If you need financing for a project with a fixed dollar amount—a new sunroom, or college tuition—consider SEFCU’s fixed rate home equity loans. In so many ways, the choices are yours:
Special offer
- Borrow up to 50%* of the total equity in your home for up to 10 years and enjoy the 4% rate noted in the chart above.
- Borrow from $5,000 to $350,000—and pay it back early with no penalty.
- Make your payments bi-weekly or monthly, using payroll deduction, direct deposit or automatic transfer.
More home equity loan options
- Borrow up to 80% or 85%* of the equity in your home (the appraised value multiplied by 80% or 85%, less the remaining balance on your mortgage).
- Get flexible terms of 5, 10, 15 or 20 years.
- Borrow from $5,000 to $350,000—and pay it back early with no penalty.
- Make your payments bi-weekly or monthly, using payroll deduction, direct deposit or automatic transfer.
Whatever your choices, you can draw on your home’s equity at a competitive fixed rate. We even waive all your closing costs (except NYS mortgage tax). Some restrictions apply.**
To get started, apply now, or call SEFCU’s Member Solutions Center at 800-727-3328.
*For members who occupy their own homes in New York State or the Pennsylvania counties of Susquehanna, Bradford or Wyoming. All loans are subject to creditworthiness.
**Closing costs are paid by SEFCU. However, in the event that the borrower(s) pays off or refinances the loan within three years of the date of the agreement, the closing costs will be charged back and added to the pay-off amount.