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HELOC with MembersFirst CT Federal Credit Union

CT Home Equity Line of Credit

A MembersFirst CT Federal Credit Union Home Equity Line of Credit (HELOC) is a revolving line of credit that allows you to borrow against your home’s accumulated equity.

  • No closing costs for HELOC Loans over $10,000
  • 10 years to borrow, and an additional 15 years to pay
  • Fast application turnaround
  • No annual fees
  • Community-based credit union

Complete a HELOC Application now 

For more information, contact Tina at or by phone at (203) 237-6424 x115.

HELOC Rates 

  • WSJ Prime -.25% up to 25 years
  • 3.50% *Current Rate Special* (fixed for 12 months)
  • Minimum rate 3.50%. Payments do not include taxes and insurance premiums.
  • Minimum APR 3.5%, Maximum APR 18.00%
  • Property and/or flood insurance required.
  • In consideration for the payment by credit union of the actual closing costs, we agree to reimburse MemberFirst CT FCU for said costs in the event that we pay the entire outstanding balance of the loan and close this account on or before 2 years after the date hereof.
  • In addition, the applicant(s) agree(s) that they will pay all costs incurred by the credit union associated with their application for credit if any of the following situations occur:
  • The appraisal indicates there is insufficient equity to approve the loan.
  • The applicant(s) cancel the loan request after the appraisal and title search
  • The title search is not clean and prevents loan from closing
  • Fees imposed by range from $350.00 to $1500.00