Home Loans

Western Connecticut specializes in providing real estate loans to members using a streamlined application process and offering low closing fees.

There are many options and advantages when considering real estate loans, so let us help you make it easier. You tell us your financials goals and we will help find the best solution for you!

Home Equity Loans

We work with homeowners in Connecticut to support their financial needs by using some of the equity in their home. The amount of the loan relies on the current market value of your house. Terms from 5 – 15 years are available with either a fixed rate, a variable rate, or a combination – a fixed rate term that converts to variable. The funds are disbursed in one lump sum at the start of the loan and repayment is a fixed amount each month.

Home Equity Line of Credit (HELOC)

At Western CT, our Home Equity Loans offer a variety of solutions at competitive rates that are affordable to you. We are here to help you determine which program best fits your specific needs so tell us your goals and we will provide you with the best options to freshen up your home.

This product shares many of the basic traits of a Home Equity Loan, the amount of the line is based on the current market value of your house. The term is a total of 20 years. The first ten years you can draw on the line and make interest-only payments. The last ten years is repayment of principal and interest and you can not access available funds. The interest rate is variable, based on the Prime Rate published in the Wall Street Journal. Funds can be accessed conveniently using checks, your HELOC credit card (optional), our 24-hour touch-tone-teller, or by speaking to our Member Care Team.

If you are considering a Home Equity Line of Credit, please click here for more information from the Consumer Financial Protection Bureau and the Federal Reserve and please click here to review important terms and disclosures.


The Credit Union provides a variety of rates and terms on conventional first mortgage products including fixed rate mortgages and Adjustable Rate Mortgages (ARMs). Our loan officers are trained to help you determine the mortgage product that is best for you. If you are looking to purchase a house, come to us before visiting a real estate agent. We can get you pre-approved. Then you will know how much you can afford and you will be prepared when the agent asks if you are pre-qualified. Finding a mortgage may seem as simple as finding the lowest rate, however they are very complex and it is not easy to know what the best deal is. The best thing you can do is work with an institution that you can trust. We take pride in providing straight-forward advice and service to our members.

Visit our secure online Mortgage Servicing Center for online payments, e-statements, payoff quotes, and more.

To open and print the Loan Application, click here.

Western Connecticut
NMLS# 486265
Sabrina DeFazio, NMLS# 1450038

We also provide an online loan calculator to assist you in your financial planning.

Click here to check our rates.

Call us at 203-791-9399 or e-mail us at loans@westernctfcu.com with any questions.

We look forward to working with you!

Annual Meeting

All members are invited to attend our 2024 Annual Meeting! This is a hybrid event held on Microsoft Teams and in-person.

Youth Savings

Check out our various youth accounts to help teach your kids the importance of saving at a young age and set them on the right financial path!


*APR as low as, ask for details. All rates are dependent on your credit rating.