A Real Estate Equity Loan lets you borrow a one-time, lump sum amount from your home’s equity. You can choose to fund a home improvement project, purchase additional property, pay college tuition, or consolidate other debt so you have one low rate and predictable monthly payments.
With a Real Estate Equity Loan from PSECU, you can:
- Borrow up to 90% of the appraised value, less any liens on the property being mortgaged. Real Estate Equity Loans have a minimum loan amount of $5,000. Existing PSECU equities may be refinanced for additional funds of $5,000 or more.
- Secure a fixed interest rate based on the property’s loan-to-value ratio.
- Potentially borrow from equity in land, subject to restrictions. Please contact us for details and application instructions.
Want to use your home’s equity for home improvements, debt consolidation, college education, and more? With a home equity loan from PSECU, you can. You'll enjoy fixed rates, no application fees, an easy application process, and potential tax benefits.1