We are experiencing higher than normal call volume resulting in longer delays. We apologize for the inconvenience. For faster service, our Customer Service Team can also help you through chat in online banking and our mobile app.
We offer fixed rate home equity loans and variable rate home equity lines of credit. Whether you're looking to remodel, consolidate bills, add on a room, redecorate, install a pool, new heating/cooling, or need extra cash for college tuition, a vehicle purchase, medical expenses or vacation, your home's available equity could save you a lot of money in the long run. We can help you refinance your existing mortgage and save money. Ask one of our loan associates to help you determine the best term for your individual situation.
All rates are expressed as ANNUAL PERCENTAGE RATES. Rates are subject to change without notice.
Loan rates as low as those listed below are effective.
Home Equity Loan Rates
Wednesday, April 1, 2020
Home Equity Loan rates are for primary residences only (consult your loan officer for rental property rates). Your rate may vary from what is listed and will be determined by your individual credit profile and Loan to Value.
Home Equity and Home Equity Freedom Lines of Credit loans are available in Pennsylvania and Maryland ONLY.
Rates for the Home Equity Loan reflect a .20% reduction for Payroll Deduction / Direct Deposit / Auto Transfer.
Third Party Fees associated with the Home Equity Freedom Line of Credit: You may have to pay certain fees to third parties. These fees generally total between $0. and $1,000. for PA and $0. - $3,700. for MD. If you ask, we will give you an itemization of the fees you will have to pay to third parties. The Credit Union pays all third-party closing costs on your behalf in connection with granting your loan. If your loan is paid in full and closed within 36 months, you will be required to reimburse us all third-party fees paid on your behalf upon closing or refinancing your Home Equity Freedom Line of Credit.
Property Insurance: You must carry Property Insurance sufficient to cover the total of your Home Equity Loan or Home Equity Freedom Line of Credit and any other existing mortgage balances for the full term of your loan.
Members 1st FCU is committed to providing a website that is accessible to the widest possible audience in accordance with ADA standards and guidelines. We are actively working to increase accessibility and usability of our website to everyone. If you are using a screen reader or other auxiliary aid and are having problems using this website, please contact us at (800) 237-7288. All products and services available on this website are available at all Members 1st branch locations.