I am very pleased with the whole process. My agent was aweso
5
My agent was awesome, she was friendly/kind. It wasn't like business.
Reggie
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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
What is a Home Equity Advantage Plan?
What are the closing costs with a Home Equity?
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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 Rates
| Line of Credit and MasterCard Platinum Credit Card | APR1 | Payment per $1,0002 | Alert Me |
|---|---|---|---|
| To 75% LTV (Prime - 1/2%) | 4.75% | Varies | Receive a notification when this rate changes |
| 76% to 85% LTV (Prime + 1/2%) | 5.75% | Varies | Receive a notification when this rate changes |
| Over 85% LTV (Prime + 1 1/2%) | 6.75% | Varies | Receive a notification when this rate changes |
| Fixed Rate Advance - To 75% 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 - 76% to 85% LTV | Alert Me | ||
| Up to 5 years | 4.99% | $18.98 | Receive a notification when this rate changes |
| 5 to 10 years | 5.49% | $10.97 | Receive a notification when this rate changes |
| 10 to 15 years | 5.74% | $10.97 | Receive a notification when this rate changes |
| 15 to 20 years | 6.49% | $7.60 | Receive a notification when this rate changes |
| Fixed Rate Advance - Over 85% LTV | Alert Me | ||
| Up to 5 years | 5.24% | $18.98 | Receive a notification when this rate changes |
| 5 to 10 years | 5.74% | $10.97 | Receive a notification when this rate changes |
| 10 to 15 years | 5.99% | $8.43 | Receive a notification when this rate changes |
| 15 to 20 years | 6.74% | $7.60 | 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
What an AMAZING, EASY experience
5
I worked with Lucy B. who provided outstanding service, kept us updated throughout the process and was always available to answer questions. She went out of her way to provide us with a great product, worked with us to close at a location convenient to us and was professional and courteous at every turn. My loan was closed within a couple of weeks and we coudn't be happier!
Jennifer OBrien
Mansfield MA
Couldn't be easier!
5
The entire team at Hanscom was great to work with - clear, quick communication, without the hassle of the big commercial banks. Highly recommend.
Andrew
Boston, MA
NICELY DONE !
5
VERY HAPPY WITH THE WHOLE PROCESS ! Jennifer Godin explained everything very well and knows her field without flaw!
none
MASS
Don't expect much help
1
Since this review refers to the Home Equity only, I hesitate to qualify my disappointment. In general, I'm pleased with HFCU service and don't want to steer anyone away from this credit union. I've been a member for so long, I don't remember when I joined. However, my latest experience was not up to your usual standards. A telephone call to that department informed me there was no one available at that time to help me. I left a message. The next day someone called and left a message for me. She identified herself (and if I was interested enough) I probably could have replayed the message several times to understand her name and most of what she was saying. I was told I could find the information I wanted by accessing their e-site. Not a very nice "we're here to help" message. She spoke too fast and I felt she was giving me a fast "brush-off." I was annoyed with this message and decided to simply forget it. However, since you asked....
Sam
Harvard, Massachusetts
Great staff
5
Great, friendly experience
Poor worker
Massachusetts
Just what we expected!
4
Julie made the process easy and smooth!
Home Improver
New Hampshire
Convenient accessible funds when you need it most!
5
Well pleased indeed, great service and reasonable terms and rates, thank you.
Bahama Slim
Cape Cod, MA
Awesome service
5
Thank you Carol for your guidance and great customer service.
Kevin Briggs
Plymouth
#1
5
Best Credit Union around. Lowest rates, best services, free checking, and annual bonus dividend payouts. What more can you ask for?!
Victoria
Brockton
Home Equity Reviews
4.8
219
97.2
Routing #
2113-8048-3
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This credit union is federally insured by the National Credit Union Administration.