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Ph - (508) 993-0011

info@cnefcu.org

93 Union St. New Bedford, MA 02740

Routing - 211384719

Coastal New England FCU

Coastal New England FCU

Serving You Since 1911

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Equity

Home / Mortgages & Equity / Equity

Equity Loans

Make the most of your home’s equity by taking advantage of the value you’ve been building. With a Home Equity Loan from Coastal New England Federal Credit Union, you can utilize up to 80% of your home’s value, minus the balance of your current mortgage, to make improvements, add that swimming pool you’re always talking about, or do anything else you’d like. We offer fixed rate equity loans ranging from 5 – 15 years and we will loan up to $125,000.

Closing fees include Attorney Fees, Home Appraisal, Registry of Deeds recording fees, Flood Determination Certificate, and a Credit Report fee. All of these costs can be financed into the loan.

Loan is available on owner occupied property only

Get Ready With Our Home Equity Loan Checklist

Home Equity Checklist FormDownload

Equity Line of Credit

CNEFCU will loan up to $125,000. We can loan up to 75% of the value of your home less your first mortgage.
Closing fees are paid by the credit union.
Your cost will be $350.00 for the appraisal fee.
Net proceeds are available after three days rescission period.
Loan is available on owner occupied property only.


We must be listed as:
Coastal New England Federal Credit Union
93 Union Street
New Bedford, MA. 02740-6361
Lienholder Code: #1894

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CNEFCU

  • Email
    info@cnefcu.org
  • Phone
    (508) 993-0011
  • Fax
    (508) 992-7672
  • Address
    93 Union St. New Bedford, MA 02740
Routing: 211384719
NMLS: 627922
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  • About Us
    • Location & Hours
    • Membership
    • Staff & Board of Directors
  • Rates
    • Loan Rates
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    • Mortgage Rates
    • Specials
  • Savings
  • Loans
  • Mortgages & Equity
    • Conventional Mortgages
    • Federal Mortgages
    • Equity
  • Resources
    • Home Banking
    • VISA AccessPoint
    • E-Statements
    • Mobile Banking
    • ATM Locator
    • Order Checks
    • Fees
  • Forms & Notices
  • Contact Us
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