Loans / Mortgages

With our online loan applications, applying for a loan has never been easier. Simply fill in your information and fax your most recent pay stub to our Loan Department at (203) 288-3917 and we’ll call you!

Non-members can apply for a loan, but must be eligible and become a member prior to closing. Want to know if you are eligible? Click here. Once you've determined you are eligible please go to one of our store locations with two forms of ID and your deposit. View office locations.

Mortgage

Through our partnership with Members Mortgage, we are able to provide you with an online loan application with instant approval. We offer first mortgage loans for new home purchases or the refinancing of existing mortgages.

Conventional, Jumbo, Fixed and Adjustable rate mortgages are also available.

To receive quick approval, please contact: Rich Dextraze, Lending Manager at (203) 288-1695

Apply now or get more information

Auto Loans

For new and used cars, WFFCU is here for your auto lending needs. We can also re-finance those high-interest auto loans from other institutions (banks or dealership) and get you into a better rate — saving you money!

Apply for an auto loan

Home Equity Loans

Looking to build an addition on your home? Need a new roof or looking to renovate your existing home? Our home equity loans can help you out.

With a home equity loan, homeowners can borrow money by leveraging the equity that has built up in their home. We carry a fixed rate and provide a lump sum to the borrower, which must be paid back over a set term at a fixed interest rate.

For additional loan disclosure please click here.

Apply for a home equity loan

Home Equity Line of Credit (HELOC)

With a home equity line of credit, borrowers are pre-approved for certain spending limits and can withdraw the money they need via special checks. Monthly payments can vary based on the money borrowed and the interest rate.

HELOC’s can be used as a convenient way to pay for short-term, recurring costs, such as college tuition payments.

For additional loan disclosure please click here.

Apply for a home equity line of credit

Home Equity for Seniors (HECM)

This a Safe Government FHA loan for Seniors called HECM (Home Equity Conversion Mortgage), it combines a Home Equity Loan and a Home Equity Line of Credit with a very big advantage for Seniors - NO monthly payments ever ! The Loan gets paid back when you move or on your passing.

Home Equity Loans

Looking to build an addition on your home? Need a new roof or looking to renovate your existing home? Our home equity loans can help you out.

With a home equity loan, homeowners can borrow money by leveraging the equity that has built up in their home. HECM offers both fixed and adjustable rates

Home Equity Line of Credit (HELOC)

With a home equity line of credit, borrowers are pre-approved for certain spending limits and can withdraw the money they need on request and have it direct deposited into their checking account.

HECM’s can be used as a convenient way to pay for short-term, recurring costs, such as Taxes, Medical Expenses, Credit Card Debt, Home Maintenance or any other use, plus HECM’s Line of Credit can grow over time and is Tax Free. This is the Government’s Safe Reverse Mortgage program for seniors 62 and over.

For additional loan disclosure please click here.

Apply for a home equity loan

Safe Government FHA Reverse Mortgage

This a Safe Government FHA loan for Seniors called HECM (Home Equity Conversion Mortgage), it combines a Home Equity Loan and a Home Equity Line of Credit with a very big advantage for Seniors - NO monthly payments ever ! The Loan gets paid back when you move or on your passing.

Home Equity Loans

Looking to build an addition on your home? Need a new roof or looking to renovate your existing home? Our home equity loans can help you out.

With a home equity loan, homeowners can borrow money by leveraging the equity that has built up in their home. HECM offers both fixed and adjustable rates.

Home Equity Line of Credit (HELOC)

With a home equity line of credit, borrowers are pre-approved for certain spending limits and can withdraw the money they need on request and have it direct deposited into their checking account.

HECM’s can be used as a convenient way to pay for short-term, recurring costs, such as Taxes, Medical Expenses, Credit Card Debt, Home Maintenance or any other use, plus HECM’s Line of Credit can grow over time and is Tax Free. This is the Government’s Safe Reverse Mortgage program for seniors 62 and over.

For additional loan disclosure please click here.

Apply for a home equity loan

Signature Loans

Whether you need money to take a class, pay credit card debt, take a vacation or purchase a car—our signature loans may be right for you!

With just a “signature,” Wepawaug-Flagg will loan you money to help you out!

Apply for a signature loan

Share Secured Loan

Need to make a purchase but don’t want to utilize your savings? A share secure loan allows you to borrow against your savings account, while helping you building credit. Once the loan is paid off, the hold on your savings account is released.

In the meantime, you continue to earn interest on your share account during the term of the loan.

Our share secure loans have a maximum term of 60 months and carries a low APR of 4.50%.

Apply for a share secure loan