Home Equity

Put the value of your house to work for you with loans, including two great home equity products from PSECU. 

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You have the freedom to choose your loan amount and fixed or flexible rates. Learn more about our options to get cash out of your home. You’ll enjoy competitive rates, no application fees, an easy application process, and potential tax benefits.*

Real Estate Equity Loan

  • Fixed amount of funds in one lump sum
  • Fixed rate for the entire term of the loan
  • Predictable monthly payments
  • 5 and 10 year repayment terms
Annual Percentage Rate
5 Year Equity Loan-to-Value Greater than 80% to 90% 4.615% 5 Year Equity Loan-to-Value Up to 80% 4.115% 10 Year Equity Loan-to-Value Greater than 80% to 90% 5.365% 10 Year Equity Loan-to-Value Up to 80% 4.865%

Home Equity Line of Credit

  • Borrow only the money that you need, when you need it.
  • Easy access to funds
  • Repay only what you borrow, plus interest
  • Variable rate based upon prime rate**
Annual percentage rate
Loan-to-Value Greater than 80% to 90% 3.75% Loan-to-Value up to 80% 3.25%

FAQs About Real Estate Home Equity Loans & HELOCs


We lend to properties that are: 
  • Located in the state of Pennsylvania
  • Recorded with PSECU listed as first lien holder. The property secures your mortgage loan.
  • Titled after purchase in the name(s) of individual(s), not a trust
  • Owner-occupied homes, vacation homes, or residential investment properties with one, two, three, or four units
  • Condominiums or residences within a Planned Unit Development (PUD) that meet certain criteria1

We do not lend to properties that are:

  • Single-wide manufactured homes
  • Timeshares
  • Not in acceptable marketable condition
  • Residential investment condo or manufactured homes
  • Located outside Pennsylvania

The loan-to-value (LTV) ratio is the loan amount displayed as a percentage of a property’s market value. Maximums vary by property type. You don’t have to borrow the maximum LTV, but the guidelines tell you your borrowing limit.
There are no fees for our equity products, unless the Real Estate Equity Loan is being used to purchase land that will be used to build your primary residence. (PSECU requires property insurance.) For information on this type of equity, please call 800.237.7328, extension 3817.

A Real Estate Equity is a fixed rate, closed-end loan with a term of 5 or 10 years. All funds are disbursed when the loan is issued. In addition to primary residences and vacation homes, it can be used for one rental property and land. Some restrictions apply. Payments may be made using monthly coupons or automatic transfer.

A Home Equity Line of Credit has an adjustable rate based on Prime plus a margin. The 5 year open-end draw period is followed by a 20-year repayment period. The loan payment is always based on a 20-year repayment period and is made through automatic transfer on the 16th of each month.



You may refinance your Real Estate Equity Loan or your Home Equity Line of Credit by applying online. If you're refinancing a Real Estate Equity loan with a new one, you're required to borrow an additional $5,000 above your current equity loan balance.


Yes. Apply online or request a paper application at 800.LOAN.555 Monday through Friday 8 a.m. to 9 p.m., and Saturday, 9 a.m. to 5 p.m. (ET).

You have three options:

1. Log into online banking, click on "Move Money," and transfer funds from your line of credit to your desired share.
2. Call the self-service telephone at 800.435.6500.
3. Speak to a Member Service Representative by calling 800.237.7328 Monday through Friday 8 a.m. to 9 p.m., and Saturday, 9 a.m. to 5 p.m. (ET).

Rates for PSECU Home Equity Loans

Valid as of 06/2/2020 7:16 PM EDT
Description APR*
5 Year Equity Loan-to-Value greater than 80% to 90.00% 4.615%
5 Year Equity Loan-to-Value up to 80% 4.115%
10 Year Equity Loan-to-Value greater than 80% to 90.00% 5.365%
10 Year Equity Loan-to-Value up to 80% 4.865%
Home Equity Line of Credit Loan-to-Value greater than 80% to 90.00% 3.75%
Home Equity Line of Credit Loan-to-Value up to 80% 3.25%

HOME EQUITY LINE OF CREDIT: The variable interest rate will be equal to the prime rate or prime rate plus .5% as published in the last issue of the Wall Street Journal on the last day before the current calendar month. For loan-to-value (LTV) up to 80%, the variable interest rate is equal to the prime rate. For a LTV greater than 80% up to 90%, the variable interest rate is prime rate plus .5%. There is a five-year advance period with a twenty-year repayment term (ten-year repayment on rental properties) from the date of the last advance. The minimum line of credit amount is $5,000. The minimum advance amount is $500.The monthly payment may vary. The maximum APR is 18%. The minimum APR is 3%.

REAL ESTATE EQUITY LOAN: The 4.115% fixed APR applies for a 60-month term and LTV up to 80%. For a LTV greater than 80% up to 90% the fixed APR is 4.615% for 60 months. The 4.865% fixed APR applies for a 120-month term and LTV up to 80%. For a LTV greater than 80% up to 90% the fixed APR is 5.365% for 120 months.

*APR denotes Annual Percentage Rate

*Please consult a qualified tax advisor to determine if interest may be tax deductible. **Variable interest rate equal to the prime rate of the Wall Street Journal, or prime plus a .5% margin.