Home Equity Loans & HELOCs for Home Projects in MA

If you have equity in your home, a home equity loan or line of credit usually delivers the lowest rates available outside the 0% Mass Save HEAT Loan, a smart fit for larger, whole-home projects like combined water treatment, plumbing, and HVAC work.

Talk Through Your Options

HELOC (Line of Credit)

A revolving credit line secured by your home, draw what you need, when you need it, during a draw period (commonly 10 years), then repay.

Flexible, great if your project has phases (water treatment now, HVAC later)
Usually a variable rate tied to Prime, so payments can move
Interest-only draw options keep early payments low

Home Equity Loan

A lump sum at a fixed rate and fixed term, predictable payments for a single, well-defined project cost.

Rate certainty for the life of the loan
Best when you know the full project cost up front
Typically priced slightly above a HELOC’s intro rate

Illustrative 2026 rates

HELOC rates have recently averaged around 7% (with a wide range by credit and loan-to-value), and fixed home equity loans in roughly the 8% range. Strong New England options for rate and service include DCU (Digital Federal Credit Union) and Rockland Trust, along with national lenders worth comparing. Rates change often, confirm current numbers before you commit.

Planning a bigger whole-home project? Equity financing often wins on rate.Talk to a Specialist

Things to weigh

Secured by your home, the trade-off for the low rate is that your house is collateral.
Interest may be tax-deductible when funds are used to improve the home (ask your tax advisor, we’re not tax professionals).
Watch the end of a HELOC’s draw period, when payments can step up.

Mass Save HEAT Loan →Contractor Financing →Personal Loans →All options & calculator →

A note on doing this right: rates, promotional offers, and program terms change frequently and vary by lender and credit profile, figures here are illustrative as of 2026. Before signing any financing agreement, always ask two questions: Is the interest deferred or truly waived? and Does this place a lien on my home? A directly comparable water-treatment lender was penalized by the FTC in 2024 for hidden liens and misleading “teaser” rates, so read every disclosure carefully. CleanTap is happy to review any offer with you, line by line.

Let’s Find the Right Fit

Tell us about your project and we’ll help you compare financing side by side, including whether you qualify for the 0% Mass Save HEAT Loan, with zero pressure.

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