NEFCU Home Equity Loan
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Home Equity Loan

If you prefer the security of a fixed rate loan – or would like your money in one lump sum – consider our PowerLoan. Qualify and you can:

  • Borrow up to 80% of your home's appraised value, minus any other mortgages. We offer loan amounts from $15,000 to $250,000
  • Save with no attorney's fee and no application fee
  • Choose from our low- and no closing cost options
  • Save money come tax time. The interest on Home Equity products may be tax-deductible (consult your tax advisor)


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.