Whether you’re looking to consolidate debt, pay for college tuition or remodel your kitchen, you can use the equity in your home to help finance the cost. Picatinny’s Home Equity Loan Program offers extremely competitive rates on fixed-rate loans and home equity lines of credit (HELOCS). In addition, you will have the flexibility of tailoring your payment schedule to meet your needs and budget.
It's Your Home, It's Your Equity
Our Home Equity Line of Credit
Flexible line of credit to bring your vision to life
HELOC Exclusive Offerings
Loan to Value Ratio
Draw Down Period
|Home Equity Loan, Fixed Rate||$15,000 Minimum/$250,000 Maximum||5 years||3.25%||Apply Now|
|Home Equity Loan, Fixed Rate||$15,000 Minimum/$250,000 Maximum||7 years||3.50%||Apply Now|
|Home Equity Loan, Fixed Rate||$15,000 Minimum/$250,000 Maximum||10 years||3.75%||Apply Now|
|Home Equity Loan, Fixed Rate||$15,000 Minimum/$250,000 Maximum||15 years||4.00%||Apply Now|
|Home Equity Loan, Fixed Rate||$15,000 Minimum/$250,000 Maximum||20 years||5.00%||Apply Now|
|Home Equity Loan - Prime LOC**||$20,000 Minimum/$250,000 Maximum||15 years||4.00%||Apply Now|
|Home Equity Loan||Per $15,000 Borrowed||Per $1,000 Borrowed|
|3.25% APR* for 60 months||$271.32 per month||$18.10 per month|
|3.50% APR for 84 months||$201.70 per month||$13.46 per month|
|3.75% APR for 120 months||$150.16 per month||$10.02 per month|
|4.00% APR for 180 months||$111.00 per month||$7.40 per month|
|5.00% APR for 240 months||$99.04 per month||$6.62 per month|
Need Some Ideas to Get Started?
Here are some ways you can get the most value out of your home:
Our team of Member Experience Professionals are committed and trained to help you every step of the way-- from the start of the application to closing-- and they will work with you to select the home equity solution that is best suited for your current financial circumstance.
* APR=Annual Percentage Rate. Loan Rates as of 5/2/2022. Applicants are subject to credit approval and PFCU underwriting guidelines. Additional terms and conditions may apply. Rates and terms are subject to change at any time. To qualify for membership, you must open a savings account with a minimum deposit of $5.
** The APR for all Equity Lines of Credit may vary and is based on the U.S. prime rate as published in The Wall Street Journal. The minimum "floor" APR on all Equity Lines of Credit is 3.25% and the maximum APR that can apply is 18%. Introductory Rate of 1.99% for the first 6 months and adjusts to Prime + 0% after.
Not responsible for typographical errors.
NMLS ID 402605