Pay off your home sooner with a shorter term and lower cost.
Fast track your mortgage and pay off your home sooner
Terms available up to 12 years
Low rates and low application fees
Borrow up to 75% of your home's value
Every homeowner dreams of the day their mortgage will be paid off. Our Fast Track Home Equity Loan is designed to help you fast track your mortgage and pay off your home sooner, so that day you dream of can become a reality.
Paying off your home sooner than expected can assist you in gaining financial freedom. You'll also save even more money thanks to our low application costs, which are significantly lower than closing costs on a mortgage refinance.
Consult a tax advisor for further information regarding the deductibility of interest and charges.
APR - ANNUAL PERCENTAGE RATE. $50,000 minimum loan amount. $726,200 maximum loan amount. 75% maximum loan to value ratio. $300 application fee is required and is non-refundable. No additional rate discounts apply. Dutch Point must be in first lien position. Loans will be made against your primary residence, 1-4 family homes located in the states of CT, MA and RI. Loans can be made against a second home; however, additional conditions will apply. Property insurance is required. A Fast Track Home Equity loan of $85,000 with an 8-year term at 5.25% APR results in 96 monthly payments of approximately $12.79 per $1,000 borrowed. Payments do not include amounts for taxes and insurance premiums; if applicable, the actual payment obligation will be greater. Rate available for a limited time only. Conditions may apply. Dutch Point Credit Union is an Equal Housing Lender. NMLS# 466823.