Energy Credit Union offers mortgages and home equity loans at favorable rates. You can count on a smooth application process. Contact us to apply.

Mortgages

  • First mortgages for single family, multi-family and condominium purchases
  • Finance up to 97% loan-to-value for single-family property or minimum of 3% down payment
  • Finance up to 95% loan-to-value for two-family property or minimum of 5% down payment
  • Finance up to 80% loan-to-value for three and four family property
  • Local decision making

Call and speak to one of our loan officers at (617) 325-1999.

Apply Now!

Refinancing

  • Consider refinancing your mortgage for substantial monthly savings
  • Refinance your rate/ term and consider cash-out for home improvement, etc.
  • Finance up to 80% of appraised value minus outstanding liens (up to credit union limits without PMI)

Check Rates and Terms

Home Equity Loans

  • Fixed monthly payments
  • Fixed interest rate
  • Terms up to 20 years
  • Finance college tuition, home improvements and other large expenses
  • Consolidate bills
  • No closing costs; we pay appraisal fee (Fees subject to change without notice; Certain conditions apply)

Apply for Fixed Home Equity LoanCheck Rates and Terms

Home Equity Line of Credit (HELOC)

  • Pay interest on only what you use
  • Excellent interest rates (currently Prime minus 1%)
  • Drawing period of 15 years
  • Repayment period of 5 years
  • Convenient access to your funds
  • Borrow up to 80% of your equity

Apply for HELOCCheck Rates and Terms

NEW Home Equity Line of Credit (HELOC)

  • Pay interest on only what you use
  • Excellent interest rates (currently Prime minus 0.75%)
  • Drawing period of 10 years
  • Repayment period of 10 years
  • Convenient access to your funds
  • Borrow up to 80% of your equity

Apply for HELOCCheck Rates and Terms

Apply for a Real Estate Loan

Call us at (617) 325-1999 to apply. Loan approvals are subject to Energy Credit Union’s loan and underwriting requirements.