<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=827015880826282&amp;ev=PageView&amp;noscript=1">

Tap into Your Home’s Equity

Leverage the value of your home to fund your improvement projects, education, and more.

As low as 4.50

As low as 4.50

Annual Percentage Rate
Home Equity Loan

As low as Prime minus .25%

As low as Prime minus .25%

Annual Percentage Rate
Home Equity Line

Your home is more than just a place to live; it’s also your biggest investment. Put the value of your home to work for you with one of our home equity loans or lines of credit. Both are great options for gaining access to funds you can use for other expenses.

Young couple on couch looking at laptop

Home Equity Loan

A Home Equity Loan is a Fixed Rate Loan that you can set for 10 or even 15 years. These loans take the budgeting guesswork out by giving you one consistent monthly payment over the entire term of your loan.

Loan Details:

  • Fixed rate
  • Borrow up to $400,000 for 10 or 15 years
  • Interest may be tax deductible*
  • $625 Processing Fee 
  • No pre-payment penalty


Apply for a Home Equity Loan

Senior couple laughing while looking at tablet and taking notes

Home Equity Line of Credit (HELOC)

If flexibility is something you're looking for, a HELOC may be the perfect option. A HELOC is unique in that it is a revolving line of credit you can borrow against. Instead of withdrawing a set amount of funds all at once, you simply borrow as you go.

Loan Details:

  • Variable rate
  • Borrow up to $400,000 for 15 years
  • Interest may be tax deductible1
  • No application fee
  • No pre-payment penalty
  • Annual fee2
  • Free checks to conveniently access your line of credit

Apply for a Home Equity Line of Credit

couple-looking-at-improvement-plans

Investment Property Home Equity Loans and HELOCs

Investment Property Home Equity Loan Details:

  • Fixed Rate
  • Borrow up to $100,000 for 10 or 15 years
  • No pre-payment penalty 

Investment Property HELOC Details:

  • Variable Rate
  • Borrow up to $100,000 for 15 years
  • Free closing costs for property in Connecticut
  • Free checks to conveniently access your line of credit

Apply for an Investment Property Home Equity Loan

Annual Percentage Rate(s) shown are the lowest rates available.  Your actual rate may vary and can be higher based on creditworthiness. Terms shown are the best terms available.  Rates are subject to change without notice. Other restrictions may apply. For our most current rates, visit our Rates Page.

*MSCU does not provide tax advice. Always check with your tax professional regarding deductibility. 

HELOC Featured Rate Disclosure: New Home Equity Lines of Credit with a minimum rate of 4.00% nor exceed a maximum of 18.00%. A variable rate will apply based on The Wall Street Journal Prime Rate. The APR shown is our lowest available, your rate may be higher depending on credit history and underwriting criteria. Advertised rates assume maximum loan to value of 75%. Maximum Line amount of $400,000. Term is 15 years. 1Consult your tax advisor regarding the deductibility of interest. Subject to appraisal and credit approval. Offer may be withdrawn at any time. 2A $50 annual HELOC fee will be charged annually during the 5-year draw period. Proof of homeowner’s insurance required. CT owner-occupied properties only. Membership in Mutual Security Credit Union is required with a minimum $5 deposit into a Membership Account. Other terms and conditions may apply.

*APY = Annual Percentage Yield | APR = Annual Percentage Rate
F = Fixed Rate | V = Variable Rate
LTV = Loan-to-Value

We are here to help you.

Working together to find solutions to your banking needs

Apply Now