Home Equity Financing

Powerful home equity solutions
Your home may be more than just a great place to live; it may be a great source of cash. In fact, your home’s equity – the difference between its current value and anything you may still owe on its mortgage – can be used for just about anything, from a major renovation, debt consolidation, a dream vacation or child’s education. Plus, the interest you pay may be tax deductible, so consult your tax advisor.

At NEFCU, we’re ready to help you put the power of your home’s equity to work for you. We offer low, members-only rates and flexibility with:

• A Home Equity Line of Credit offering convenient access to a line of credit – via check, or online – at a low variable rate
  
• A Home Equity Loan, which may enable you to borrow up to 80% of your home’s equity at a low fixed rate.

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Want to know more? Speak to a representative at any NEFCU branch, or at 516.561.0030 or (800) 99-NEFCU outside the LI/NYC area to hear about the terms and conditions of this loan, subject to credit approval. NEFCU's loan program offerings can change at any time.