1 more

Last Updated: 04/18/2025

Tremont CU Fixed Rate Home Equity Loan

from Tremont Credit Union

Last Updated: 04/18/2025

No Reviews Yet

This product has no reviews yet. Help others by sharing your thoughts.

Be the first to rate

Explore a similar product

Try this top product in Home Equity Loans

AmeriSave Home Equity Loans

Strongly recommended25 reviews

Visit Site

Compare All Home Equity Loans

Filter & compare all your options in one place.

View All Products

Highlights

Credit Score Range

N/A

Amount Range

Up to $350,000

Maximum LTV

80%

Loan Term (Years)

5 - 20

Tremont CU Fixed Rate Home Equity Loan Review

Tremont CU Fixed Rate Home Equity Loan is offered by Tremont Credit Union (NMLS #789578), a credit union founded in 1952 and based in Milton, MA. Tremont CU Fixed Rate Home Equity Loan are available in 50 states, 5 US territories, and Washington, DC.

Key Takeaways

No primary residences considered. Tremont CU Fixed Rate Home Equity Loan does not offer financing for primary homes.
Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
Maximum LTV. Tremont CU Fixed Rate Home Equity Loan has a maximum loan to value ratio of 80%.

Tremont CU Fixed Rate Home Equity Loan Pros & Cons

Pros

Cons

Available in 55 states.

Charges an origination fee.
Charges prepayment fees.
No co-sign option available.

Tremont CU Fixed Rate Home Equity Loan FAQ

How much can you borrow with a Tremont CU Fixed Rate Home Equity Loan home equity loan?

A home equity loan allows homeowners to borrow money using their home as collateral (similar to a mortgage). Loan amounts vary depending on the value of the home minus the balance of any mortgages or liens on the property.

Tremont CU Fixed Rate Home Equity Loan allows borrowers to apply for home equity loans of up to $350,000. The actual maximum loan amount will vary depending on the value of the property, how much you owe on it, and your creditworthiness.

What are the home equity loan requirements of Tremont CU Fixed Rate Home Equity Loan

This lender's maximum loan to value rate is 80%. That means the total debt secured by the property cannot exceed 80% of its value. Let's say you own a property with a current market value of $100k, but you still owe $20k on your mortgage. Your equity would be $80k. In this scenario, if you have good credit, you may qualify for a line of credit of up to $60k.

Generally, the APRs of home equity loans do not include points and financing charges, just the interest rate.

What fees does Tremont CU Fixed Rate Home Equity Loan charge for a home equity loan?

Tremont CU Fixed Rate Home Equity Loan may charge a loan origination fee

Is Tremont Credit Union a legit company?

Tremont Credit Union was founded in 1952, it is a well-established company that has been in business for 74 years.

Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

2 Granite Ave

Suite 101

Milton, MA 02186

(781) 843-5626

Visit Site

Email Support

Hours of Operation

Sunday

Closed

Monday

9:00AM - 5:00PM

Tuesday

9:00AM - 5:00PM

Wednesday

9:00AM - 5:00PM

Thursday

9:00AM - 5:00PM

Friday

9:00AM - 5:00PM

Saturday

Closed

Other Services by Tremont Credit Union

Business Checking Accounts

Be the first to rate

Business Savings Accounts

Be the first to rate

CD Accounts

Be the first to rate

Checking Accounts

5 products

Be the first to rate

Money Market Accounts

Be the first to rate

Savings Accounts

5 products

Be the first to rate

Business Credit Cards

4 products

Be the first to rate

Credit Cards

8 products

Be the first to rate

Auto Loans

3 products

Be the first to rate

Personal Loans

3 products

Be the first to rate

Home Equity Lines of Credit

Be the first to rate

SuperMoney Net Recommendation Score

This product has no reviews yet. Help others by sharing your thoughts.

-1000+100

No one recommends

Everyone recommends

The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.