Here are the house rules for a Workers’ Home Equity Loan:*

  • Nice price. Get a five-year loan for as little as 4.240% APR.
  • Numerous options. Your equity is the ratio between your current mortgage balance and your home’s market value. Both 80%1 and 100%2 loan-to-value options are available.
  • No rush. Loans are available with repayment terms of up to 240 months.
  • No surprises. Rates are fixed, which means they won’t rise during the life of your loan.
  • Necessary disclaimer. Interest on loans may be tax deductible. Consult your tax adviser to see if you qualify.

Money in Your Hands at the Right Moment

It’s common advice: Don’t buy something until you can afford it. But life’s big moments can come when you’re not swimming in savings. You can’t wait to renovate the nursery if Baby is due in two months. You can’t put off that family trip because Grandma won’t be around forever. You can’t ignore the medical bills when illness strikes. When you need money for remodeling or major emergencies, leverage the value of your house and apply for a low-cost Workers’ home equity loan. Because we know that sometimes you don’t have a moment to spare.

Apply Online

Convenient Locations

Workers Credit Union provides in-person banking services and financial coaching at locations in Worcester, Lowell, Fitchburg, Gardner, Chelmsford, Westford, Groton, Townsend, Lunenburg, Lancaster, Leominster, Athol, Hudson, and Orange, MA.

Apply for your Home Equity Loan online or contact us with any questions.

Home Equity Loan PAIRS WELL WITH...

Not ready to make the jump? Take a look at some of the other options, we’re sure you’ll find what you were looking for.

Mortgage Rates

30 Year Fixed
2.875% Rate  2.955% APR*

Auto Loans

Get in gear with a Auto Loan as low as 3.49% APR*


The Annual Percentage Rate (APR) on our home equity loan is as low as 4.240% APR up to 60 Months. The monthly payment on a 60-month home equity loan per $1,000 borrowed is $18.53. Annual Percentage Rates include a 0.50% discount for electronic payments for your home equity loan from a Workers Checking Account. Subject to credit underwriting. Rates subject to change at any time. Workers Federal Credit Union membership required. Other restrictions may apply.

Please consult your tax advisor to see if you qualify.

Other rates and terms on Workers’ home equity loans are available.


1Maximum combined loan to value is 80% for owner-occupied primary residence and 75% for owner-occupied second homes. Homeowner’s insurance is required. Minimum loan amount is $25,000.

2 Maximum combined loan to value is 100% for owner-occupied primary residence. Homeowner’s insurance is required. Minimum loan amount is $25,000.

A Safe Place for Your Money

As a member of Workers, take comfort in knowing that every dollar you deposit is safe, secure, and 100% insured. All deposits are fully insured by a combined insurance coverage of the NCUA, up to $250,000, and the MSIC covers the rest. Now that’s safe keeping.