When you’re looking for excellent rates on Mortgage and Real Estate loan products, look no further – Energy CU have the competitive rates you’re looking for.
Rates are effective as of February 2, 2023. Rates are subject to change without notice.
| Loan Type | Term | APR * | Max. Amount |
|---|---|---|---|
| First Mortgage | Please call us at (617) 325-1999 for current rates and terms. | ||
| Fixed Home Equity | 10 years | starting at 5.125% + | |
| Fixed Home Equity | 15 years | starting at 5.49% | |
| Fixed Home Equity | 20 years | starting at 6.25% | |
| Home Equity Line of Credit | 15 Yr Borrowing and 5 Yr repayment | Prime minus 1%, adjustable monthly ** |
|
| NEW Home Equity Line of Credit | 10 Yr Borrowing and 10 Yr repayment | Prime minus 0.75% (10 Yr Interest only payments)* | |
*APR – The rate listed is the Annual Percentage Rate (APR) which is variable and is equal to the Wall Street Journal prime rate minus 0.75%, subject to a minimum rate of 4.00% and a maximum rate of 18% or the maximum rate permitted by law, whichever is less. Prime as of 2/2/2023 was 7.75%. This APR is available for new home equity lines only. Line must be secured by a 1-4 family home or condo. Primary residences only. The maximum loan to value is 80%. Rates are subject to change. Property insurance will be required. Subject to credit approval.
**APR – The rate listed is the Annual Percentage Rate (APR) which is variable and is equal to the Wall Street Journal prime rate minus 1.00%, subject to a minimum rate of 2.25% and a maximum rate of 18% or the maximum rate permitted by law, whichever is less. Prime as of 2/2/2023 was 7.75%. This APR is available for new home equity lines only. Line must be secured by a 1-4 family home or condo. Primary residences only. The maximum loan to value is 80%. Rates are subject to change. Property insurance will be required. Subject to credit approval.
+ APR is calculated based on a loan amount of $100,000 for a term of 10 years or 120 months. Payments are $10.67 monthly per $1,000 borrowed. Owner occupied condos and single-family primary residences only. Payment doesn’t include taxes, insurance, or HOA fees. The actual payment obligation will be greater. Other terms and restrictions apply. Subject to credit approval.
