Ready Line Home Equity Line of Credit
Does More Than Just Home Improvements

Looking for a great rate on a home equity line of credit (HELOC)? Take advantage of RTN’s Ready Line Home Equity Line of Credit at our discounted rate! Qualified members can receive the low variable rate of 0.50% below the prime lending rate (as listed in the Wall Street Journal on the statement cycle date). And what’s really special about this line of credit is that we offer a discounted variable rate that is good for the life of the loan.

Our Ready Line Home Equity Line of Credit offers:

  • Lines of credit are available from $20,000 to $250,000.
  • Available on 1- to 4-unit residential properties or second homes located in Massachusetts, Maine, New Hampshire and Rhode Island.
  •  Members will receive a checkbook in order to take advances at their discretion.
  • All standard costs are paid by RTN except for the registry of Deeds Fee. Appraisals may be ordered at the member’s expense.A cancellation fee of approximately $300 will apply if the line of credit is paid in full and closed within three years
  • For the first 10 years, interest-only monthly payments are due on the balance outstanding. See the Important Terms of our Ready Home Line of Credit provided at the time of application for all terms and conditions.
  • Additional payments can be made without penalty.
  • Current rates

Apply for Your RTN Ready Line Home Equity Line of Credit.

Our Mortgage Department is happy to help you if you have questions or would like more information. They can be reached at 781-736-9859.

Available for all U.S. citizens and permanent resident aliens. RTN Variable-Rate Home Equity Lines of Credit are available in MA, ME, NH and RI. The terms and conditions described herein are subject to change. The home equity variable rate is based on the prime lending rate as published in The Wall Street Journal on the statement cycle date and is subject to change. Please see full disclosure in the rates section.

Not a member? Join RTN today!

4 Responses to “Home Equity Line of Credit”

  1. Herve Falet

    Dear RTN Customer Service,

    Do you provide HELOC on investment properties? Our house is located in Brookline, MA. It is estimated at $905K on Zillow and our mortgage balance is at $515K.

    Thank you,

    • RTN

      Hi Herve: Thanks for your comment. The Credit Union does offer lines of credit secured by residential investment properties, with certain conditions. Our Senior Commercial Services Officer Tim Brown would be happy to review details with you. You may reach him at 781-736-9984 (office), 781-727-7286 (cell) or


    I would like to speak with a representative about a home equity loan or line of credit. I ned to replace my roof and replace my heating and cooling unit.
    Thank you.
    Kathleen Espino

    • RTN

      Hi Kathleen: Thank you for reaching out to us. A representative will be contacting you soon about an RTN home loan, and will be able to review your options with you. Thanks again for contacting us, and have a great day!


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