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 9/3/24.
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 |
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.
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. |
*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 8.50%. 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?