Home Equity It’s Your Home – It’s Your Equity

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.

Home Equity Products

Type of LoanMinimumMaximumTermsAPR*Action
Home Equity Loan, Fixed Rate$15,000 Minimum$250,000 Maximum5 Years3.50% Apply
$15,000 Minimum$250,000 Maximum7 Years3.75% Apply
$15,000 Minimum$250,000 Maximum10 Years4.00% Apply
$15,000 Minimum$250,000 Maximum15 Years4.25% Apply
$15,000 Minimum$250,000 Maximum20 Years5.25% Apply
PFCU Flex - Line Of Credit**$20,000 Minimum$250,000 Maximum30 Years4.00% Apply
Home Equity Loan - Prime LOC**$20,000 Minimum$250,000 Maximum15 Years4.00% Apply
Home Equity Loan Payment Example:
As low as 4.00% APR for 120 months
See All Payment Examples
Per $15,000 borrowed
$151.94 per month
Per $1000 borrowed
$10.14 per month

* APR=Annual Percentage Rate. Loan Rates as of 10/01/20. 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 The Wall Street Journal. The minimum "floor" APR on all Equity Lines of Credit is 4.00% and the maximum APR that can apply is 18%

Not responsible for typographical errors.

NMLS ID 402605