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Home Equity Loans

Put the equity in your home to work with a Riverfront Home Equity Loan. Take a dream vacation, put an addition on your house, buy a car, pay for education expenses and more.

  • Big borrowing power - Borrow up to 100% of the equity in your home (minus any outstanding mortgages) up to $250,000.
     
  • Flexible terms - Choose terms up to 20 years.
     
  • Tax deductible interest - The interest you pay on your Riverfront home equity loan may be tax deductible (see your tax advisor for details).
     
  • Consolidate Debt – Use the equity in your home to pay off high interest rate debt. The following items will be requested when consolidating debt:
    • 10 day payoff statement(s) if debt to be refinanced is a loan
    • Most recent copies of credit statements (credit card debt)
    • Proof of homeowners insurance (Home Equity Loan only)
    • Proof of income may be required
       
  • For a free quote on Auto/home Insurance click here!

How to apply

Applying for a Riverfront loan is as easy as 1, 2, 3... 

1.    Log on to OnlineDirect

2.   
Click the Transaction button

3
.    Click the Applications button

4.
    Complete the Home Equity Loan Application

5.
    Submit

Home Equity Loans are available in PA, NJ, DE, MD, NY, and CA only, and must be secured by an owner occupied property.

Contact lending@riverfrontfcu.org for more information.

Home Equity Loans
 Rates Effective: 3/1/2008APR
Home Equity: 3 Yr5.24%
Home Equity: 5 Yr5.24%
Home Equity: 7 Yr5.74%
Home Equity: 10 Yr5.74%
Home Equity: 15 Yr6.24%
Home Equity: 20 Yr6.99%
Rates stated as annual percentage rate.
Loan rates are effective as of the date indicated above and are subject to change at anytime.
Actual interest rate will be determined based on member’s credit history. Please call RFCU for current rates and terms at (800) 451-3477 or (610) 374-8351. For loans over 80% loan to value, additional rates apply. Need a loan after hours. Call (877)850-8231 7 days a week or choose Online Direct to apply online.

Loan Fees

 
 


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