Tap into your home's equity for just about any need. Then use it as you need it without having to reapply.
Key Features
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Competitive Rates
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Flexible Repayment
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Local Processing
- Competitive rates for several ongoing or seasonal needs:
- Education expenses
- Major life events
- Major home improvements
- Debt consolidation
- Emergency reserve
- And, much more
- The existing equity in your home is used as collateral backing
- Accommodating repayment terms that work uniquely for you
- Funds available anytime without reapplying; apply once, then use repeatedly thereafter
- Revolving credit — as principal is repaid, more becomes available for use
- The interest paid might be tax deductible1
- Quick, local decision-making and processing
- Personalized service from trusted lenders
- Enjoy no application or closing costs
| Loan Type | Program | Rate |
|---|---|---|
| HELOC | STANDARD HELOC | Prime minus 0.50%, monthly adjustable thereafter based on changes to the Wall Street Journal Prime Rate Index with a floor of 5% and a cap of 18%.Minimum loan amount is $25,000. Rate and terms are based upon credit history. |
| HOT HELOC | Introductory rate of 3.49% for the first 6 months, then Prime minus 0.50% thereafter based on changes to the Wall Street Journal Prime Rate Index with a floor of 5% and a cap of 18%. Requires a minimum mid FICO score of 700 and a TCU checking account with automatic payment withdrawals. Minimum loan amount is $25,000. Rate and terms are based on credit history. | |
| INVESTOR HELOC | Prime plus 2.00%, monthly adjustable thereafter based on changes to the Wall Street Journal Prime Rate Index with a floor of 6% and a cap of 18%. Requires a minimum mid FICO score of 700. Rate and terms are based on credit history. |
Fixed Rate Home Equity Loan 80% LTV
| Program | Rate | APR* | Payment Per $1,000** |
|---|---|---|---|
| 20 Year Fixed Conventional | 7.75% | 7.75% | $8.21 |
| 15 Year Fixed Conventional | 7.50% | 7.50% | $9.27 |
| 10 Year Fixed Conventional | 7.25% | 7.25% | $11.74 |
| 5 Year Fixed Conventional | 7.00% | 7.00% | $19.80 |
1Consult a tax advisor.
A Tremont Credit Union membership is required to be open.
Rates are subject to change without notice.
HOT HELOC
Membership eligibility applies. Subject to TCU underwriting approval standards. Variable rate based on Wall Street Journal’s Prime Rate Index. As of March 25,2026, the Prime Rate is 6.75%. There is a minimum Line amount of $25,000 and a minimum draw at closing of $15,000. A $500 processing fee applies if the minimum draw of $15,000 is not made at closing and does not stay outstanding for 90 days. Members with a FICO score equal or greater than 720, with automatic payment withdrawals from the TCU checking account will receive the introductory rate of 3.49% APR (Annual Percentage Rate) for the first 6 months following account set up. After the initial rate period, a minimum APR will apply: Prime Rate (currently 6.75% APR) minus 0.50%, with a floor rate of 5.00%. Maximum APR 18.00%. Rate offer is only available once per property address, per household. Therefore, the HOT HELOC is not eligible for subsequent refinancing at the introductory rate. Payments are interest- only for the initial 120 payments followed by 240 payments of principal and interest (P&I). The maximum CLTV is 80%. Not available for homes currently for sale or intended to be sold. Owner-occupied 1-4 family residences, PUD’s and condominiums qualify. Property insurance is required. Flood insurance may be required. Consult a tax advisor for information regarding the deductibility of interest and charges.
Closing costs will be paid by the credit union except for properties held in a Trust, LLC or Entity. These will require a review by a TCU attorney. Attorney related fees must be paid by the borrower prior to the attorney completing the work. This includes review fees, attorney closing fees, recording fees and/or the cost of document preparation by the TCU attorney such as Trustee Certificate, Schedule of Beneficiaries etc. The credit union will recover from the borrower all third-party fees paid by the credit union on lines closed within thirty-six (36) months from date of closing.
