Let Your Home Work for You.
With the funds available from the equity in your home, you can finance a college education, pay off other high-interest rate loans or credit cards or build that addition you’ve wanted. You may even take a substantial tax deduction for the interest paid on a home equity loan. Check with your financial advisor to be sure.
Fixed-Rate Home Equity Loans and Home Improvement Loans
- Up to 20 year terms
- Borrow from $15,000 to $250,000
- Borrow up to 80% of your home’s value or condominium (using the Automated Value Method or AVM), less your present mortgage; up to 85% if your first mortgage is with RTN
- Members are required to reimburse RTN FCU for closing costs if loan is paid off within the first 3 years
- Discounted rates available with direct deposit to an RTN FCU account and automated payment from an RTN FCU account
- Current rates
Available for all U.S. citizens and permanent resident aliens. RTN Fixed-Rate Home Equity Loans and Home Improvement Loans are available in MA, ME, NH and RI. The terms and conditions described herein are subject to change. Please see full disclosure in the rates section.
Our Mortgage Department is happy to help you if you have questions or would like more information. They can be reached at 781-736-9900, option 2.