We’ll find the right loan for you. Learn about our home equity options.

If you’re dreaming of ideal landscaping, a spacious patio or even an in-law suite, now is the perfect time to lock in the best rate for all your home improvement plans. We make it easy to get the most out of your home with a home equity loan or line of credit. Because our lending decisions are made on the Cape, you’re assured a fast response. Plus, our local Cape Cod loan experts will match you with the right loan.

Home Equity Line of Credit

  • Easy access to funds as you need them.
  • Pay interest on only what you use.
  • You’re able to access the HELOC funds again once they’ve been paid back, similar to a credit card.
  • Interest may be tax deductible1

Let’s talk about how The Coop team can help you make your next dream come true.

Home Equity Loans

Designed to be in 1st- or 2nd-lien position, this fixed-rate loan allows you to take equity out of a home you already own. You can use the equity to secure low-interest financing on a loan to use for your next big purchase. Whether you’re considering home improvement- or consolidating debt, a home equity loan can provide you with the funds you need.

  • Use funds for almost anything
  • Based on the home’s value
  • Fixed rate and term
  • Lines of credit available
  • Interest may be tax deductible1
  • Discount for automatic payment
  • Local decisions and underwriting
  • Fast & easy online application process

Let’s build your dream together. Get started on your Home Equity Line or Loan today!

Start Your Application

 

Conventional Mortgage Rates

Conforming - 30 Year Fixed Rate
Rate Points APR Lock Period Payment per Thousand
3.125%
0
3.214%
55 Days
$4.28
Conforming - 20 Year Fixed Rate
Rate Points APR Lock Period Payment per Thousand
2.875%
0
2.997%
55 Days
$5.48
Conforming - 15 Year Fixed Rate
Rate Points APR Lock Period Payment per Thousand
2.500%
0
2.652%
55 Days
$6.67
Conforming - 10 Year Fixed Rate
Rate Points APR Lock Period Payment per Thousand
2.375%
0
2.595%
55 Days
$9.37
Conforming - 10/1 Adjustable Rate
Rate Points APR Lock Period Payment per Thousand
2.875%
0
2.961%
55 Days
$4.15

Home Equity & Lines of Credit

Home Equity Loan - 20 Year Fixed Rate
Rate Points APR Lock Period Payment per Thousand
4.000%
0
4.128%
55 Days
$6.06
Home Equity Loan - 15 Year Fixed Rate
Rate Points APR Lock Period Payment per Thousand
3.750%
0
3.910%
55 Days
$7.27
Home Equity Line of Credit (HELOC)
APR APR (w/ Auto Pay) Lock Period Comments/Conditions:
3.750% Prime +.50%
3.250% Prime + 0.0%
55 Days
No minimum draw required at closing. APR subject to Prime rate. See important disclosures and assumptions.

Jumbo Mortgage Rates

Jumbo - 5/1 Adjustable Rate
Rate Points APR Lock Period Payment per Thousand
2.750%
0
2.878%
55 Days
$4.08
Jumbo - 10/1 Adjustable Rate
Rate Points APR Lock Period Payment per Thousand
2.875%
0
2.922%
55 Days
$4.15