Make life happen with the equity in your home.
Are you looking to renovate or build an addition? Maybe you’re planning for a wedding, a vacation or just to pay off credit cards? We can help make that happen with a Home Equity 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!
Conventional Mortgage Rates
| Conforming - 30 Year Fixed Rate | ||||
|---|---|---|---|---|
| Rate | Points | APR | Lock Period | Payment per Thousand |
|
6.625%
|
0
|
6.705%
|
50 Days
|
$6.40
|
| Conforming - 20 Year Fixed Rate | ||||
| Rate | Points | APR | Lock Period | Payment per Thousand |
|
6.375%
|
0
|
6.536%
|
50 Days
|
$7.38
|
| Conforming - 15 Year Fixed Rate | ||||
| Rate | Points | APR | Lock Period | Payment per Thousand |
|
6.125%
|
0
|
6.322%
|
50 Days
|
$8.51
|
| Conforming - 10 Year Fixed Rate | ||||
| Rate | Points | APR | Lock Period | Payment per Thousand |
|
6.125%
|
0
|
6.399%
|
50 Days
|
$11.16
|
| Conforming - 10/1 Adjustable Rate | ||||
| Rate | Points | APR | Lock Period | Payment per Thousand |
|
6.250%
|
0
|
6.912%
|
50 Days
|
$6.16
|
Home Equity & Lines of Credit
| Home Equity Loan - 20 Year Fixed Rate | ||||
|---|---|---|---|---|
| Rate | Points | APR | Lock Period | Payment per Thousand |
|
9.000%
|
0
|
9.213%
|
50 Days
|
$9.00
|
| Home Equity Loan - 15 Year Fixed Rate | ||||
| Rate | Points | APR | Lock Period | Payment per Thousand |
|
8.750%
|
0
|
9.004%
|
50 Days
|
$9.99
|
| Home Equity Line of Credit (HELOC) | ||||
| APR | APR (w/ Auto Pay) | Lock Period | Comments/Conditions: | |
|
8.750%
Prime +.50%
|
8.250%
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 |
|
5.750%
|
0
|
7.083%
|
50 Days
|
$5.84
|
| Jumbo - 10/1 Adjustable Rate | ||||
| Rate | Points | APR | Lock Period | Payment per Thousand |
|
6.250%
|
0
|
6.871%
|
50 Days
|
$6.16
|