Fast Track Your Mortgage

With our Fast Track 12-Year or 8-Year Home Equity loan homeowners can pay off their mortgage sooner. Refinance your existing mortgage from another lender to our Fast Track loan for a shorter term and lower cost.

Why Fast Track your mortgage??

• Easy to apply for
• Quick to close
• Borrow up to $250,000
• Save money and own your home sooner
• No mortgage refinance hassle
• May be tax deductible*

12-year term, the rate changes daily and is based on the 15-year fixed mortgage rate. 8-year term the rate is available as low as 2.99%**.

Fee of $750 is required.  Call for current rate.

**APR – ANNUAL PERCENTAGE RATE. Rate subject to change daily.  Rate based on creditworthiness and term selected.  Minimum loan amount of $50,000 and maximum loan amount of $250,000. Maximum loan to value ratio (LTV) 75%. Existing DPCU loans do not qualify for refinance. $750 fee is non-refundable. No additional rate discounts apply. Credit union must be in first lien position. Loans will be made against the member’s primary residence, 1-4 family located in the States of Connecticut, Massachusetts and Rhode Island. Loans may be made against a second home which meets the following criteria: LTV not to exceed 75%. Home Equity loans are underwritten to include all individual(s) who hold title to the subject property regardless of employment status. Property insurance is required. Floor rate of 3.25%.  A loan of $85,000 with an 8-year term at 2.99% APR results in 96 monthly payments of approximately $996.62.  Payments do not include amounts for taxes and insurance premiums; if applicable, the actual payment obligation will be greater.  Property insurance is required.  Additional credit union loan rate discounts are not eligible for this promotion/rate.  Conditions may apply. *Consult your Tax Attorney. Dutch Point is an Equal Housing Lender.