Reliable. Secure. Friendly.
Mortgage
In search of the perfect home or ready to refinance? Let us help. We offer low-cost, fixed rate 1st mortgages from 10 to 30 years, plus many other home loan options. Visit our Mortgage Center to learn more, or call us directly at (781) 438-3959, option 3.
Home Equity Products
Enhanced Home Equity Loans at Stoneham M E Federal Credit Union will help you feel more secure about your borrowing decisions and your future. As a homeowner, you can use your home’s equity to finance virtually anything, including home improvements, debt consolidation, family vacations, college tuition, and much more!
Contact one of our Loan Representatives today and ask for the Home Equity Application Package that best fits your needs.
Make balance inquiries, obtain payment information, or transfer loan payments through Online Banking
Interest may be tax-deductible (consult with your tax advisor)
Home Equity Line-of-Credit
Variable rate line-of-credits
Up to $150,000 LOC for qualified members with a rate set at the prime lending rate (as published in the Wall Street Journal). The minimum rate is 4.00%
Withdraw funds for up to 10 years
Borrow up to 80% of your home’s equity
Home Equity Loan
Low, fixed rates with terms for 5, 10, and 15 years
Generous loan amounts up to $150,000 for qualified members, or up to $200,000 if Stoneham M E Federal Credit Union is 1st Lienholder
Borrow up to 80% of your home’s equity