Now is the time to tap into your home’s equity to pay for life’s planned and unexpected moments. We can help you borrow up to 100% of your home’s value**. Get started now!
Home equity loans are available in Pennsylvania and Maryland only. For non-members, you'll be required to join Members 1st to meet eligibility requirements.
Adulting is hard – from house projects to your kids’ college tuition or even medical bills, life moves pretty fast. So, let us help you manage it by leveraging the equity in your home. Don’t know what that is? We can help with that, too.
*APR = Annual Percentage Rate at 80% loan to value. Rates effective December 1, 2022. Minimum loan amount of $5,000.00 is required. $5,000.00 in new money is required when refinancing an existing Members 1st Home Equity Loan. Sample terms: If you borrow $30,000 at 5.99% APR for a 10-year term, your estimated monthly payment may be $332.98. If you borrow $30,000 at 6.74% APR for a 15-year term, your estimated monthly payment may be $265.31. Interest rates are based on creditworthiness and your home’s loan-to-value. Primary residence only. Property insurance is required. Pennsylvania and Maryland residences only. For non-members, you’ll be required to join Members 1st to meet eligibility requirements.
**100% financing is available on a primary residence and excludes rental properties. Sample terms: If you borrow $30,000 at 14.49% APR for a 20-year term, your estimated monthly payment may be $383.78. Other restrictions or conditions may apply. Rates are subject to change without notice. Consult your tax advisor for tax deduction information.
We do business in accordance with the Federal Fair Housing Law and Equal Credit Opportunity Act.
Using home equity to make home improvements can come with significant tax advantages. Since home equity loans offer lower interest rates than many student loans and credit cards, they can be a smart way to fund a college education, finance a wedding or consolidate high-interest debt.
When you apply for your Home Equity Fixed Rate loan, you can choose to add Member Value Protection (MVP). This coverage will cancel your monthly payments in case of death, disability, or involuntary unemployment—without penalty, added interest, or dings to your credit report.
Borrowing against the equity in your home is a big decision. But don't stress - we'll be with you every step of the way. Apply online and we'll reach out to go over your options.