Terrible
1
Annita tried to help as best as she could.
Ron
San Jose
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Mobile Deposits
Make check deposits 24/7 from your mobile device or computer. Learn more-
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.
- Automatic enrollment in MemberPoints lets you earn free gift cards, brand-name merchandise and great travel rewards on purchases.
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 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% | $18.87 | 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% | $7.63 | 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
Five Star Staff
5
The process for getting an home equity line was made so pleasant by the 5 star staff person who helped us get it done. Delma from the O'Neill branch communicated through calls and emails to keep the process moving along. Lucy was a big help bu holding our closing after hours to make it more convenient for my husband. Glad to be part of the Hanscom community.
Motherfeather
Boston, Ma
Super easy to work with!
5
Anna was fantastic! Responded promptly and was always helpful and friendly. The signing was quick and easy and website is very user friendly.
Paula
Saugus, MA
Top Notch Customer Service
5
Phenomenal service from start to finish. Susan from the Boston Branch was a pleasure to deal with and frequently communicated with me during the process. Top notch service. Thank you for a wonderful experience.
Happy Customer
MA
Barnes Building Staff
5
The staff at the Barnes Buiding is unbelievable! First class service. Great place to get your finances done.
Rod
Boston, Ma
Excellent, on time, and very efficient
5
Jamie was very professional and very helpful, She mad the process of getting home equity go smoothly,
abdul
washington state
Best service
5
I always like doing business with you. Your service is amazing.
Faina
Salem, MA
Everything banking
5
I was so surprised on the quick turn around to get approved for a loan. Staff were so kind & friendly & they even offered different loan plans that was suited for me.
KR
Ma
Great service!
5
Excellent!
DWilly
Framingham, MA
Great service, less red tape, accomodating
5
Hanscom Credit Union treated me as a valuable new potential customer, not as an annoyance, like some of the bigger banks did. Was approved in less time than the big banks would have done. It went so well, I bought my loan representative flowers !
Bruce from Bedford
Bedford, MA
Home Equity Reviews
4.8
186
98.2
Routing #
2113-8048-3
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This credit union is federally insured by the National Credit Union Administration.