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- 717.234.8484 - option 6 - extension 3817, Harrisburg
- 800.237.7328 - option 6 - extension 3817, nationwide (USA)
A Real Estate Equity Loan is a closed-end loan with a fixed-rate over the life of the loan. You'll receive a lump sum with a predictable payment. We offer five- and ten-year terms. Please consult a qualified tax advisor to see if the interest may be tax deductible.
Features Include:
- Borrow up to 100% of the appraised value, less any liens on the property being mortgaged.
- PSECU must be 1st or 2nd lienholder.
- Minimum loan amount $5,000. Existing PSECU equities may be refinanced for additional funds of $5,000 or more.
- Fixed interest rate based on Loan-to-Value.
- Currently owned primary residence, vacation home or residential rental property may be used as collateral. Collateral must be located in Pennsylvania.
- Equities on land are offered subject to restrictions. Please contact us for details.
Types of Properties:
- Acceptable Properties
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- Owner occupied 1, 2, 3 or 4-unit properties
- Condominiums or townhouses
- Vacation homes
- Doublewide mobile homes built after June 1976, on permanent foundation, title retired
- Residential investment properties
- Unacceptable Properties
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- Commercial properties
- Properties located outside of Pennsylvania
- Properties with cesspools, cisterns, spring water
- Properties with gravity heat
- Properties located in an industrial or commercially zoned area
- Properties with agricultural use
- Time-share properties
- Singlewide mobile homes
- Properties owned by a trust as identified on the deed
- Properties under contract for sale
Rates
| Description | APR* |
| Home Equity Line of Credit Loan-to-Value up to 80% |  3.25% |
| Home Equity Line of Credit Loan-to-Value greater than 80% to 90.00% | 3.75% |
| 5 Year Equity Loan-to-Value up to 80% | 5.49% |
| 5 Year Equity Loan-to-Value greater than 80% to 90.00% | 5.99% |
| 5 Year Equity Loan-to-Value greater than 90% to 100.00% | 6.49% |
| 10 Year Equity Loan-to-Value up to 80% | 6.74% |
| 10 Year Equity Loan-to-Value greater than 80% to 90.00% | 7.24% |
| 10 Year Equity Loan-to-Value greater than 90% to 100.00% | 7.74% |
*APR denotes Annual Percentage Rate
More Rates
Rates, and information, are subject to change at any time. The annual percentage rate may increase after consummation on the Home Equity Line Of Credit.
The rate on the Home Equity Line Of Credit is equal to Prime for loans up to 80% Loan-to-Value or Prime plus .5% for loans greater than 80% to 90% Loan-to-Value. The maximum ceiling APR for a Home Equity Line Of Credit is 21%. The minimum floor APR for a Home Equity Line Of Credit is 3%. 
Planning and Resources: