Great experience!
5
The team and service was superb!
Chris
North Attleboro. MA
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CU Thrive: Saving is Easy
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Mobile Deposits
Make check deposits 24/7 from your mobile device or computer. Learn about EasyDeposit-
Get fast, flexible access to your home’s equity
Lines of Credit
- Borrow as often as you like, up to your approved limit. As you pay down the balance, your available credit increases.
- Take any portion of your line, convert it to a fixed rate advance and choose your repayment term...no application needed.
- Interest-only payment option available.
Fixed Rate Advances
- Get the security of fixed payments by converting any or all of your line into a fixed rate advance.
- Get up to three fixed rate advances at a time.
- Each advance works like an installment loan with fixed payments for the term you choose.
- Fix your rate anytime without an application.
Credit Cards
- Convert a portion of your equity into a Platinum credit card.
- Get the same great low rate you enjoy on your line of credit.
No Application Fees
No Minimum Draw Requirements
No Closing Costs*
*If you terminate your line within the first 24 months after closing, you will be responsible for closing costs.
Please refer to the Closing Cost Addendum you received at loan closing for the total amount of your closing costs.
Contact Us
FAQs
-
Home Equity Line of Credit Calculator
Use this calculator to determine the home equity line of credit amount you may qualify to receive.
Home Equity Loan Rates
| Line of Credit and MasterCard Platinum Credit Card | APR1 | Payment per $1,0002 | Alert Me |
|---|---|---|---|
| To 75% LTV (Prime - 1/2%) | 4.25% | Varies | Receive a notification when this rate changes |
| 76% to 85% LTV (Prime + 1/2%) | 5.25% | Varies | Receive a notification when this rate changes |
| Over 85% LTV (Prime + 1 1/2%) | 6.25% | Varies | Receive a notification when this rate changes |
| Fixed Rate Advance - To 75% LTV | Alert Me | ||
| Up to 5 years | 4.49% | $18.64 | Receive a notification when this rate changes |
| 5 to 10 years | 4.99% | $10.60 | Receive a notification when this rate changes |
| 10 to 15 years | 5.24% | $8.03 | Receive a notification when this rate changes |
| 15 to 20 years | 5.99% | $7.16 | Receive a notification when this rate changes |
| Fixed Rate Advance - 76% to 85% LTV | Alert Me | ||
| Up to 5 years | 4.74% | $18.75 | Receive a notification when this rate changes |
| 5 to 10 years | 5.24% | $10.72 | Receive a notification when this rate changes |
| 10 to 15 years | 5.49% | $8.17 | Receive a notification when this rate changes |
| 15 to 20 years | 6.24% | $7.30 | Receive a notification when this rate changes |
| Fixed Rate Advance - Over 85% LTV | Alert Me | ||
| Up to 5 years | 4.99% | $18.87 | Receive a notification when this rate changes |
| 5 to 10 years | 5.49% | $10.85 | Receive a notification when this rate changes |
| 10 to 15 years | 5.74% | $8.30 | Receive a notification when this rate changes |
| 15 to 20 years | 6.49% | $7.02 | Receive a notification when this rate changes |
| Apply for a Home Equity | Receive a notification when this rate changes | ||
| Contact Member Services at 800-656-4328 for rate details. Hanscom FCU offers Home Equity Plans on primary residences to our members nationwide, with the exception of Texas, Alaska, Hawaii, and New York.
The plan allows up to three fixed rate advances from your line at any given time during the 10 year draw period. If you terminate your line within the first 24 months after closing, you will be responsible for closing costs. These costs generally range from $400-$700. Closing costs do not include any taxes (if necessary). Interest begins accruing upon loan disbursal. Check with your tax adviser about tax deductibility of interest. Homeowners insurance is required. Total Mortgages/Property Value = LTV. Maximum allowed CLTV may vary by state. |
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Real Reviews from Real Hanscom FCU Members
Quick and Easy!
5
Carol is simply the best financial manager I have ever had the pleasure of working with relative to my banking needs and my home equity line of credit. The whole process was seamless and she handled everything efficiently and quickly.
Lopo
Boston, MA
Wonderful Experience
5
I can't express how much I appreciate the kindness of the Branch manager. She is a lovely human being a makes banking personal and real.
JRollins
Boston South Bay Branch
Great experience!
5
Best Credit Union I have ever worked with and the process was wonderful.
Eddie
Bedford
Great service
5
Olga was excellent from beginning to end! She answered all our questions in a timely and professional manner.
Grizzlee
Rochester NH
HFCU or Bust!
5
While I am a bit biased toward Hanscom Federal Credit Union (HFCU), having been a member for 40+ years, I can comfortably recommend that you check with HFCU for all your financial issues before you consider working with anyone else. They are very efficient, knowledgeable, and friendly, and provide quick responses to all your needs! And if you are lucky enough to work with Jamie, you'll have it made!
Charlie
Conway, SC
Great bank
5
Been doing business with Bedford branch for over twenty years would not do business with anyone else
Dave
Hilton Head Island SC
Communication is lacking
3
Communication was very slow. Days went by before a reply even after I was approved. I wasn't briefed on what I was getting approved for based on my score. And I was given all of the optioned for my situation. In general communication should be better. Also documents I needed to sign were forgotten making it very inconvenient for me.
Carolyn
Rehoboth ma
Responsive and accommodating
5
Always a pleasure to do business with Hanscom FCU. This is my second HELOC with them. Needed to re-up due to re-fi. Smooth transition. Thanks Julie B and Team!
C from Ctown
Charlestown MA
Super easy process!!
5
We applied for a 3-1 heloc and the process was straight forward and fairly simple.
Lou
Massachusetts
Home Equity Reviews
4.8
239
96.3
Other Stuff
Routing #
2113-8048-3
MAILING ADDRESS
Hanscom Federal Credit Union
Operations Center
25 Porter Road
Littleton, MA 01460-1434
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This credit union is federally insured by the National Credit Union Administration.
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There is no definitive test or certification of conformance to Level AA of the WCAG, but we have used a variety of methods for assessing accessibility. If you find a part of the site that you feel does not conform to Level AA of the WCAG, please contact us so we can evaluate the issue.
Please note: We chose to use the WCAG guidelines for compliance because they are determined by the W3C, the consortium responsible for creating guidelines for the Internet. For more information about Level AA Conformance, visit the World Wide Web Consortium.
There is no definitive test or certification of conformance to Level AA of the WCAG, but we have used a variety of methods for assessing accessibility. If you find a part of the site that you feel does not conform to Level AA of the WCAG, please contact us so we can evaluate the issue.
Please note: We chose to use the WCAG guidelines for compliance because they are determined by the W3C, the consortium responsible for creating guidelines for the Internet. For more information about Level AA Conformance, visit the World Wide Web Consortium.