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Tap into your home's equity for just about any need. Then use it as you need it without having to reapply.

Key Features

  • Competitive Rates
  • Flexible Repayment
  • 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
  • Apply Now HELOC
  • Apply Now HE Loan

1Consult a tax advisor.

A Tremont Credit Union Regular Savings Account (membership share) is required to be open.


Variable rate based on Wall Street Journal’s Prime Rate Index. As of September 23, 2022 the Prime Rate is 6.25%.
Minimum $25,000 line amount and $15,000 minimum draw required. $500 early termination fee. 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. Interest only payments for initial 10 yrs. With additional 20-year payback of P&I. Maximum LTV 80%. Rate and terms may vary based upon credit history. Not available for homes currently for sale or intended to be sold. Subject to credit approval. 1-4 family, owner occupied primary residences, and condominiums qualify. Property insurance required. Flood insurance may be required. Consult a tax advisor for information regarding the deductibility of interest and charges. Trust review fees range from $125 to $275 apply for properties held in trust.
**Members with a FICO score equal or greater than 720, a TCU checking account, and automatic payment withdrawals from the TCU checking account will receive the 2.99% 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 6.25% APR) less 0.50%, with a floor rate of initial Prime Rate plus 0.25%. Your rate cannot be lower than the floor rate (Currently 6.50%). This introductory rate offer is subject to change and is limited to one introductory offer per person and per household and is not eligible for refinancing at the introductory rate.
If member does not meet about mentioned requirements, The Standard Home Equity Line of Credit may be available. Refer to the disclosure available on the website for details. NMLS ID# 78957


Fixed Rate HELOC

*APR: Annual Percentage Rate. Posted APRs are calculated assuming maximum 80% or 90 % LTV minus any first mortgage balance and credit score of 720 or better. Property must be an owner occupied 1-4 family or single-family vacation property located in Massachusetts or within 100 miles of the Longwood 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. Pricing adjustments may apply based upon credit score, CLTV, debt ratios and the loan characteristics.