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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 LoansRV LoanMortgage | Finish Line Refi | Personal Loans
Home Equity Loans and Lines of Credit

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
2013 - new - 39 to 66 Monthsas low as3.25%$16.5766 Months
2013 - new - 67 to 78 Monthsas low as4.25%$14.7078 Months
2013 - new - 79 to 84 Monthsas low as4.99%$14.1384 Months
2010 - 2012 - Up to 66 Monthsas low as3.25%$16.5766 Months
2009 and Older - Up to 48 Monthsas low as4.99%$23.0348 Months

RV Loan Rates

  APRPayment per
$1,000
Based On
Up to 84 Monthsas low as5.49%$14.3784 Months
85 to 144 Monthsas low as4.69%$9.10144 Months
145 - 240 Monthsas low as4.69%$6.44240 Months

1. All 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 Offers may be withdrawn at any time.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.

Mortgage Rates

TermRate
Points
APRPayment Per
$1,000
Single Family Fixed Rate*
30 Years4.750%
1
4.924%$5.22
4.875%
0
4.962%$5.29
20 Years4.625%
1
4.861%$6.39
4.750%
0
4.867%$6.46
15 Years4.250%
1
4.548%$7.52
4.375%
0
4.522%$7.59
10 Years4.125%
1
4.550%$10.18
4.250%
0
4.461%$10.24
Adjustable Rate**
5/1 ARM - 30 Years3.875%
0
4.724%$4.70
7/1 ARM - 30 Years4.000%
0
4.655%$4.77
10/1 ARM - 30 Years4.125%
0
4.588%$4.85
Jumbo Fixed Rate***
30 Year Jumbo4.875%
0
4.893%$5.29
Government Loans****
FHA5.000%
0
6.075%$5.37
VA5.250%
0
5.471%$5.52
USDA5.000%
0
6.075%$5.37

*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.

**Adjustable 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%.

***All 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%.
****interest 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 Refi*

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 Refi*APRPayment Per
$1,000
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

*Annual 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. Subject to our normal credit requirements. Offer may be withdrawn without notice. Workers Credit Union membership required. Rates subject to change without notice. $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.

Home Equity Loans and Lines of Credit

Home Equity Line of Credit-80% Financing

Home Equity Line of Credit1
Interest Rate
  
Home Equity Line of Credit1Prime minus 1.00%

1. Rates subject to change without notice. Offers may be withdrawn at any time. Workers’ Credit Union membership required. Other restrictions may apply.There is a 10-year draw period and a 10-year repayment period. Maximum combined loan to value is 80% for owner-occupied primary residence and 75% for owner-occupied second homes. 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 CU lines only. Homeowner’s insurance is required. $350 early termination fee will be charged if discharged within the first two years. Subject to normal underwriting requirements. Maximum interest rate is 18%. Minimum interest rate is 2.99% Current Wall Street Journal Prime is 5.00%.  Minimum line amount is $25,000.

Home Equity Loans-80% Financing

Home Equity Fixed Rate LoansAPR
Monthly Payment
per $1000
BASED ON
Up to 60 Months, $25,000 minimum14.24%
$18.53
60 Months
Up to 120 Months $25,000 minimum14.49%
$10.36
120 Months
Up to 180 Months, $25,000 minimum14.75%
$7.78
180 Months
Up to 240 Months $25,000 minimum15.24%
$6.73
240 Months

1. Annual 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 Loans and Home Equity Lines of Credit-100% Financing

 APR
Home Equity Line of CreditPrime +1.50%1
Home Equity Fixed Rate Loans5.99%Payment per
$1,000
Based On
Up to 60 Months, $25,000 minimum15.99%1,2$19.3360 Months
Up to 120 Months $25,000 minimum15.99%1,2$11.10120 Months
Up to 180 Months, $25,000 minimum16.75%1,2$8.85180 Months
Up to 240 Months $25,000 minimum16.99%1,2$7.75240 Months

1. Rates subject to change without notice. Offers may be withdrawn at any time. Workers’ Credit Union membership required. Other restrictions may apply.
There is a 10-year draw period and a 10-year repayment period. Maximum combined loan to value is 100% for owner-occupied primary residence. 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 CU lines only. Homeowner’s insurance is required. $350 early termination fee will be charged if discharged within the first two years. Subject to normal underwriting requirements. Maximum interest rate is 18%. Minimum interest rate is 5.00% Current Wall Street Journal Prime is 5.00%.  Minimum line amount is $25,000.
2. Annual 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.

Personal Loans

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

1. All 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
4.875% Rate  4.962% APR*

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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.