Home Equity Loans


Low rates and flexible terms that help put your home's equity to work for you.

Why go with HUECU?

HUECU’s Home Equity Loans and Lines are an inexpensive way to tap into the equity in your home

  • No Annual Fees
  • Low rates and flexible terms
  • No penalties for prepayment
  • Variety of payment options
  • No closing costs²
  • Credit Lines up to $200,000

Home Equity Line of Credit (HELOC)

  • Rate is below prime for the life of the line¹
  • 10 year draw followed by 10 year repayment
  • No closing costs²
  • Advances can be made via checks, online, in person, and over the phone
  • Borrow up to 80% of the equity in your home

Fixed Rate Home Equity Loans

  • Low fixed rates
  • 5, 7, 10, and 15 year terms available²
  • No closing costs²
  • Fixed monthly payment
  • Borrow up to 80% of the equity in your home
  • Discounted rates with automatic payments from an HUECU checking account¹

When you’re ready to get started, our expert mortgage staff is here to answer all of your questions. You can apply online or come in to any one of our branches. You can also call 617-495-4460 or email us for more information about this or any of our other services. Click here to view current rates.


¹Rate adjusted monthly according to Prime Lending Rate as published in the Wall Street Journal. Subject to credit approval. Maximum APR that may apply on Home Equity Lines is 18%. Loan to value not to exceed 80%. Rates are subject to change. 1-4 family, owner-occupied primary residence properties and second homes only. Rates advertised are the lowest rates available and includes APR minus .26% discount with automatic payment from a Crimson Checking account. Rate is accurate as of 04/1/2014, but is subject to change at any time.
² If you close the line within 24 months from date of note, you will reimburse HUECU the amount of waived fees. Certain restrictions apply for existing borrowers who currently have a Fixed Rate Second Mortgage or Home Equity Line of Credit with HUECU. Adequate property insurance, and possibly flood insurance, is required. 1-4 family, owner-occupied primary residence and second homes only. Check rates for more information.