Workers Credit Union

Real Estate Loans

Workers' offers mortgage loans with fixed and variable rates and an assortment of terms. Also, with a Home Equity Line of Credit or Loan, the equity value in the home is put to work. We also promise to make the application process as easy and stress free as possible.

Mortgages                                                                

Chances are we helped your grandparents buy their home.

For nearly a century, Central Massachusetts residents have trusted Workers' Credit Union for their home mortgages.  All lending decisions are made locally by people who live and work in your communities, you can make payments at the branches and your loan will be serviced by Workers’ Credit Union.

To provide you with the most up-to-date technology, we’ve partnered with myCUmortgage, a long-time provider of on-line mortgage information software currently used by more than 50 credit unions in the U.S.  This partnership allows us to provide the member friendly online mortgage information.  

We invite you to visit the site and use the Loan Consultant program to help determine which mortgage is right for you; interactive calculators to see if you can afford the home you want; and get pre-approved before you go house shopping.

At Workers' Credit Union, your dreams are safe with us – just ask a neighbor.

Reverse Mortgages

Keep your Independence. Keep your Quality of Life.

If you’re a homeowner age 62 or older, you can safely tap into your home equity with a reverse mortgage. Use the tax-free cash to pay off your existing mortgage and even make home repairs and improvements.

Contact us today to learn more.

• Choose a lump sum, line of credit, or monthly income
• Stay in your home and retain the title
• No monthly mortgage payments required

For more information, contact Jeff Mitchell at 1-800-221-4020 x 7087 or 978-353-7087.

Click here for Frequently Asked Questions

Home Equity Lines of Credit                                    

• Workers' Home Equity line of credit rates are variable and adjusts monthly
• The credit line is accessed by check or cash withdrawal for ten years
• Payments is a minimum of interest only for the first ten years
• Principal payments may be made at the borrower's discretion
• After the first ten years, the re-payment is interest plus principal
• Payment of more than the minimum can be made without penalty
• The borrowers home acts as collateral for the line of credit
• The home must be a one to four family owner-occupied dwelling
• There is no check charges and no transaction fees
• Workers' offers the option to convert all or part of your line of credit to a
  fixed-rate equity loan at any time

Please check our rate page for line of credit specials and terms and conditions.

Home Equity Lines of Credit rates and Terms and Conditions
Apply for a Home Equity Line of Credit now

Home Equity Loans

• A fixed rate of interest for the entire term of the loan
• Up to 20 years to re-pay the loan
• The borrowers home acts as collateral
• Payment of more than the minimum at any time without penalty
• The home must be a one to four family owner-occupied dwelling

Please check our rate page for loan specials and terms and conditions.

Home Equity Loan rates and Terms and Conditions
Apply for a Home Equity Loan now

Homeowners Insurance

Workers' is partnered with Heritage Insurance. Members get homeowners insurance at a discount! Click here to find out more.