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Favorable Terms, Exceptional Service

Life’s big purchases require smart loan options, and that’s what Workers Credit Union is all about. For a home, vehicle or anything else, see how our rates help Massachusetts members.

Auto LoansMotorcycle LoansRV LoansJet Ski & Snowmobile LoansMortgages | Finish Line Refi
Home Equity Loans & Lines of Credit | Solar Loans | Personal Loans

Auto Loans

New Auto Loan (new – 2013: 100% financing available) over $5,000
Used Auto Loan (100% financing available) over $5,000 Max term is 84 Months
For vehicles older than 2006 please call 978-345-1021.

  APRPayment per
$1,000
Based On
2014–new - 39 to 66 Monthsas low as3.74%$16.7966 Months
2014–new - 67 to 78 Monthsas low as4.25%$14.7078 Months
2014–new - 79 to 84 Monthsas low as5.99%$14.6184 Months
2011–2013 - Up to 66 Monthsas low as3.74%$16.7966 Months
2010 and Older - Up to 48 Monthsas low as5.49%$23.2648 Months

Motorcycle Loans

100% Financing Available APRPayment Per
$1,000
Based On
Up to 66 Months1as low as3.25%$16.5766 Months
67 to 78 Months1as low as4.25%$14.7078 Months

RV Loans

100% Financing Available up to $150,000 APRPayment per
$1,000
Based On
Up to 84 Months1as low as7.99%$15.5984 Months
85 to 144 Months1as low as5.75%$9.64144 Months
145 to 240 Months1as low as5.49%$6.88240 Months

Jet Ski & Snowmobile Loans

100% Financing Available APRPayment Per
$1,000
Based On
Up to 36 Months1as low as7.99%$31.3336 Months
37 to 60 Months1as low as8.99%$20.7560 Months

1All above rates represent the lowest possible rates currently offered. See full disclaimer at the bottom of this page.

 

Mortgages

TermRate
Points
APRPayment Per
$1,000
Single Family Fixed Rate1
30 Years4.625%
1
4.798%$5.14
4.750%
0
4.836%$5.22
20 Years4.500%
1
4.736%$6.33
4.625%
0
4.742%$6.39
15 Years4.375%
1
4.675%$7.59
4.500%
0
4.648%$7.65
10 Years4.125%
1
4.553%$10.18
4.250%
0
4.462%$10.24
Adjustable Rate2
5/1 ARM - 30 Years3.990%
0
4.943%$4.77
7/1 ARM - 30 Years4.125%
0
4.850%$4.85
10/1 ARM - 30 Years4.250%
0
4.749%$4.92
Jumbo Fixed Rate3
30 Year Jumbo4.875%
0
4.893%$5.29
Government Loans4
FHA4.750%
0
5.825%$5.22
VA4.750%
0
4.964%$5.22
USDA4.750%
0
5.825%$5.22

1All Annual Percentage Rates (APRs) are based on $100,000 loan to purchase a single family primary residence at an 60% Loan-to-Value (LTV) and a FICO Score of 740 or greater unless otherwise noted. Conforming Fixed Rate Loan Limits: 1 family $453,100; 2 family $580,150; 3 family $701,250; 4 family $871,450. Reduced Closing Cost Option-Ask us about how we can greatly reduce your closing costs with alternative pricing options.

2Adjustable Rate Mortgage (ARM) rates for purchase and refinance of 1-4 family owner-occupied properties only. . Rates on ARMs may increase after closing at applicable adjustment term.  Maximum loan amount of $2,000,000 at an 80% Loan-To-Value (LTV). All APRs are based on $100,000 loan to purchase a single family primary residence at an 60% LTV.  ARMS  10/1, 5/1, 7/1:      Caps 2% per adjustment and 6% over the lifetime of the loan.  Index is 1 year treasury bill.  Margin is 2.75%.

3All Annual Percentage Rates (APRs) are based on $480,000 loan to purchase a single family primary residence at an 75% Loan-To-Value (LTV) and a FICO Score of 740 or greater unless otherwise noted. Jumbo Rate Loan limits: 1 family $2,000,000 at 80% LTV. Lesser loan limits apply on LTVs greater than 80%.

4Interest rates assume a purchase transaction of $100,000.00 on a single family primary residence with a down payment of 3.5 percent. VA, FHA & USDA Mortgages are not included in Workers Credit Union’s GiveBack Program. Programs for primary residence only.  Programs subject to change.

 

Workers Finish Line Refi1

Pay off your mortgage before you retire. The Finish Line Refi has a 7-year term at 3.99% APR and a 12-year term at 4.625% APR with no closing costs and only a $399 non-refundable application fee! Now you CAN finish that mortgage before you retire!

Workers Finish Line Refi1APRPayment Per
$1,000
Based On
5–7 years, $50,000 minimum3.99%$13.6784 Months
8–10 years, $50,000 minimum4.25%$10.24120 Months
11–12 years, $50,000 minimum4.625%$9.06144 Months

1Annual Percentage Rate (APR) includes a .50% discount for automatic electronic loan payments from any Workers’ Checking Account. Other rates and terms are available. Homeowners insurance required. $399 non-refundable application fee. Minimum loan amount $50,000. Terms are a minimum of 5 years and a maximum of 12 years. Borrower is responsible for property insurance and any cost or fees required by their current lender to have the loan refinanced with Workers’ Credit Union. Maximum loan amount not to exceed 80% of property value. The program is available only for refinances of single-family, owner-occupied primary residences. See full disclosure at the bottom of this page.

