Introductory 12-Month Fixed Rate Home Equity Line of Credit

No closing costs. No application fees.

Low fixed Introductory Rate
guaranteed for one year!.

Use the equity in your home to finance a low rate loan and make home improvements.

  • Install energy efficient appliances.
  • Repair the roof.
  • Build a garage.
  • Renovate the kitchen.

The possibilities are endless. Get the look you're looking for with affordable financing from Southern Mass Credit Union.

Click here to view our current rates

*APR is Annual Percentage Rate. After the 12-month introductory period, then APR will vary monthly if the Prime Rate changes but will not exceed 18.00% or be less than 4.75%. APR is based on the Prime Rate as listed in The Wall Street Journal. As of 10/01/2018, Prime Rate is 5.25%. After the introductory period the rate will be set at Prime minus 0.50%. A minimum initial draw of $25,000 is required during the first 90 days. All subsequent draws will be set at $500 or more. APR indicated requires automatic payment from a Southern Mass Credit Union Deposit Account. Real Estate Taxes and Property insurance is required. Flood insurance where required by law. Up to 80% loan to value on a 1-4 family owner occupied residence. There is a $50 Annual Fee. Early termination fee may apply. Please contact Tax Advisor for possible tax deductions.Other terms and restrictions may apply. Subject to credit approval. Offer subject to change without notice.