Home Equity Loan
Using the equity in your home is a smart way to borrow. You have the advantage of a lower rate than a personal loan and your interest may be 100% tax deductible.*
Payments Made Easy!
With loan amounts from $5,000-$500,000 and various term options available, we make it easy for you to find the loan that is right for you with a payment you can afford. You may borrow up to 80% of your home's property value minus the mortgage and liens. Plus, we’ll process your loan quickly and easily.
To obtain a home equity loan, the first thing you need to determine is how much equity you have in your home. Using the chart below, estimate your available equity.
Whether you need a loan for debt consolidation, home repairs, a new car, college tuition or a wedding, Credit Union of New Jersey can help with a low rate Home Equity loan that will save you money!
The Finest in Home Equity Financing
Choose from a Fixed-Rate Home Equity Loan or Variable-Rate Home Equity Line of Credit.