Term Rate
Equity Line Of Credit
Introductory rate for first 12 months 15 Year Draw Period 1.99% APR† then variable APR equal to Prime Rate, with a minimum APR of 4.00% (4.25% APR as of 10/13/17)
Equity Loans
5 years 3.75% APR*
10 years 3.875% APR*
15 years 4.125% APR*
20 years 4.375% APR*
Spectrum Home Loan
12 years 2.99% APR**

Rates are subject to change without notice. Other rates and terms available. Interest rate will be determined by individual creditworthiness.

†Advertised Introductory 1.99% Annual Percentage Rate (APR) is the lowest available and is fixed for the first 12 months. Offer applicable for applicants with a credit score of 700 or higher. After initial 12 monthly billing cycles, rate becomes variable based on Prime, with a floor of 4.00% (4.25% APR as of 10/13/17). Interest rate and line amount determined by individual creditworthiness and loan-to-value ratio. Account subject to individual approval. 1-4 family, owner-occupied, primary residence properties only. Property insurance (and flood insurance if applicable) required. Rate subject to change without notice. APR will not exceed 21% or fall below 4.00%. No annual fee for first year, then $50 per year. Existing PCU home equity lines/loans are not eligible for refinance with this promotion.

*Advertised APR available for qualifying properties with a loan-to-value (LTV) of 80% or less. Advertised APR is lowest available. Other rates and terms available. Property insurance (and flood insurance if applicable) required. Rate subject to change without notice. Interest rate will be determined by individual creditworthiness and loan-to-value ratio. Account subject to individual approval.1-4 family owner-occupied primary residence properties only.

**Existing Pawtucket Credit Union Spectrum Home Loans are not eligible for this promotion. 2.99% APR available for qualifying properties, first lien position equity, with a loan-to-value (LTV) of 80% or less, and a maximum repayment period of 144 months. A minimum credit score of 675 is required for all borrowers. Advertised APR is lowest available as of 10/13/17. Other rates and terms available. Property insurance (and flood insurance if applicable) required. Rate subject to change without notice. Account subject to individual approval. 1-4 family owner-occupied primary residence properties only. Repayment example: $8.27 per $1,000 borrowed, based on 2.99% APR, 144 monthly payments. Equal Housing Lender.

Repayment Examples

  • For equity loans: At 4.375% APR, 240 monthly payments of $6.26 per $1,000 borrowed.