Home Equity Rates

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No closing costs or origination fees
Great terms and rates
Equity loan & fixed rate advances

No closing costs or origination fees

Great terms and rates

Equity loan & fixed rate advances

Big purchases and big decisions can be stressful

We make it easier at WCCU. Our experts are here to help you decide on the loan you need to finance your next project, refinance your home, pay for college expenses, cover a home repair, and more! We will explain everything, answer all your questions and match you to the loan that fits your needs.

HOME EQUITY RATES

Flex Equity Line Of Credit

Program	Term	APR*	Loan Size	Monthly Payments per $1000 borrowed
Introductory Rate Special	6 Months	3.990%		varies
	36 Months	5.990%		varies
Line of Credit		8.250%	$10,000 - $500,000	varies
Fixed Rate Advance	5 years	5.875%		$19.28
	10 years	6.250%		$11.24
	15 years	6.625%		$8.79

^{*After 6 month or 36 month introductory rate period, the Annual Percentage Rate (APR) is variable based on the Prime Rate as published in the Wall Street Journal on the last day of each billing cycle as follows: $10,000-$500,000 is Prime-0.25%. APR will never be more than 18% or less than 3.25% after the initial fixed period. 1-4 family owner occupied properties only. 80% maximum combined loan to value. Minimum loan $10,000 (line of Credit), $5,000 (fixed Rate portion). Maximum loan is $500,000. The plan allows two fixed rate advances from your line at any given time during the 10 year draw period (repayment terms up to 15 years for each draw). Fixed rate advance rates will be those in effect at time of draw. Flood insurance may be required. Property insurance is required. Consult a tax advisor about the deductibility of interest. A cancellation fee will apply for loans terminated within 2 years of origination date. Other rates and terms available. Available for new lines only. $50 annual fee will be waived for 1st year. A recording fee will be charged at closing, RI-$74; CT-$105. Other restrictions may apply. WCCU NMLS ID # 518892.}

Refi Home Loan

Program	Term	APR*	Monthly Payments per $1000 borrowed
8 Year Refi Home Loan	8 years	5.625%	$12.97
12 Year Refi Home Loan	12 years	6.000%	$9.77
17 Year Refi Home Loan	17 years	6.375%	$805

^{*Annual Percentage Rate (APR) is effective as of and subject to change without notice. Rates shown require an “A” credit score of 720 or above. 0.75% point interest rate reduction requires automatic loan payments deducted from a WCCU Checking Account which must be scheduled at the time of loan closing. Owner occupied only. Minimum loan amount is $10,000. Maximum loan amount is $350,000. Not available for New Purchases. Other rates and terms available. Maximum loan-to-value 80%. Other restrictions may apply. Flood insurance may be required. Property insurance is required. Requires First Lien Position. A termination fee not to exceed the lesser of $500 or 2% of the loan amount will apply for loans terminated within two years of origination date. Recording, trust review, and advisory fees apply where applicable. Consult a tax advisor regarding the deductibility of interest. Monthly payments do not include insurance and taxes. WCCU NMLS ID # 518892.}

Home Improvement Loan

Term	APR*	Monthly Payments per $1000 borrowed
5 Years	6.75%	$19.69
7 Years	7.00%	$15.10
10 Years	7.25%	$11.75

^{*Annual Percentage Rate (APR) is effective as of and subject to change without notice. Rates shown are for members with an “A” credit score of 720 or above. 0.75% point interest rate reduction requires automatic loan payments deducted from a WCCU Checking Account which must be scheduled at the time of loan closing. Loan terms up to 10 years. Maximum amount that can be borrowed is $50,000. To be used for home improvements. Estimate for the project or an invoice or scope of the completed project is required. See a Loan Representative for more details. Payments do not reflect the addition of Payment Protection.}

Westerly Community Credit Union is a full-service credit union with Rhode Island branches in Westerly, Richmond, Wakefield, and Coventry.

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