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 own 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. With a Fast Track Home Equity Loan, you can refinance your existing mortgage from another lender to Dutch Point for a shorter term and lower cost. You'll also save even more money thanks to our low application costs, which are significantly lower than closing costs on a mortgage refinance.
- Available terms up to 12 years allow you to choose a payment that fits into your budget
- Exceptionally low home equity loan rates and low application fees save you money
Our local, in-house home equity consultants provide you with quick loan decisions and easy access when you have questions. Plus, all of our home equity loans are retained at the credit union, meaning all of your servicing stays local. Feel confident knowing you have access to someone nearby you can trust who has your best interests in mind.
Apply for a home equity loan online, give us a call, or visit one of our Wethersfield, Newington, Berlin, Bloomfield, West Hartford, Niantic, or Middletown, CT locations.
Consult a tax advisor for further information regarding the deductibility of interest and charges.
APR - ANNUAL PERCENTAGE RATE. $50,000 minimum loan amount. $484,350 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. Title insurance is required on loan amounts $100,000 and greater. A Fast Track Home Equity loan of $85,000 with an 8-year term at 3.00% APR results in 96 monthly payments of approximately $11.74 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.