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Home Equity Loans

Make the most out of the value in your home.
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If you’ve owned your home for several years, it’s possible you have thousands of dollars of equity you can use as a source of funds. Our Home Equity lines of credit and loans offer a way for you to access those funds so you can make home improvements, pay college tuition, or take care of other major expenses.

Compare Products

  • Best if you want

    Best if you want

  • Options and perks

    Options and perks

Low-Cap Home Value Line of Credit

  • Best if you want

    A revolving line of credit based on your home’s value.

  • Options and perks

    With rates lower than a credit card, you can use this line of credit to make home improvements or pay down debt.

Fixed Rate Home Equity Loan

  • Best if you want

    A loan with a fixed rate, monthly payment, and terms.

  • Options and perks

    With competitive fixed rates and terms, this is a great financial resource for special projects and unexpected expenses.*****

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I Felt Overwhelmed

“I felt overwhelmed with debt, and I needed more money each month. I went to Peninsula and they talked to me about a Home Equity Loan. Now I have one easy payment, my debt is going away, and I have a little bit more each month for other purchases.”

Helpful Details

Our Home Value lines of credit offer:

No annual fee

And no costs or fees to open your Home Value Line.*

Up to 15-year draw period

Use and re-use your available credit as needed.**

Convenient access to your funds

Access anytime via online banking, or call us.

Tax benefits

Speak to your tax advisor to see what benefits may apply.

Third Party Fees

You must pay certain fees to third parties such as appraisers, credit reporting firms, and government agencies. In addition, you must carry insurance on the property that secures this Account. The amount of these fees depends on the amount of the line of credit, and generally total between $189 and $1,472.50.

Call to speak to a Member Service Representative

Our experienced team can help you choose the best option for your needs.

Call us at 1.800.426.1601 or email us

FAQs and Tips

Home Equity FAQs

Yes, if your mobile home was built in 1976 or after, and is at least a double wide, it could be eligible.
Fixed loan you borrow a set amount and agree to pay that back in a certain amount of time. A line of credit you can use, pay back, and use again.

Quick Tip

Home Equity Loans can help you consolidate credit card debt

If you’re using your Home Equity Loan to pay off credit cards, in addition to lower interest rates, you’ll have the benefit of consolidating all your debts into one payment.

GET MORE TIPS

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Ready to apply for a Home Equity Loan?

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1.800.426.1601
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Disclosures

We do business in accordance with the Federal Fair Lending Act.

*These fees are conditionally waived. If the account is closed before the fifth anniversary of the opening date, the waiver will be revoked and the fees will be added to the outstanding balance that must be paid in order to release the collateral.
On approval of credit. Maximum loan amount and/or cumulative loan to value are subject to underwriting guidelines and credit information. Property insurance required. Based on an acceptable tax assessment and/or appraisal at the discretion of PCFCU.

**Subject to ownership as your primary residence and loan is maintained on an as agreed basis.

***On approval of credit. Maximum loan amount and/or cumulative loan to value are subject to underwriting guidelines and credit information. Property insurance required. Based on an acceptable tax assessment and/or appraisal at the discretion of PCFCU.

****The maximum LTV for PCFCU’s Flex-Pay Home Value Line of Credit is 80% with a maximum loan amount of $300,000. PCFCU’s Fixed Home Equity options include the products designed to meet your needs.

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