Home Equity Loans

Make the Most of Your Home’s Equity

Penlanco FCU fixed-rate home equity loans provide a reliable way to access your home’s value with predictable rates and flexible uses.

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Unlock the Value of Your Home with Penlanco FCU

Borrow with confidence — fixed rates, no surprises.

Are you looking to tap into the equity of your home to finance a major expense, renovate your property, consolidate debt, or pursue other financial goals? Penlanco Federal Credit Union offers fixed rate home equity loans that provide the stability, affordability, and flexibility you need. Our home equity loans feature low rates, flexible terms, and no pre-payment penalty. Here’s why you should consider borrowing with Penlanco FCU for your home equity needs.

Learn about Fixed Home Equity vs. HELOC

Home Equity Loan Benefits

Low Rates

At Penlanco FCU, we offer some of the lowest rates on home equity loans, making it more affordable for you to leverage the value of your home. Lower interest rates mean you save money over the life of the loan, allowing you to maximize the benefits of your home equity.

Flexible Terms

We understand that every member’s financial situation is unique. That’s why we offer flexible loan terms to fit your budget and repayment preferences. Whether you prefer shorter terms for quicker repayment or longer terms for lower monthly payments, we have options that work for you.

No Pre-Payment Penalty

Enjoy the freedom to pay off your loan early without worrying about penalties. Our fixed rate home equity loans come with no pre-payment penalty, giving you the flexibility to manage your finances as you see fit.

Use Your Loan for Any Purpose

Our home equity loans can be used for virtually any purpose. Whether you’re planning a home renovation, consolidating high-interest debt, funding education expenses, or covering unexpected costs, our loans provide the financial freedom you need.

How Much Can I Borrow?

Using the equity in your home can be a powerful financial tool, whether you’re planning home renovations, consolidating debt, or funding a major expense. Understanding how much you can borrow against your home equity is crucial in making informed financial decisions.

Our easy-to-use Home Equity Availability Calculator helps you determine the maximum amount you may be eligible to borrow based on your home’s current market value (x80%) and outstanding mortgage balance(s). Penlanco FCU offers home equity loans up to 80% loan-to-value.

Here’s how it works:
• Input Your Home Details: Enter the current market value of your home and any outstanding mortgage balance(s).
• Review Your Available Equity: The calculator will automatically calculate your home equity at 80% loan-to-value — the difference between your home’s value (x 80%) and your remaining mortgage balance.

How to Get Started

Ready to unlock the value of your home with a fixed rate home equity loan from Penlanco FCU? Applying for a home equity loan with Penlanco FCU is simple. Visit our branch, or apply online. Our team is here to guide you through the process and help you every step of the way.

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Home Equity Loans

All Penlanco FCU Fixed Home Equity Loans qualify for Penlanco Perks — earn up to 0.30% off your already low rate. Click here for details.

TERM	730 + FICO	690-729 FICO	650-689 FICO	610-649 FICO	<610 FICO
5 years	4.75%	5.00%	5.50%	6.25%	6.75%
10 years	4.95%	5.20%	5.70%	6.45%	6.95%
15 years	5.95%	6.20%	6.70%	7.45%	7.95%

Rates shown are Annual Percentage Rate (APR). APR is based on borrower(s) TransUnion credit score(s). Closing costs increase the APR. Fixed Home Equity Loans available in amounts of $5,000 or more. Maximum Loan-to-Value is 80%. The property must be in PA and be the primary residence.

Home Equity Payment Calculator

Loan Amount ($) Annual Percentage Rate (%) Loan Term (months)

Home Equity Availability Calculator

Home Value ($) Existing Liens / Mortgage Balances ($)

Calculation caps lending at 80% loan-to-value (LTV).

The Penlanco FCU Advantage

Member-Centric Service

As a member-owned credit union, we put you first. Our friendly and knowledgeable staff are dedicated to providing personalized service, helping you navigate the loan process with ease and ensuring you find the best loan solution for your needs.

Quick and Easy Application Process

Applying for a fixed rate home equity loan at Penlanco FCU is straightforward and hassle-free. Our streamlined application process ensures you get the funds you need quickly, with minimal paperwork and fast approval times. Whether you apply in person or online, we make it easy for you to get started. For fastest service, upload your verification of income as part of the online loan application process.

Trusted Community Partner

As a member-owned credit union, Penlanco FCU is deeply rooted in the community. When you borrow from us, you’re supporting an institution that reinvests in the local area and its residents. We’re committed to your financial well-being and the prosperity of our community.