Your Home Is Your Castle - Home Equity and Line of Credit Special
Now is a great time to apply for a loan at PFCU!
Give yourself the gift of financial flexibility with a Home Equity Loan or Line of Credit.
With our Your Home is Your Castle campaign, enjoy NO APPLICATION FEE (a $199 savings) when you apply between April 1 - May 31, 2025.
Home Equity Loans
As low as 5.74% APR*
Fixed interest rate and monthly payment
Financing available up to a 20-year term**
NO APPLICATION FEE when you apply April 1-May 31, 2025
Borrow up to 85% of the appraised value of your home minus the first mortgage balance
Interest paid on the loan may be tax deductible -- check with your tax advisor
No penalty for an early payoff
Use the equity in your home to refinance, renovate, or reward yourself!
*Home Equity Loans and HELOCs are offered in NJ and PA 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
Variable payment loan
Draw funds up to 5 years***
Following that 5-year draw period, minimum payment is always 1% of balance at EOM + interest.
Take up to 15 years to pay it back thereafter
Access funds via Online Banking and courtesy checks
NO APPLICATION FEE when you apply April 1-May 31, 2025
Home Equity & HELOC Terms and Conditions
Home Equity
*APR means Annual Percentage Rate. No Application Fee for applications submitted April 1 – May 31, 2025. Rates effective as of April 1, 2025, and are subject to change at any time. Loan is subject to credit approval. Minimum loan amount $5,000.00. **The monthly payment per $1,000 at 5.74% for 120 months would be $10.97. 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. 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 means Annual Percentage Rate. No Application Fee for applications submitted April 1 – May 31, 2025. 5.99% Introductory APR is fixed for the first 12 months of the loan. Once the introductory rate expires, the APR will vary. Your APR is based on Prime Rate plus or minus a margin determined at account opening. Up to 80% LTV, the rate is as low as Prime; for 80.01% to 85% LTV, rate is as low as Prime + 0.75%. For example, for a most-qualified borrower seeking a HELOC up to 80% LTV, the rate is 7.50% APR. The maximum APR is 18% or the maximum permitted by law, whichever is less. The floor rate is 4.00% APR. Prime rate effective December 19, 2024, is 7.50%. Minimum line of credit is $5,000.00. Loan decisions and rates are based on applicant creditworthiness. HELOCs are available in NJ and PA. Must be a PFCU Member in good standing and meet all lending requirements. Refinancing members may re-qualify for the introductory rate when three years have elapsed from their original closing date and other conditions are met. Insured by NCUA. Equal Housing Lender.
NMLS ID# 630735
Home Equity Loan Rates
Last updated April 1, 2025
| 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 | 5.74%** | 60 | $19.22 |
| 1st | $5,000.00 | $1,000,000.00 | 5.99%** | 120 | $11.10 | |
| 1st | $5,000.00 | $1,000,000.00 | 6.49%** | 180 | $8.71 | |
| 1st | $5,000.00 | $1,000,000.00 | 6.74%** | 240 | $7.60 | |
| 80% LTV | 1st | $5,000.00 | $1,000,000.00 | 5.99%** | 60 | $19.33 |
| 1st | $5,000.00 | $1,000,000.00 | 6.24%** | 120 | $11.23 | |
| 1st | $5,000.00 | $1,000,000.00 | 6.49%** | 180 | $8.71 | |
| 1st | $5,000.00 | $1,000,000.00 | 6.74%** | 240 | $7.60 | |
| 85% LTV | 1st | $5,000.00 | $1,000,000.00 | 5.99%** | 60 | $19.33 |
| 1st | $5,000.00 | $1,000,000.00 | 6.24%** | 120 | $11.23 | |
| 1st | $5,000.00 | $1,000,000.00 | 6.49%** | 180 | $8.71 | |
| 1st | $5,000.00 | $1,000,000.00 | 6.74%** | 240 | $7.60 | |
| up to 75% LTV | 2nd | $5,000.00 | $1,000,000.00 | 6.24%** | 60 | $19.45 |
| 2nd | $5,000.00 | $1,000,000.00 | 6.49%** | 120 | $11.35 | |
| 2nd | $5,000.00 | $1,000,000.00 | 7.99%** | 180 | $9.56 | |
| 2nd | $5,000.00 | $1,000,000.00 | 8.49%** | 240 | $8.68 | |
| 80% LTV | 2nd | $5,000.00 | $1,000,000.00 | 6.49%** | 60 | $19.57 |
| 2nd | $5,000.00 | $1,000,000.00 | 6.74%** | 120 | $11.48 | |
| 2nd | $5,000.00 | $1,000,000.00 | 7.74%** | 180 | $9.41 | |
| 2nd | $5,000.00 | $1,000,000.00 | 8.24%** | 240 | $8.52 | |
| 85% LTV | 2nd | $5,000.00 | $1,000,000.00 | 7.74%** | 60 | $20.16 |
| 2nd | $5,000.00 | $1,000,000.00 | 7.99%** | 120 | $12.13 | |
| 2nd | $5,000.00 | $1,000,000.00 | 8.49% | 180 | $9.85 | |
| 2nd | $5,000.00 | $1,000,000.00 | 8.99%** | 240 | $9.00 |