 

Home Equity Loans & Lines of Credit

Home Equity Line of Credit – 80% Financing

Home Equity Line of Credit1,2
Interest Rate
  
Home Equity Line of Credit1,2Prime minus 1.00%

Home Equity Loans – 80% Financing

Home Equity Fixed Rate LoansAPR
Monthly Payment
per $1000
Based On
Up to 60 Months, $25,000 minimum1,34.24%
$18.53
60 Months
Up to 120 Months $25,000 minimum1,34.625%
$10.43
120 Months
Up to 180 Months, $25,000 minimum1,34.99%
$7.91
180 Months
Up to 240 Months $25,000 minimum1,35.49%
$6.88
240 Months

1See full disclosure at the bottom of this page.
2There is a 10-year draw period and a 10-year repayment period. An annual fee of $30 will be waived if the borrower has the monthly payment paid automatically from a Workers Checking Account. Offer applies to new Workers Credit Union lines only. Maximum combined loan to value is 80% for owner-occupied primary residence and 75% for owner-occupied second homes. Homeowner’s insurance is required. $350 early termination fee will be charged if discharged within the first two years. Subject to normal underwriting requirements. Current Wall Street Journal Prime is 5.25%. Maximum interest rate is 18%. Minimum interest rate is 2.99%. Minimum line amount is $25,000.
3Annual Percentage Rate (APR) includes a .50% discount for automatic electronic loan payments from any Workers Checking Account. Rates subject to change without notice. Offers may be withdrawn at any time. Workers Credit Union membership required. Other restrictions may apply. Maximum combined loan to value is 80% for owner-occupied primary residence and 75% for owner-occupied second homes. Homeowner’s insurance is required. Subject to normal underwriting requirements. Minimum loan amount is $25,000.

Home Equity Line of Credit – 100% Financing

Home Equity Line of Credit1,2Interest Rate
Home Equity Line of Credit1,2Prime +1.50%

Home Equity Loans – 100% Financing

Home Equity Fixed Rate LoansAPRPayment per
$1,000
Based On
Up to 60 Months, $25,000 minimum1,35.99%$19.3360 Months
Up to 120 Months, $25,000 minimum1,36.125%$11.17120 Months
Up to 180 Months, $25,000 minimum1,36.99%$8.99180 Months
Up to 240 Months, $25,000 minimum1,37.24%$7.90240 Months

1See full disclosure at the bottom of this page.
2Interest Rate will be set on the first business day of each month at  1.50% above the Prime Rate published in the Wall Street Journal on the last business day of each month. The current Wall Street Journal Prime is 5.25%. Maximum rate is 18%. Minimum rate is 5.00%. There is a 10-year draw period and a 10-year repayment period. Maximum loan to value is 100%. An annual fee of $30 will be waived if the borrower has the monthly payment paid automatically from a Workers Checking Account. $350 early termination fee will be charged if discharged within the first two years. Offer applies to new loans only on owner-occupied single family and condominiums only. Homeowners insurance required.
3Annual Percentage Rate (APR) includes a .50% discount for automatic electronic loan payments from any Workers’ Checking Account. Rates subject to change without notice. Offers may be withdrawn at any time. Workers’ Credit Union membership required. Other restrictions may apply. Maximum combined loan to value is 100% for owner-occupied primary residence. Homeowner’s insurance is required. Subject to normal underwriting requirements. Minimum loan amount is $25,000.

 

Solar Loans

80% Home Equity Solar Loan

Home Equity Fixed Rate LoansAPRPayment Per
$1,000
Based On
Up to 84 months, $25,000 Minimum1,2,33.99%$13.6784 Months
Up to 144 months, $25,000 Minimum1,2,34.50%$9.01144 Months

100% Home Equity Solar Loan

Home Equity Fixed Rate LoansAPRPayment Per
$1,000
Based On
Up to 84 Months, $24,000 Minimum1,3,45.50%$14.3884 Months
Up to 144 Months, $24,000 Minimum1,3,45.99%$9.76144 Months

1See full disclosure at the bottom of this page.
2Annual Percentage Rate (APR) includes a .50% discount for automatic electronic loan payments from any Workers Checking Account. Other rates and terms are available. Maximum 80% loan to value ratio. Offer applies to new loans only on owner-occupied primary residence and second home. Homeowners insurance required.
3Subject to specific credit requirements due to additional credit union insurance. Copy of solar installation contract required.
4Annual Percentage Rate (APR) includes a .50% discount for automatic electronic loan payments from any Workers Checking Account. Other rates and terms are available. Rates subject to change without notice. Maximum 100% loan to value ratio. Offer applies to new loans only on owner-occupied single family and condominiums only. Homeowners insurance required.

 

Personal Loans

  APRPayment Per
$1,000
Based On
Up to 72 Monthsas low as7.99%$17.5372 Months

1All above rates represent the lowest possible rates currently offered. Rates subject to change without notice. Offers may be withdrawn at any time. Workers’ Credit Union membership required. Subject to our normal credit requirements.

Checking Account Tools

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Mortgage Rates

30 Year Fixed
4.750% Rate  4.836% APR*

cuSave Online Savings

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Disclaimer

Subject to our normal credit requirements. Rates subject to change without notice unless otherwise noted.

Annual Percentage Yield (APY)

Offers may be withdrawn at any time.

Workers Credit Union membership required. Membership established by opening a $5 membership savings account.

More for your money

As a member of Workers, you are enrolled in our GiveBack program automatically. Don't believe us, see how much you could earn each year. Plus, enjoy access to valuable member resources and programs.