Efficient loan application process and approval!
5
Informative and helpful loan officers.
Pat Martone
Massachusetts
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CU Thrive: Saving is Easy
Reward yourself with a terrific rate. Learn about CU Thrive
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 Rates
| Line of Credit and MasterCard Platinum Credit Card | APR1 | Payment per $1,0002 | Alert Me |
|---|---|---|---|
| To 75% LTV (Prime - 1/2%) | 5.00% | Varies | Receive a notification when this rate changes |
| 76% to 85% LTV (Prime + 1/2%) | 6.00% | Varies | Receive a notification when this rate changes |
| Over 85% LTV (Prime + 1 1/2%) | 7.00% | 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
Easy and Efficient
5
We have used the equity in our home through HFCU on two occasions in the past 10 years and they make the process easy and efficient. They will inform you of the process and where it could be delayed right up front. Any delays, although they were short were always on my end. HFCU is top shelf in my mind. Paul
Paul
Watertown, MA
Great service
5
I've been with hascom come over 7 years. I do not ser myself bancking may anywhere else. Love the Friendly service i get in all the branches i go to. Thank you and keep Up the good work
World Travler
Lynn Massachusetts
Excellent In-Person Service!
5
In-person help at the local HFCU was perfect.
Boston Man
Boston, MA
Home Equity Loan
5
The folks from the Billerica Mass office were totally unbelievable in how the ease of this loan went. From the initial smiling greeting from the dedicated teller to the ease of closing with the branch manager. I could not have asked for a better service. They should all be commended for not only treating me but all the other members that came in while i was there with a smile and kind greeting. Thanks to all for a job well done.
ralph
Billerica Mass
Easy loan process
5
Always great to do business with.
Bill H
St. Augustine
Fast and excellent customer services
5
I worked with a Melissa and she was extremely efficient and fast. Within 3 weeks we had the money in our accounts. The whole process was smooth and a good experience
Ricky
Peabody MA
Easier Than I Could Have Ever Imagined
5
My loan office Ashley was phenomenal and the entire process went so smoothly that I was completely amazed. HFCU is heads above other credit unions when it comes to customer service and responsiveness.
Donna D`
Lawrenceville, GA
???
5
Ashley was great and whole process very easy!
CLAIRE
Chelmsford, MA
margin clearance
5
The personnel involved were outstanding. Real Joy to work with. Once the loan funds were in our account the transfer process to USAA was not as smooth as it should have been and therefore cost money.
deer hunter
grantham, nh
Home Equity Reviews
4.8
196
98.4
Routing #
2113-8048-3
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This credit union is federally insured by the National Credit Union Administration.