99% to 18% depending on credit score, term and loan to value. Subject to credit approval. Restrictions apply. Rates are subject to change. Promotion is subject to termination without notice. Please call a Worcester Credit Union representative for further information at 508-853-9966.


Home Equity Fixed Rate
(Effective: Sun. May 27, 2018)
Type Interest Rate APR*** Monthly Payments
per $1000 borrowed
5 Year Home Equity Loan 3.50% 3.50% $18.19
10 Year Home Equity Loan 4.00% 4.00% $10.13
15 Year Home Equity Loan 4.25% 4.25% $7.52
20 Year Home Equity Loan 4.75% 4.75% $6.46


Retire Your Mortgage
(Effective: Sun. May 27, 2018)
Type
Interest Rate
APR*** Monthly Payments
per $1000 borrowed
10 Year Term 3.75% 3.75% $10.01

Fill out the Retire Your Mortgage application online and pay off your mortgage on a date you want and be DONE!

Retire Your Mortgage – Apply Now

All rates, terms and conditions are subject to change without notice. All rates and approval depend on credit worthiness and other qualifications.

***APR = Annual Percentage Rate – for Loan Accounts