Loans – Home Equity Loans, on line loans.#On #line #loans


Home Equity Loans

THEN SMILING AT YOUR NEW SUNROOM.

On line loans

All Workers home equity loan products are included in the GiveBack Program.

On line loans

Home Equity Loan

5-YEAR FIXED RATE

AS LOW AS – 2.99% APR

Finance your next big home remodeling project with a fixed-rate home equity loan.

  • Fixed-rate for life of your home equity loan
  • Interest on our home equity loans may be tax deductible*
  • Terms on home equity loans up to 240 months
  • 80% 2 and 100% 3 loan-to-value options for our home equity loans are available

Call 978-345-1021, select option 3 to speak with a Member Service Representative today.

*Please consult your tax advisor to see if you qualify. (1)The Annual Percentage Rate on our home equity loan is as low as 2.99% APR up to 60 Months. The monthly payment on a 60 month home equity loan per $1,000 borrowed is $17.96. Annual Percentage Rates (APR) include a 0.50% discount for electronic payments for your home equity loan from a Workers Checking Account. (2)Other rates and terms on Workers home equity loans are available. Minimum line amount is $25,000. Offer applies to new home equity loans only on owner-occupied primary residence to a maximum 80% combined loan-to-value and a maximum of 75%^ combined loan-to-value on owner-occupied second homes. Homeowners insurance required. Rates on our home equity loans are subject to our normal credit requirements. Rates subject to change without notice. Offers may be withdrawn at any time. Workers Credit Union membership required. Other restrictions may apply.

Solar Loans

3.75%APR For 84 Months

If you are considering solar, Workers now offers solar loans so you can afford the installation and enjoy affordable energy.

  • Own your solar panels
  • Interest on our solar loans may be tax deductible*
  • Terms on solar loans up to 144 months(2)
  • 80%(3,5) and 100%(4,5) loan-to-value options for solar loans are available
  • Copy solar installation contract required

Call 978-345-1021 ext. 5402 to speak with a Member Service Representative today.

*Please consult your tax advisor to see if you qualify. (1)The Annual Percentage Rate on our solar loan is as low as 3.75% APR up to 84 Months. The monthly payment on an 84 month solar loan per $1,000 borrowed is $13.56 . Annual Percentage Rates (APR) include a 0.50% discount for electronic payments from a Workers Checking Account. (2)Other rates and terms on solar loans are available see Rates for more information. (3)Maximum 80% loan-to-value ratio. (4)Maximum 100% loan-to-value ratio. (5)Offer applies to new solar loans in Massachusetts only on owner-occupied primary residence. Homeowners insurance required. Subject to our normal credit requirements. Rates subject to change without notice. Offers may be withdrawn at any time. Workers Credit Union membership required.

Home Equity Line of Credit

Low Introductory Rate

AS LOW AS – 1.99% APR* For 6 Months

After Introductory Rate, Currently 2.99% APR*

If you are ready for a home equity line of credit to renovate your home, pay tuition, or other large expenses, Workers home equity line of credit may have the right benefits for you.

  • Easy access to money
  • Interest on our home equity lines of credit may be tax deductible**
  • Convert to a fixed-rate loan
  • Borrow up to 80% of your loan-to-value***

Call 978-345-1021, select option 3 to speak with a Member Service Representative today.

*An introductory Annual Percentage Rate (APR) of 1.99% is guaranteed for the first 6 months of the home equity line of credit, with a periodic rate of 0.00545. Thereafter, the APR on the home equity line of credit will be set on the first business day of each month which will be either a floor rate of 2.99% APR with a periodic rate of 0.01093%, or .50% below the Prime Rate published in the Wall Street Journal on the last business day of each month, whichever is greater. 10 year draw, 10 year repayment. Maximum rate on the home equity line of credit is 18%. Minimum rate is 2.99%. Minimum line amount is $25,000. Annual fee of $30.00 will be waived if borrower has monthly payment automatically withdrawn from a Workers Credit Union checking account. ***Offer applies to new home equity lines of credit in on owner-occupied primary residence to a maximum 80% combined loan-to-value and a maximum of 75% combined loan-to-value on owner-occupied second homes. Homeowners insurance required. $350 early termination fee will be charged if home equity line of credit is discharged in the first two years. Offer may be withdrawn without notice. Workers Credit Union membership required. Subject to normal credit requirements.

** Please consult your tax advisor to see if you qualify. Other restrictions may apply.


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