Unsecured Loans Detail Sheet

Created by Tony Sanches, Modified on Thu, Sep 19, 2024 at 9:18 AM by Tony Sanches

Debt Protection is available on all consumer loans

Credit Builder Loan - Build Credit and Wealth

Minimum Loan Amount $500.00

Max Loan Amount $2,000.00                         

Terms: 12 Month or 24 Months

                           

Holiday Loans - (Seasonal)

**October 1st thru December 31st**                          

Borrow: $1,500.00 Max                                 

Term: 12 Months Max                         

***Only one holiday loan per member***        

 

Home Improvement Loan

Primary, Secondary and Investment Properties                                 

Minimum Loan Amount $5,000.00

All borrowers must have ownership in the property                          

*UCC-1 filing required*                       

Contract executed by borrower and contractor required                                       

 

Eagle Line of Credit

Minimum Loan Amount: $1,000.00                                     

Personal Loans: Fixed Rate and Term

Minimum Loan Amount: $1,000.00                             

Terms: 12,24,36,48, 60 Months

               

Overdraft Line of Credit

Minimum Loan Amount: $100.00                                         

MassSave Heat Loan Program

Heat Loan for Residential Owner-Occupied Members - UCC-1 filing required – Rate 0.00%  

 

Micro HEAT Loan | Borrow $500.00 to $2,000.00 Max Term 24 Months                              

Heat Loan | Borrow $2001.00 to $25,000.00; Terms 24 to 84 months                                  

Heat Loan (Heat Pump Only) Borrow $25,001.00 to $50,000.00; Term up to 84 months                           

 

The MassSave HEAT Loan Program determines the eligibility of members to participate in the HEAT Loan Program.  MassSave Energy Assessment must be completed.  Submit contractor proposal(s) and associated documents for eligibility review. The MassSave Heat Loan Authorization form is required and needs to be provided to the Credit Union.

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