Rates

¹ All Loans:  APR = Annual Percentage Rates and interest rates are based on our current pricing and are subject to change at any time without notice. Rates effective as of 9/3/2025 . Rates are determined by creditworthiness, combined loan-to value (CLTV), loan term, occupancy status, property type, property location and lien position so your rate could be higher. All available rates and terms are displayed on this page. Workers Federal Credit Union membership required.

²Fixed-Rate Single-Family Mortgages: Advertised rates are for conforming loans with an example loan amount of $100,000 and are based on the following loan assumptions – a first lien rate & term (no cash-out) refinance loan for a single-family, owner-occupied residence, with an LTV of 60% or less, credit score of 780 or higher, and based on a loan term displayed above. Conforming Fixed Rate Loan Limits: 1 family 832,750; 2 family 1,066,250; 3 family 1,288,800; 4 family 1,601,750. Additional loan programs are available, speak with a mortgage originator to determine eligibility. Mortgage insurance may be required depending on loan guidelines. All loans are subject to approval, other conditions may apply.

³Treasury Adjustable Rate Mortgage (TRS ARM):  Treasury Adjustable Rate Mortgage (TRS ARM) products are available for the purchase or refinance of eligible residential properties located in Massachusetts and New Hampshire. Product availability may vary based on occupancy type, property type, and loan purpose.

TRS ARM products feature an initial fixed-rate period followed by a variable-rate period. After the fixed-rate period ends, the interest rate may adjust periodically based on changes to an index plus a margin. The index used for TRS ARM products is the weekly average yield on United States Treasury securities adjusted to a constant maturity of one year, as published by the Federal Reserve Board. The current margin is 2.75%.

Interest rate adjustments are subject to contractual limitations and may result in increases or decreases to the interest rate and payment amount over the life of the loan. Property eligibility, occupancy requirements, loan-to-value limitations, credit qualifications, and other underwriting conditions apply. Construction financing options may be available for certain owner-occupied properties. Taxes, insurance, flood insurance (if applicable), and other escrowed amounts are not included in the loan payment and will increase the borrower's total monthly obligation.
All mortgage loans are subject to credit approval, property valuation, underwriting requirements, and program guidelines. Contact Workers Federal Credit Union for current rates, terms, eligibility requirements, and complete program details.

⁴Government Backed Mortgages: These mortgage types are not included in the GiveBack Program. Programs for primary residence only and are subject to change. Taxes and insurance not included. Actual payment obligation may be greater. Contact our Mortgage Team for rates and eligibility. 

⁵Jumbo Adjustable-Rate Mortgages:  The advertised rates are for non-conforming loans with an example loan amount of $900,000 based on the following loan assumptions - a first lien rate & term (no cash-out) refinance loan for a single-family, owner-occupied residence, with an LTV of 60% or less, credit score of 780 or higher, and based on an ARM program displayed above. Jumbo Rate Loan limits:  up to $2,000,000.00. Additional loan programs are available. Mortgage insurance may be required depending on loan guidelines. All loans are subject to approval, other conditions may apply. The featured APR is based on a 7/1 ARM.

⁶Home Equity Loan: Maximum combined loan to value is 80% or 90% for owner-occupied primary residence. Investment properties are not eligible. Homeowner’s insurance is required. Minimum loan amount is $25,000. The Annual Percentage Rate (APR) on a home equity loan is as low as {{RatePlaceHolder}} APR for Up to 60 Months. The monthly payment per $1,000 borrowed is {{RatePlaceHolder}}. Taxes and insurance not included. Actual payment obligation may be greater. Early termination fee applies. Investment properties are not eligible. Includes a 0.25% discount for electronic payments from a Workers Checking Account.

⁷ Home Equity Line of Credit:

• 80% Financing: There is a 10-year draw period and a 10-year repayment period. The payment does not include taxes and insurance. The payment may be greater. An annual fee of $50 will be waived if the borrower has the monthly payment paid automatically from a Workers checking account. Offer applies to new Workers Federal Credit Union lines only. Owner-occupied primary residence only to a maximum 80% combined loan-to-value and a maximum of 75% combined loan-to-value on owner-occupied second homes. Investment properties are not eligible. Homeowner’s insurance is required. $500 early termination fee will be charged if discharged within the first two years. Current Wall Street Journal Prime is {{RatePlaceHolder}}. Maximum Rate is 18%. Minimum Rate is 2.99%. The Interest Rate is variable and will be set on the first business day of each month at minus .500% below the Prime Rate published in the Wall Street Journal on the last business day of the previous month. Minimum line amount is $25,000.
• 90% Financing: The Interest Rate is variable and will be set on the first business day of each month at plus 1.00% above the Prime Rate published in the Wall Street Journal on the last business day of the previous month. The Current Wall Street Journal Prime is {{RatePlaceHolder}}. Maximum rate is 18%. The payment does not include taxes and insurance. The payment may be greater. Minimum Rate is 5.00%. There is a 10-year draw period and a 10-year repayment period. Maximum loan to value is 90%. An annual fee of $50 will be waived if the borrower has the monthly payment paid automatically from a Workers checking account. $500 early termination fee will be charged if discharged within the first two years. Offer applies to new loans only on owner-occupied single family and condominiums only. Investment properties are not eligible. Homeowners insurance required.

HELOC Fees and Charges: To open and maintain a line of credit, you must pay the following fees to us: Annual Fee of $50.00, which is due annually. You also must pay certain fees to third parties. These fees generally total between $0 and $3,500. If you ask, we will give you an itemization of the fees you will have to pay to third parties. Unless otherwise noted, all fees will be paid at closing. For HELOCs $400,000 - $1,000,000, a full appraisal is required, and the appraisal cost is paid by the borrower.

⁸Heat Loan : The Annual Percentage Rate (APR) on a heat loan is  0.00% APR for  Up to 60 Months  up to $25,000 .