When you’re looking for excellent rates on loan products, look no further – Somerville’s CU has the competitive rates you’re looking for.


All Rates Subject to Change.

Personal Loans
Type of Loan APR* as low as
Share Secured 2.05%
Signature to $15,000 9.49%
Personal Line of Credit to $15,000 9.49%
Computer Loan to $3,000 8.49%
Holiday/Vacation to $3,000 4.99%
Debt Consolidation Loan to $15,000 7.75%
Overdraft Loan 14.49%
Student Loans
Info
Sallie Mae guidelines and rates apply.
Vehicle Loans 2019 & 2020
Term Maximum Amount APR* as low as
Up to 84 months $80,000
($30,000 min for 72-84 mos)
2.99%
Up to 72 months 2.74%
Up to 60 months 2.49%
Up to 48 months 2.24%
Up to 24 months 1.75%

Full insurance coverage required.

Used Vehicle Loans 2016 - 2018
Term Maximum Amount APR* as low as
Up to 72 months $60,000
($30,000 min for 72 mos)
3.49%
Up to 60 months 2.99%
Up to 48 months 2.49%

Full insurance coverage required.

Used Vehicle Loans 2014 - 2015
Term Maximum Amount APR* as low as
Up to 60 months $40,000
($30,000 min for 60 mos)
3.99%
Up to 48 months 3.49%

Full insurance coverage required.

Used Vehicle Loans 2012 - 2013
Term Maximum Amount APR* as low as
Up to 48 months $20,000
($20,000 min for 48 mos)
4.99%
Up to 36 months 2.99%

Full insurance coverage required.

Used Vehicle Loans 2010 - 2011
Term Maximum Amount APR* as low as
Up to 48 months $10,000
($10,000 min for 48 mos)
4.99%
Up to 36 months 3.99%

Full insurance coverage required.

Used Vehicle Loans 2009 & Older
Term Maximum Amount APR* as low as
Up to 36 months $5,000
($5,000 min for 36 mos)
4.99%
Up to 24 months 3.99%

Full insurance coverage required.

MassSave HEAT Loans
Info
Rates and Terms vary depending on loan type chosen, contact credit union for details.
Home Equity Lines of Credit
Type APR* as low as
Blended HELOC^ 1.99%
Mortgage/Home Equity Closed End
Info Rates
Contact Credit Union for Most Current Market Rates. View Rates

Max. Loan $300K, combined LTV up to 60%. $250K for 70% LTV and $200K for 80% LTV. Appraisal, recording and legal fees paid by borrower. Unless specified, rates are variable and adjust monthly; terms up to 15 years.

  • All pricing reflects 0.50% discount with direct deposit
  • 110% MSRP Plus (taxes, warranty, insurance) for new autos
  • 100% NADA Plus, (taxes, warranty, insurance) for used autos
  • Maximum mileage exceptions ( > 100,000 are allowed depending on year (2009 or newer), LTV (<75%) and credit quality (A,B,C,D). Add 2% to applicable rate
  • Recreation Vehicles/Boats/Motorcycles, add 3% over car loan rates. Max 80% LTV, 48 Mo max term
  • Dealership owned demos with less than 5,000 miles never registered can be considered new, any registered vehicle regardless of mileage cannot be considered new
  • Only unsecured loans of $10,000 and greater qualify for 5 year maximum term
  • C & D credit quality applicants are not eligible for Personal Lines of Credit
  • Heat loans must have Mass Save Certification
  • Debt consolidation loan checks must be made payable to creditor(s)
  • Full insurance with maxium $500.00 deductible required on collateralized loans.
  • Share and CD secured loans: 2% higher than dividend rate
  • D Credit must be paid by auto pay

*APR = Annual Percentage Rate