Skip to main content

Home Equity Loan

Let the equity in your home work for you! Whether you are looking to make home improvements, buy a vehicle, pay for school tuition or simply payoff your higher rate credit card debt, the equity in your home could be a great solution.

  • $199 Application Fee
  • Borrow up to 85% of the appraised value of your home minus the first mortgage balance
  • No penalty for early payoff
  • Interest paid on the loan may be tax deductible -- check with your tax advisor
  • Home equity loans are available in New Jersey and Pennsylvania only

Home Equity Loan

  • Rates as low as 4.24% APR*
  • Fixed interest rate
  • Fixed monthly payment
  • Financing available up to a 20-year term**

Home Equity Line of Credit

Once you establish this variable rate line of credit, you can access it anytime with no need to reapply when you need additional funds.  

  • 2.99% Introductory APR (for the first 12 months. Thereafter, as low as Prime - 1%)***
  • Variable interest rate may adjust monthly based on the Prime Rate
  • Variable payment loan
  • Borrow funds up to 5 years --take up to 15 years to pay it back thereafter
  • Access funds via Internet Banking and courtesy checks

Read more about the Important Terms of Home Equity Line of Credit and What You Should Know About Home Equity Lines of Credit.


Check out our loan rates and Apply for a Loan today!


*APR means Annual Percentage Rate. Rate applies for a 60 month term, 75% loan-to-value or less and automatic transfer of payment monthly from PFCU checking account with a direct deposit. Additional rates and terms are available. Loan decisions and rates are based on applicant credit worthiness. Minimum loan amount must be $10K. If refinancing an existing loan at PFCU, you must borrow an additional $10K. 

**The monthly payment per $1,000 at 4.25% for 60 months would be $18.53. The monthly payment per $1,000 at 4.49% for 120 months would be $10.36. The monthly payment per $1,000 at 4.74% for 180 months would be $7.77. The monthly payment per $1,000 at 5.24% for 240 months would be $6.73.

***APR means Annual Percentage Rate. 2.99% Introductory APR is fixed for the first 12 months of the loan. Once the introductory rate expires, the APR may vary. Up to 80% LTV, rate is as low as Prime - 1.00%.  80.01% to 85% LTV, rate is as low as Prime - .25%.  The floor rate is 4% APR. For example, for a most qualified borrower, a HELOC up to 80% LTV, the rate is 4.00% APR. The maximum APR is 18% or the maximum permitted by law, whichever is less. Your normal APR is based on an index, Prime Rate plus or minus a margin determined at account opening. Prime rate effective 11/1/19 is 4.75%. Minimum credit limit is $5K. Loan decisions and rates are based on applicant credit worthiness. 

NMLS ID# 630735

Phone #: 609.945.6200  |  Routing #: 231278229  |  Connect with Us: Facebook

  • NCUA
  • Equal Housing Lender
  • ncr/DI logo