as low as 4.75%

Be Smart. Borrow Smart.

With a Home Equity Line of Credit & rates as low as 4.75% APR*!

Springtime is almost here, and now is the perfect time for home improvements! Consider a HELOC from MIT FCU to get those projects started! Whether you need a new heating system, want to turn a spare room into an office, or something even bigger, we can help.​

Shopping around?
If you're in the first stages of learning more about Home Equity Loans or Lines, you can read more about the products we offer here, including rates, terms and more.

Want to speak to an expert?
We'd be happy to discuss the benefits of Home Equity Loans and Lines and why it might be the right option for you. Click here to have a representative reach out to you.

Ready to apply now?
If you've done your research and you know what you want, you can apply for a Home Equity Line of Credit now and get those projects started!

Whichever part of the process you are currently in, we're here to help! 

Home Equity Loans
If receiving your funds as a lump sum with a fixed rate for the term of the loan sounds more appealing to you, a Home Equity Loan might be the better option for you. 

If home improvements are not on the top of your to-do list, HELOCs and Home Equity Loans can also be used for tuition, medical expenses and debt consolidation. 



*APR = Annual Percentage Rate. 4.75% APR is for a monthly-adjustable Home Equity Line of Credit (HELOC) with a 10-year draw period and a 10-year payback period. Payment includes interest and principal and is amortized for the term of the loan. Payment example for a line of credit with a rate of 4.75% APR is 240 payments of $6.46 for each $1,000 borrowed. Payment example includes principal and interest only and does not include tax or insurance, which you may be required to pay independently. Different payments terms have different interest rates; please see our current rate sheet for details on other terms. Rates are indexed to the Wall Street Journal Prime Rate, are valid as of February 1, 2020, and are subject to change without notice.