A HELOC at just 1.99% APR
…it's time to put your home's best friend to work.
Now is the time to put your home's built-up equity to work for you
- 1.99% APR* fixed until 6/30/2022
- Minimum $10,000 Line of Credit
- Minimum $10,000 initial draw
- 10-year draw period
- Ability to borrow up to 90% of your home's value
- Potential tax benefits**
A MSDFCU Home Equity Line of Credit provides the funding you need for items on your personal punch-list.
- Home Renovations
- Debt Consolidation
- Family Vacation
- Dream Wedding
- College Tuition
- And More!
Home equity loans and lines of credit are subject to a $150 non-refundable application fee.
Loans are valid for properties Pennsylvania and New Jersey only.
Open online, call (215) 996-3700 or stop by any drive-through location.
*Rate effective June 1, 2020 through June 30, 2022 and may be withdrawn without prior notice. All home equity loans are subject to a $150 application fee. This is a fixed rate until June 30, 2022, thereafter the rate is variable, subject to change quarterly based on the Prime Rate as published in the Wall Street Journal with a floor of 3.99% and a ceiling of 18.00%. Estimated monthly payment per $1,000 borrowed at 1.99% APR is $6.43. Minimum HELOC is $10,000 and a minimum $10,000 initial draw. Line based on a maximum loan to value (LTV) of 90%.
**Consult your tax advisor regarding the tax deductibility of your interest.