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Home Equity Loan Special - 03-06-25

Replacing decking with new cedar planks
Limited Time Offer

Home Equity Loan Rates as low as 5.250% APR*

Unlock the Potential in Your Home with SCU Credit Union. Your home is more than just a place to live—it can be a resource to help you achieve your goals. Whether you're funding a renovation, consolidating debt, or making a big purchase, SCU Credit Union's Home Equity Loan offers competitive rates and flexible terms to fit your needs.

 

Highlights

  • No Closing Costs or Pre-Payment Penalty – Save money upfront and pay off your loan early without extra fees.
  • Budget friendly – A home equity loan comes with fixed monthly payments, so you’ll always know what to expect. 
  • Personalized Support Every Step of the Way – From application to closing, our team is here to guide you and answer any questions, making the process seamless and stress-free.

  • Borrow up to 80% of the equity in your home
  • Line amounts from $10,000.00 - $500,000.00
  • Variable interest rate at Prime minus .50% with a floor rate of 3.50%

A Local Partner You Can Trust

At SCU Credit Union, we’ve been serving local homeowners in Sharon, Mansfield, North Attleboro, Foxboro, East Walpole, Taunton, Brockton and everywhere in between for years. Our expert loan representatives take the time to understand your needs and provide guidance every step of the way.

 *rates calculate your payments Apply

    A SCU Home Equity Loan puts you in control

    A SCU Home Equity Loan puts you in control

    Home Improvement

     When you'd like to make renovations to your home

    • Improve your weekends with a new deck

    Major Expenses

    Manage bills or unexpected expenses

    • Wedding expenses
    • Debt Consolidation

    Opportunities

    Create possibilities.  

    • Investment property
    • Starting new business

    More options

    SCU Credit Union offers a variety home equity and loan products to meet your financing needs.

    low intro rate of 5.99% APR*

    Our low intro rate let's you save money and get right to work

    • After the first 12 months, the rate is Prime Rate minus 0.50% APR
    • Get started with minimum amount of $10,000 at closing
    • Interest only option available

    Home Improvement Loan

    A good alternative when you haven't gained a lot of equity

    • Fixed payments and interest rate
    • More economical than using a credit card
    • Terms up to 20 years available

      heloc information *rates  Home improvement loan info

    Table data for Home Equity Loan Rates
     Effective Date: January 9, 2025
    Term APR1 Monthly Payment per $1,000 Alert Me
    1-5 Years 5.250% $18.99 Receive a notification when this rate changes
    6-10 Years 5.500% $10.85 Receive a notification when this rate changes
    11-15 Year 6.250% $8.57 Receive a notification when this rate changes
    16-20 Years 7.000% $7.75 Receive a notification when this rate changes
    21-25 Years 7.250% $7.23 Receive a notification when this rate changes
    • 1APR=Annual Percentage Rate. Rates subject to change at any time. Your Annual Percentage Rate, Term and Approved Loan Amount may vary based on your credit worthiness. Please ask a loan representative for details regarding how your rate is determined. If an equity loan is secured by a first lien on the property, the payments shown do not include amounts for taxes and insurance premiums and, if applicable, the actual payment obligation will be greater. Maximum LTV requirements apply. Property insurance is required. Appraisal fee and/or flood insurance coverage may be required. No points or attorney fees are associated with this loan. Applicable Trust review and recording fees apply. Other restrictions may apply.↵

    Your Home Equity Loan Toolkit

    A trove of tools and tips to transform your finances

    We're here to help

     

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