Time to Unwind. Do More in 2024 with a Home Equity Loan.

Fireplace, cozy, house

At SECNY, living for today doesn't mean risking your financial future. We offer affordable Home Equity Loans or Lines of Credit.

Benefits of a Home Equity Loan or Line of Credit from SECNY FCU include:

  • Great Rates That Are Right For Your Personal Budget (Including Fixed Rate Loans)
  • Easy Application Process
  • Quick Approvals

Popular Uses of a Home Equity Loan or Line of Credit include:

  • Consolidating Debt
  • Paying for College
  • Making Home Updates
  • Creating Memories With Friends and Family
  • Making a Once in a Lifetime Purchase
  • AND MORE!

Rates subject to change without notice. Credit restrictions apply. Rates effective as of 12/2/24.

Home Equity Fixed 

Rate as Low as  Available Terms
6.00% 1-5 Years
6.50% 7 Years
6.50% 10 Years
7.00% 15 Years

Loan Application Debt Consolidation Calculator

Primary Residence Only - 1st or 2nd Lien Only
Loans from $10,000 to $150,000*
Maximum loan amount not to exceed 90% of appraised value
No Closing Costs**-$300.00 due at application and refunded at closing
*See Ellen for loan requests above $150,000
**All fees paid in conjunction with the loan are subject to recapture if the loan is closed within three years.

Home Equity Line of Credit

Rates listed required one of the following (otherwise add 0.25%): A SECNY Checking Account with Direct Deposit OR you are a Save2Earn Account Holder. Funds advanced from a Home Equity Line of Credit with SECNY cannot be used to open a Certificate of Deposit at SECNY.

Rate as Low As Available Terms
2.24%* 180 Mos.

Loan Application Debt Consolidation Calculator

*Introductory Rate (in effect for 1st year) 10 Year Draw Period with 15 Year Repayment Term. Regular Rate is variable based on Prime Rate (as published in the Wall Street Journal). Current Prime Rate is 7.75%. Rate subject to change annually on the anniversary date of the loan.
Primary Residence Only, 1st or 2nd Lien Only, Loans from $10,000 to $150,000**
Maximum loan amount not to exceed 90% of appraised value
No Closing Costs***-$300.00 Application Fee (refunded at closing).

**See Ellen for loan requests above $150,000
***All fees paid in conjunction with the loan are subject to recapture if the loan is closed within three years.

Let's Talk About a Home Equity Loan or Home Equity Line of Credit That's Right For You.
SECNY's Friendly and Knowledgeable Loan Professionals Can Help. 

Call Us at 315-638-7061

 

Ready to Get Started?

Apply Online

Important Info about HELOCs Home Equity Early Disclosures 

APR = Annual Percentage Rate. As low as 1.99% APR locked in for 1 year. Rate expressed for Line of Credit is variable and can be adjusted annually on the first day of the month following the anniversary date of opening. The rate is based on an Index Rate of the Wall Street Journal Prime Rate. There is no limit on the amount by which the Annual Percentage Rate can change during any one period up to the maximum permitted by law. Loan rate and amount are based on credit qualifications and available equity in property. Subject to change without notice. Home Equity Lines of Credit currently financed through SECNY Federal Credit Union cannot be refinanced with this offer. Funds advanced from a Home Equity Line of Credit with SECNY cannot be used to open a Certificate of Deposit at SECNY Contact any SECNY office for details. All fees paid in conjunction with the loan are subject to recapture if the loan is closed within three years.