There’s No Place Like Home
Home Equity Line of Credit

Fixed rates as low as 2.49%
for 12 months

Variable rates as low as 5.00%

Plus, no closing costs!**

Apply now to get started on your to-do list.

Your Home Equity Line of Credit is Great For:

  • Landscaping and Sprinkler Systems
  • Building a New Deck
  • Adding an Addition
  • Debt Consolidation
  • Paying Tuition
  • and More!

A Home Equity Line of Credit provides convenient access to your funds. You can borrow up to 80% if your equity and you pay interest on only what you use. Plus, there are no closing costs or application fees!**

Apply Now!Rates

*APR: Annual Percentage Rate. The first 12 months is a fixed introductory rate of 2.49% APR. After the introductory period, the APR will adjust monthly at the Wall Federally Insured by NCUA Street Journal prime rate minus 0.50%. As of 12/20/18, the prime rate is 5.50% as published in the Wall Street Journal. Prime rate for the remaining term of the line may change monthly. APR may vary but will not drop below 5.00% or exceed 18.00%. Approval subject to Naveo lending criteria and Naveo membership eligibility. Minimum approved credit line or loan is $5,000. Maximum approved credit line or loan is $250,000. Minimum credit score of 720. Maximum loan to value of 80%. Property must be 1- 4 family owner occupied or single-family vacation property located within 100 miles of the Somerville branch. Property insurance is required. All lines will be assessed a $45 annual fee. Rates and APRs may change at any time and vary according to the property and loan characteristics. Approval subject to Naveo lending criteria and Naveo membership eligibility. Consult your tax advisor regarding the tax benefits available to you. Additional terms and conditions may apply. Pricing adjustments may apply based upon credit score, CLTV, debt ratios and other loan characteristics.

**To avoid normal closing costs, line must have a credit limit of $25,000 or more and applicant must agree to an initial draw of at least $15,000 for the first 90 days. Early payment, within the first 36 months, requires repayment of closing costs.