Turn Your Home’s Equity Into Financial Flexibility in 2026
Enjoy a 5.99% introductory APR* for the first 12 months with a Home Equity Line of Credit from Princeton Federal Credit Union.
Thereafter, rate as low as Prime + a margin based on credit score and loan to-to-value (LTV) ratio. Variable interest rates may adjust monthly based on the Prime Rate
As your home's value grows, so do your possibilities. Whether you're updating your space, planning a major milestone, helping family, or creating more breathing room in your budget, a Home Equity Loan or Home Equity Line of Credit can help you achieve your goals on your terms.
Apply your way:
Apply by phone at 800‑456‑5038, Option 3
Apply in person by visiting 774 Alexander Road in Princeton
Apply Online
Home Equity Loans
As low as % APR*
Fixed interest rate and monthly payment
Financing available up to a 20-year term
Borrow up to 85% of your home’s appraised value minus the balance of your first mortgage
Interest paid on the loan may be tax deductible. Consult your tax advisor.
No penalty for an early payoff
$249 Application Fee
Put your home's equity to work. Use funds for home improvements, debt consolidation, major purchases, or other financial needs.
Home Equity Loans and HELOCs are available in New Jersey and Pennsylvania only.
Home Equity Line of Credit (HELOC)
Did you know that you can spend a HELOC on virtually anything you wish? It doesn’t have to be for home repairs! While home repairs are a common use for this variable line of credit, you could also use this to fund a family vacation, or pay for college tuition!
5.99% Introductory APR* for the first 12 months.
Thereafter, rate as low as Prime + a margin based on credit score and LTV ratio
Variable interest rates may adjust monthly based on the Prime Rate
$249 Application Fee
Flexible, variable payment structure
Draw funds up to 5 years
After the draw period, the minimum payment is 1% of the ending monthly balance plus interest
Repayment term of up to 15 years
Convenient access to funds through Online Banking and courtesy checks
Home Equity & HELOC Terms and Conditions
Home Equity
*APR means Annual Percentage Rate. Rates in effect are subject to change at any time. A $249.00 application fee applies. Loan is subject to credit approval. Minimum loan amount $5,000.00. Add 0.50% APR if payment is not auto deducted from a PFCU checking account monthly with full direct deposit. Rates effective September 1, 2026, and are subject to change.
The monthly payment per $1,000 at 5.99% for 120 months would be $11.10. The monthly payment per $1,000 at 7.49% for 180 months would be $8.43. The monthly payment per $1,000 at 7.99% for 240 months would be $9.26. Loan decisions and rates are based on applicant creditworthiness and loan to value. Home Equity Loans are available in NJ and PA. Must be a PFCU member in good standing and meet all lending requirements. Insured by NCUA. Equal Housing Lender.
HELOC
*APR= Annual Percentage Rate. 5.99% Introductory APR is fixed for the first 12 months of the loan. A $249.00 application fee applies. Loan is subject to credit approval.
Once the introductory rate expires, the APR will vary; PFCU members' refinancing may be eligible for the introductory rate after three years from their original closing date. Rates effective September 1, 2026, and are subject to change. Your APR is based on Prime Rate as published in the Wall Street Journal, plus a margin determined after appraisal has been completed. Up to 80% LTV, the rate is as low as Prime +0.25%; for 80.01% to 85% LTV, the rate is as low as Prime + 1.00%. For example, for a most qualified borrower, a HELOC up to 80% LTV, the rate is 7.00% APR. The maximum APR is 18% or the maximum permitted by law, whichever is less. Prime rate effective September 1, 2026, is 6.75%. The minimum credit limit is $5K. Loan decisions and rates are based on applicant creditworthiness and loan to value. HELOCs only eligible for properties in NJ or PA. Must be a PFCU Member in good standing and meet all lending requirements. Insured by NCUA. Equal Housing Lender.
NMLS ID# 630735
Home Equity Loan Rates
Last updated September 1, 2026
| Type | Lien | Min. Amt. to Borrow | Max. Amt. to Borrow | APR* as low as | Max. Term (months) | Payment per $1,000 |
|---|---|---|---|---|---|---|
| up to 75% LTV | 1st | $5,000.00 | $1,000,000.00 | % APR* | 60 | $ |
| 1st | $5,000.00 | $1,000,000.00 | % APR* | 120 | $ | |
| 1st | $5,000.00 | $1,000,000.00 | % APR* | 180 | $ | |
| 1st | $5,000.00 | $1,000,000.00 | % APR* | 240 | $ | |
| 80% LTV | 1st | $5,000.00 | $1,000,000.00 | % APR* | 60 | $ |
| 1st | $5,000.00 | $1,000,000.00 | % APR* | 120 | $ | |
| 1st | $5,000.00 | $1,000,000.00 | % APR* | 180 | $ | |
| 1st | $5,000.00 | $1,000,000.00 | % APR* | 240 | $ | |
| 85% LTV | 1st | $5,000.00 | $1,000,000.00 | % APR* | 60 | $ |
| 1st | $5,000.00 | $1,000,000.00 | % APR* | 120 | $ | |
| 1st | $5,000.00 | $1,000,000.00 | % APR* | 180 | $ | |
| 1st | $5,000.00 | $1,000,000.00 | % APR* | 240 | $ | |
| up to 75% LTV | 2nd | $5,000.00 | $1,000,000.00 | % APR* | 60 | $ |
| 2nd | $5,000.00 | $1,000,000.00 | % APR* | 120 | $ | |
| 2nd | $5,000.00 | $1,000,000.00 | % APR* | 180 | $ | |
| 2nd | $5,000.00 | $1,000,000.00 | % APR* | 240 | $ | |
| 80% LTV | 2nd | $5,000.00 | $1,000,000.00 | % APR* | 60 | $ |
| 2nd | $5,000.00 | $1,000,000.00 | % APR* | 120 | $ | |
| 2nd | $5,000.00 | $1,000,000.00 | % APR* | 180 | $ | |
| 2nd | $5,000.00 | $1,000,000.00 | % APR* | 240 | $ | |
| 85% LTV | 2nd | $5,000.00 | $1,000,000.00 | % APR* | 60 | $ |
| 2nd | $5,000.00 | $1,000,000.00 | % APR* | 120 | $ | |
| 2nd | $5,000.00 | $1,000,000.00 | % APR* | 180 | $ | |
| 2nd | $5,000.00 | $1,000,000.00 | % APR* | 240 | $ |