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 $806,500; 2 family $1,032,650; 3 family $1,248,150; 4 family $1,551,250. 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.

³Adjustable Rate Mortgage (ARM): To be used for purchase or refinance of 1-4 family properties in Massachusetts or New Hampshire only. 5/1 TRS ARM available for 1-4 family owner-occupied, investment or second home properties in Massachusetts or New Hampshire. 7/1 TRS and 10/1 TRS ARM rates are also available for these property types and, additionally, for construction loans (rate may vary) on single family primary residences only. Rates on ARMs may increase after closing at applicable adjustment term. 5/1, 7/1 and 10/1 TRS ARMs: Upon rate conversion to variable, all TRS ARMs can adjust initially by 2%, subsequently by 2% and capped at 6%.  To get the new rate after the fixed period we use a variable number called “the index”.  The index for the TRS (1-year Treasury) ARMs is the weekly average yield on United States Treasury securities adjusted to a constant maturity of 1 year, as made available by the Federal Reserve Board. On all ARMs, we then add “the margin”, which is 2.75%. Maximum loan amount of $2,000,000 at an 80% loan-to-value (LTV). The Annual Percentage Rate (APR) on an ARM is as low as 6.571% APR for 7/1 ARM - 30 Years. The monthly payment per $1,000 borrowed is $5.92. Taxes and insurance not included. Actual payment obligation may be greater. Required down payment as low as 3%. All listed ARM APRs are based on $100,000 loan to purchase a single family primary residence at a 60% LTV. The featured APR is based on a 7/1 ARM - 30 Years.

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.

⁶Finish Line Refi: Maximum loan amount not to exceed 80% of property value for the refinance of a single-family, owner-occupied primary residence and not exceed 75% of property value for an owner occupied second home residence. $499 non-refundable application fee. The program is available only for refinances of single-family, owner occupied residences, including condominiums, and is not available to refinance current Finish Line Refi loans. Requires active direct deposit into a Workers checking account within 60 days of Finish Line closing.

⁷Home 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 6.750% APR for Up to 60 Months. The monthly payment per $1,000 borrowed is $19.68. Taxes and insurance not included. Actual payment obligation may be greater. Early termination fee applies. Investment properties are not eligible. Includes a 0.50% discount for electronic payments from a Workers Checking Account.

⁸ 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 $30 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. $350 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 $30 will be waived if the borrower has the monthly payment paid automatically from a Workers checking account. $350 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.

⁹ Solar Loan (80% Financing): The Annual Percentage Rate (APR) on an 80% solar loan is as low as 7.250% APR for Up to 84 months. The monthly payment per $1,000 borrowed is $15.22. APR includes a .50% discount for automatic electronic loan payments from any Workers Checking Account. Other rates and terms are available. Maximum 80% loan to value ratio. Offer applies to new solar loans in Massachusetts only on owner-occupied primary residence. Homeowners insurance required. Early termination fee applies. Not included in the GiveBack program. Investment properties are not eligible. Copy of solar installation contract required.

¹⁰ Solar Loan (90% Financing): The Annual Percentage Rate (APR) on a 90% solar loan is as low as 8.250%APR for Up to 84 months. The monthly payment per $1,000 borrowed is $15.71.APR includes a .50% discount for automatic electronic loan payments from any Workers Checking Account. Other rates and terms are available. Rates subject to change without notice. Maximum 90% loan to value ratio. Offer applies to new solar loans in Massachusetts only on owner-occupied primary residence. Homeowners insurance required. Early termination fee applies. Not included in the GiveBack program. Investment properties are not eligible. Copy of solar installation contract required.

¹¹Heat Loan: The Annual Percentage Rate (APR) on a heat loan is 0.00%APR for Up to 60 Months up to $25,000.