The minimum credit score is 700. The maximum Debt -to -Income is 50%.
Not all applicants will qualify, and all loans are subject to underwriting approval. Additional fees may apply. Rate and terms may vary based upon credit history. All rates are subject to change without notice.
If member does not meet the above mentioned requirements, The Standard Home Equity Line of Credit may be available. Refer to the disclosure available on the website for details. NMLS ID# 789578.
STANDARD HELOC
Membership eligibility applies. Subject to TCU underwriting approval standards. Variable rate based on Wall Street Journal’s Prime Rate Index. As of March 25,2026, the Prime Rate is 6.75%. The interest rate will be the Wall Street Journal’s Prime Rate (currently 6.75% APR) minus .5%, with a floor rate of 5.00%. Maximum APR 18.00%.
There is a minimum Line amount of $25,000. Payments are interest- only for the initial 120 payments followed by 240 payments of principal and interest (P&I). The maximum CLTV is 80%. Not available for homes currently for sale or intended to be sold. Owner-occupied 1-4 family residences, PUD’s and condominiums qualify. Property insurance is required. Flood insurance may be required. Consult a tax advisor for information regarding the deductibility of interest and charges.
Closing costs will be paid by the credit union except for properties held in a Trust, LLC or Entity. These will require a review by a TCU attorney. Attorney related fees must be paid by the borrower prior to the attorney completing the work. This includes review fees, attorney closing fees, recording fees and/or the cost of document preparation by the TCU attorney such as Trustee Certificate, Schedule of Beneficiaries etc. The credit union will recover from the borrower all third-party fees paid by the credit union on lines closed within thirty-six (36) months from date of closing.
The minimum credit score is 700. The maximum Debt -to -Income is 50%.
Not all applicants will qualify, and all loans are subject to underwriting approval. Additional fees may apply. Rate and terms may vary based upon credit history. All rates are subject to change without notice.
NMLS ID# 789578
INVESTOR HELOC
Membership eligibility applies. Subject to TCU underwriting approval standards. Variable rate based on Wall Street Journal’s Prime Rate Index. As of March 25,2026, the Prime Rate is 6.75%. The interest rate will be the Wall Street Journal’s Prime Rate (currently 6.75% APR) plus 2%, with a floor rate of 6.00%. Maximum APR 18.00%. There is a minimum Line amount of $25,000 and a $500 processing fee. An early termination fee of $1,000 applies for lines closed within thirty-six (36) months from date of closing. Payments are interest- only for the initial 120 payments followed by 180 payments of principal and interest (P&I). The maximum CLTV is 70%. Not available for homes currently for sale or intended to be sold. Non-owner occupied 1-4 family residences, PUD’s and condominiums qualify. Property insurance is required. Flood insurance may be required. Consult a tax advisor for information regarding the deductibility of interest and charges.
All closing costs will be paid by the borrower. For properties held in Trust, LLC or Entity will require a review by a TCU attorney paid by the borrower prior to the attorney completing the work. This includes review fees, attorney closing fees, recording fees and/or the cost of document preparation by the TCU attorney such as Trustee Certificate, Schedule of Beneficiaries etc.
The minimum credit score is 700.The maximum Debt -to -Income is 45
Not all applicants will qualify, and all loans are subject to underwriting approval. Additional fees may apply. Rate and terms may vary based upon credit history.
All rates are subject to change without notice.
NMLS ID# 789578
Fixed Rate Home Equity Loan
*APR: Annual Percentage Rate. Posted APRs are calculated assuming maximum 80% LTV minus any first mortgage balance. Property must be an owner occupied 1-4 family or property located in Massachusetts or within 100 miles of the Milton branch. Property insurance is required. Rates and APRs may change at any time and vary according to the property and loan characteristics. Approval subject to Tremont lending criteria and Tremont membership eligibility. Maximum loan amount of $250,000.
Not all applicants will qualify, and all loans are subject to underwriting approval. Additional fees may apply.