Home Equity Loans & Home Equity Lines of Credit (HELOC)
Use the equity in your home to find solutions to your everyday needs.
Solutions to your everyday needs
Home Equity Loan or a Home Equity Line of Credit
*APR is the Annual Percentage Rate. Rates are subject to change without notice. Restrictions may apply. Rates are for qualified members and are subject to credit approval and loan to value restrictions. Rates may vary depending on credit worthiness, loan amount, loan term and value of your home. All applications are subject to appraisal fees. Qualified members do not pay for the following fees: title fees, processing fees, settlement fees, underwriting fees or credit reports. The 1.99% rate is good for either 6 months and the 2.69% rate is good for 12 months then both convert to Prime+ 0. Promotion is for new money only. 8 years to draw and 15 years to pay. Minimum draw is $25,000. Minimum rate begins at 5% for life of the loan, with a maximum rate of 18%. Minimum monthly principal payment is $125. Cannot be combined with any other offers. Promotion can expire at any time.
A Simple Way to Reach Your Goals
Ready to start planning? Say you have enough equity in your home, and you’ve been dreaming about improving your home.
Consider applying for a low, fixed-rate home equity loan to renovate your home or expand your living space.
Great Introductory HELOC rates as low as
For the first 6-months or 1.99% or
First 12-months 2.69%
*APR is the Annual Percentage Rate. Rates are subject to change without notice. Restrictions may apply. Rates are for qualified members and are subject to credit approval and loan to value restrictions. Rates may vary depending on credit worthiness, loan amount, loan term and value of your home. All applications are subject to appraisal fees. Qualified members do not pay for the following fees: title fees, processing fees, settlement fees, underwriting fees or credit reports. The 1.99% rate is good for either 6 months and the 2.69% rate is good for 12 months then both convert to Prime+ 0. Promotion is for new money only. 8 years to draw and 15 years to pay. Minimum draw is $25,000. Minimum rate begins at 5% for life of the loan, with a maximum rate of 18%. Minimum monthly principal payment is $125. Cannot be combined with any other offers. Promotion can expire at any time.
Should You Apply for a HELOC?
At NJFCU we strive to help our Members see their homes, become dream homes.
With a Home Equity Line of Credit, you can update your old kitchen, turn that empty bedroom into an office, or even flip your basement! Ultimately. A HELOC can bring more value to your home. You’ll thank yourself later if and when you’re ready to sell.
Need More Help with a Home Equity Loan?
Additional Mortgage Products:
Fixed Rate Mortgage
Our mortgage team works with you to ensure that you get the options tailored to meet your needs.
Adjustable Rate Mortgage
With An NJFCU Adjustable Rate Mortgage (ARM) you will discover cost saving features like competitive rates with a confident credit union.
ITIN Mortgage
If you have an ITIN number: Achieve your financial goals and get new opportunities.