If you're looking for a home financing opportunity that provides structure, simplicity and convenience, a Fixed Home Equity Loan might be the right choice to meet your needs. This loan option is ideal when you know the total amount of money you need and want to receive this money in a lump sum.
Fixed Home Equity loans can be a solution to a variety of needs. Whether you're looking to spruce up your home, buy a new car, pay for a wedding, or consolidate debt, a Fixed Home Equity Loan can address your specific objectives.
- A stable monthly payment and fixed rate mean you won't have to worry about changes happening when you least expect them
- Gain spending power to accomplish your goals by using the proceeds for whatever need you may have
- Put your money to better use thanks to no closing costs, no point requirements, flexible term options and competitive home equity loan rates
Our local, in-house home equity consultants provide you with quick loan decisions and easy access when you have questions. 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. APR listed includes a .25% discount for Dutch Point Credit Union being in first lienholder position. $10,000 minimum loan amount and $150,000 maximum loan amount for terms up to 180 months with loan to value up to 80%. $50,000 minimum loan amount and $350,000 maximum loan amount for terms 181-240 months with loan to value up to 75%. 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 Home Equity loan of $25,000 with a 5-year term at 3.25% APR results in 60 monthly payments of approximately $18.09 per $1,000 borrowed. Payments do not include amounts for taxes and insurance premiums; if applicable, the actual payment obligation will be greater.