Skip to main content

UMass Amherst Branch Closed May 20, 2022. Please note our UMass Amherst campus branch will be closed for the remainder of the week. Members are welcome to visit our Hadley Branch for any of your banking needs, and are encouraged to schedule an appointment in advance. As always, our online and mobile banking services remain available for your convenience, which includes the ability to deposit checks using our mobile banking app.

Home Equity Line of Credit


Our Home Equity Line of Credit offers the convenience of being there when you need it. Draw only what you need, and make monthly payments based on your balance.


Hero Image Full

With a line of equity available to you, you'll never have to worry about last minute budgeting for surprise repairs.


Simply borrow what you need to fund your project, whenever you need it. You'll only pay back what you use.


Consolidate Existing Debt

If you’re looking to consolidate existing debt or lower your interest rate, a Home Equity Line of Credit is a great choice.

Make an Improvement to Your Home.

Looking to finance your next home improvement project, and have equity in your home that you can use? The Home Equity Line of Credit could be your answer.

Competitive Interest Rates 

Our interest rate is priced below the Prime rate, allowing you to keep more of your equity.

Home Equity Line of Credit Rates

Product Annual Percentage Rate Max Term
Up to 80% Loan-to-Value Special Introductory Rate^ 2.24% 12 Month Intro Period
Up to 80% Loan-to-Value Home Equity Line of Credit 3.50% 10 year draw, 10 year repay 
Over 80% to 90% Loan-to-Value Home Equity Line of Credit 4.50% 10 year draw, 10 year repay 


^Introductory 2.24% APR available for first 12 months, whether or not funds have been advanced during that time, if loan is approved prior to June 30, 2022. After 12 months, your interest rate will be variable based on the Prime Rate. The current prime rate is 3.50%. This offer is subject to an evaluation of applicant credit, appraised value of the home, and existing liens.

Ready to Apply for a Home Equity Line of Credit?