Home Equity Loans / Lines

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Need to update your home, consolidate debt, or make a large purchase?

Take advantage of the equity in your home as a low-cost financing alternative.

A Home Equity Loan or Line from 1st Ed can take care of all your lending needs. Your home serves as collateral in exchange for an excellent rate and flexible terms.

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Home Equity Loan

  • Perfect for a one-time purchase or project
  • Features a fixed rate for a set amount
  • Up to 15 years to repay

Compared to other types of loans, low closing costs and excellent rates make this an ideal choice – and the cost of your dream more affordable.

Have loan security with 1st Ed Credit Union’s Protection Plus

Click below 24 hours a day to start your application. You can also call 717-264-6506 (option 6) for a representative to take your application by phone.

Apply Now

Home Equity Loans Fixed Rate Up to 85% LTV

Info and/or Terms APR
5 years - Min: $15,000; Max: $50,000 (as low as) 6.218%*
10 years - Min: $25,000; Max: $250,000 (as low as) 6.034%*
15 years - Min: $50,000; Max: $250,000 (as low as) 6.382%*

*APR=Annual Percentage Rate. APR and loan approval based on creditworthiness, loan term, loan to value ratio and lien position.  Rates are subject to change without prior notice.

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Line of Credit

A versatile Home Equity Line of Credit (HELOC) can be tapped into as often as needed, up to your approved amount. As you repay, funds become available to use again.

  • Low variable rate
  • Funds are replenished as you repay

HELOCs also feature excellent rates and low closing costs, frequently lower than those with a fixed rate Home Equity Loan. So, you’ll save even more.

Have loan security with 1st Ed Credit Union’s Protection Plus

Click below 24 hours a day to start your application. You can also call 717-264-6506 (option 6) for a representative to take your application by phone.

Apply Now

Home Equity Lines of Credit Up to 85% LTV

Info and/or Terms APR
Home Equity Lines of Credit (as low as) 4.25%*

Min: $5,000
Max: No Maximum Loan Amount

Your rate may vary from what is listed. Your interest rate will be based on your credit score. In addition, the Loan to Value Ratio and Lien Position are factors in determining rate. Lines of $100,000 or greater must be first lien.

* Promotional offer effective 04/08/2024. $10,000 new money required. After 12 months at 4.25% introductory rate, the interest rate will adjust to as low as Prime Rate minus .50%. Post-introductory rate may vary based on credit score. Prime Rate Effective 12/19/2024 =7.50%. Contact the credit union for complete qualification details. Maximum loan-to-value dependent on credit score. If you close your home equity line of credit within 36 months from the opening date you agree to reimburse the lender for any third party fees the lender paid on your behalf.

Beat the heat with a better rate! Auto loans as low as 5.14% APR.*

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