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Home Equity Line of Credit

A home equity line of credit is a variable rate loan. It is a revolving line of credit that works like a credit card in that the credit line replenishes once you pay it back, so you only need to apply once.

View Rates     Apply

Apply for a Home Equity Loan over the phone at 860.828.2790 ext. 8032

  • Low variable interest rate tied to Wall Street Journal prime rate
  • No closing costs or application fees3
  • No annual fee or inactivity fees
  • No pre-payment penalties
  • Convenient access to your line of credit online, by telephone, or writing a check
  • Up to 90% Loan to Value available for qualified borrowers
  • Your interest may be tax deductible (consult your tax advisor)

If interested in a Home Equity Line of Credit, please send us a message and an Achieve employee will follow up with you shortly.


1APR = Annual Percentage Rate. Rate effective as of 1/31/2021 and subject to change. The 2.49% APR
is based on fixed rate Home Equity Loans with a first lien position with up to 70% loan-to-value and
up to a 60-month term. At 2.49% APR, five-year loan requires monthly payments of $17.71 per $1,000
borrowed. Other rates and terms available. Loans available up to 90% of the value of your home. Home
Equity Loans must be new to Achieve Financial. Existing Achieve loans are not eligible. Minimum loan
balance $10,000. 2The 2.75% APR is based on Prime Rate minus .50% for loans, 70% loan-to-value or
less and first lien position. Current Prime Rate is 3.25%. Up to 90% loan-to-value available for qualified
borrowers. 3No application fee or closing costs on loan balances of $25,000 or more. Application fee of
$350 and an $85 recording fee on loans under $25,000. For lines of credit, $90 recording fee required.
Property insurance required. After a 15-calendar-day grace period, there is a late charge of 5.00% of
the payment with a $2 minimum and no maximum. Home Equity Loans are available for CT properties
only. Other restrictions may apply. 4Consult your tax advisor.