Home Equity Line of Credit

Winter is here. Is your home ready?

Take advantage of our Home Equity Line of Credit with rates as low as 2.99% APR* for 12 months with $10,000 minimum draw at closing.

From home improvements to higher education, a Home Equity Line of Credit can help make your dreams a reality. Apply today and enjoy:

  • No Closing Costs†
  • No Annual Fee
  • Minimum Payments – Interest-only during draw period
  • Revolving Credit Limit based on available equity in your home
  • Draw funds as needed, typically by check
  • No Pre-payment Penalty
  • Variable interest rate based on Prime Rate
  • Up to 100% total loan-to-value
  • Minimum loan amount $10,000

Ready to get started?

Apply Now

Still have questions? Visit us at a branch near you. 

Groton Main Office & Headquarters
60 Colver Avenue
Groton, CT 06340

New Haven, CT (at Post Office)
50 Brewery St.
New Haven, CT 06511

Pfizer Groton (restricted access)
445 Eastern Point Road
Amenities Corridor, Building 220


*APR = Annual Percentage Rate. 10-year draw period. Promotional rate is good online or in person for qualifying members with a credit score of 680 or above. Promotional rate will apply for 12 months from loan opening date. After that period, rate will increase to current rate of as low as Prime Rate minus 0.50% OR floor of 3.00%, whichever is greater. After promotional period, rate will never go below 3.00% and will never go above 18.00%. Current Prime Rate is 4.75% as of October 20, 2019. Primary Residences only. Up to 80% Total Loan-to-Value for qualified loan. $250,000 maximum. All loans are subject to credit approval. Your overall creditworthiness may determine interest rate available to you. Offer valid November 1 – January 31, 2020. † Fees and charges may apply. This credit union is federally insured by the National Credit Union Administration and is an Equal Housing Lender