Home Equity Lending
Turn your home's equity into the cash you need. You can use the equity in your home to fulfill any need or meet any goal — pay medical bills, finance an education, purchase a vehicle or even go on vacation. Borrow up to 80% of your home's appraised value, minus any first mortgage amount and liens.

Home Equity Program Features:

  • Up to 80% Loan to Value (LTV)
  • No application fees or points
  • A variety of terms
  • No processing fee for loans over $20,000

Loans under $20,000 incur a $250 processing fee.

Home Equity Fixed-Rate Loan

Our Home Equity Loan is a fixed-rate, closed-end program, making it easy to budget your payments. With this loan, you borrow a lump sum and enjoy both a fixed rate and uniform monthly payments.

Home Equity Variable-Rate Line of Credit

Our Home Equity Line of Credit is a variable-rate, open-end program, allowing you to enjoy the convenience of borrowing only what you need when you need it. A line of credit allows you to draw money against your approved borrowing amount as you need it. You can access your credit line with convenience checks or visit any branch to make a withdrawal, and the line can remain open as long as you need it.†

Home Equity Loan Fixed Closed-End Program Rates

Effective Oct 15, 2018
Max Amount Financed Est. Term APR* as low as
Up to 85% LTV** up to $250,000 Up to 60 Months 3.99%
Up to 85% LTV** up to $250,000 Up to 84 Months 4.50%
Up to 85% LTV**up to $250,000 Up to 120 Months 5.00%
Up to 85% LTV** up to $250,000 Up to 180 Months 5.50%

Rates 1.00% APR higher for Investment Properties. With our closed-end Home Equity Loan you can borrow a set amount for any reason. Contact us for complete details. Investment property Home Equity Loan credit limit is up to $50,000. *APR = Annual Percentage Rate. **LTV = Loan To Value. ***85% Available to 1st lien position only.

Home Equity Line of Credit Rates (Variable Rate APR)

Effective Oct 15, 2018
Max Amount Financed Est. Term APR* as low as
Up to 85% LTV** up to $250,000 Open End 5.25%

Our variable rate Home Equity Line of Credit (HELOC) allows you to establish your credit limit up to $250,000. Investment property HELOC credit limit is up to $50,000. Use it for any reason. Contact us for complete details. *APR = Annual Percentage Rate.**LTV = Loan To Value ***85% Available to 1st lien position only. 

Apply Today!

There are several convenient ways to apply:

Member Service Representatives are available to take your loan application by phone during business, evening and weekend hours. Check our Call Center Hours for availability.

Insurance & Protection Options

Debt Protection with Life Plus

Jersey Shore Debt Protection with Life Plus is a voluntary loan-payment protection product designed to help you get relief from loan payments if a protected life event unexpectedly happens to you. Learn more about Debt Protection with Life Plus.

TruStage™ Auto & Home Insurance Program

Working with carefully selected insurance partners, the TruStage program can provide discounted insurance rates for credit union members, plus online services and 24/7 claims service. If you haven't compared auto or home insurance rates lately, it's a great time to take a look. Your credit union membership could result in some nice savings. Learn more about TruStage Insurance.

NMLS number for Jersey Shore Federal Credit Union is 771969.

† Line of credit subject to credit check annually.