Loans
Real Estate Loans
If you are purchasing a new home, your first home or vacation home, refinancing your current home, Quincy Credit Union has the ideal real estate loan for you. We will even pre-qualify Members searching for a primary residence or vacation home financed through Quincy Credit Union.First Mortgages
- Fixed Rate Mortgages up to 30-year terms
- Adjustable Rate Mortgages up to 40-year terms (1/1, 3/1, 5/1 and 7/1 ARMS )
- Maximum LTV is 95% on purchases and 80% on refinances
- Minimum down payment of 10% on purchases**
- Choose from a wider variety of loan products through our Mortgage Partner - Allanach Mortgage Group
Click here to apply online through Mortgage Click 
**Private Mortgage Insurance will be required with less than 20% down payment.
First Time Home Buyers
Our First Time Home Buyers Program was designed to make financing your first home a positive, exciting experience. Before you begin the anxious stages of financing your first home, speak with our mortgage representatives. They can help guide you through the home financing process with ease.
- One to four family homes located in Massachusetts
- 30 year fixed or 30-40 Year ARM Repayment schedule
- 1/1, 3/1, 5/1, 7/1 ARMs available
- Limited Closing Costs paid by the Member
- 10% down payment
- Private Mortgage Insurance required if less than 20% down payment
- Maximum Loan $500,000
Home Equity Loan Products
- Fixed Rate Home Equity loans are offered with 5, 10 and 15 year terms
- Home Equity Line of Credit - a variable rate line of credit based on the Prime Rate*** minus .50% (Maximum APR 18%, Minimum APR is 4%)
- Both products available with no processing fees
- Prompt loan processing with convenient closing at Credit Union
- Interest may be tax deductible. Consult your tax advisor.
***Prime Rate as advertised in The Wall Street Journal on the last business day of the month.
