loans: home equity

Your ClearChoice for lending

We're committed to providing our members with affordable loan rates delivered with a fast, simple application process.

ClearChoice Home Equity Loans let your
home work for you

(Pennsylvania Only)¹

  • Low fixed rates
  • Terms up to 240 months
  • Flexible repayment options
  • Borrow up to 90% of your primary residence value
  • Call (610) 376-0605 or (800) 397-9406 or stop by the branch for
    an application
  • Interest may be tax deductible*
  • Low cost voluntary credit life and credit disability coverage available

ClearChoice Home Equity Balloon Loan

(Pennsylvania Only)¹

An alternative to our standard Home Equity Loan, the Home Equity Balloon Loan allows you to borrow up to 80% of the value of your home with a lower monthly payment! For instance:

Home Equity Loan

$50,000 would be $442.62 a month

Home Equity Balloon Loan

$50,000 would be $284.01 a month

The Home Equity Balloon Loan payment is calculated on up to a 30 year term. The maximum term of the balloon loan option is 5 years.

ClearChoice Home Equity Line of Credit offers
you financial flexibility

(Pennsylvania Only)¹

  • Competitive rates
  • A line of credit lets you give yourself a loan when needed to consolidate high interest rate credit card, pay tuition and much more
  • Convenient access through checks, online banking, or at any branch
  • Available on primary residence
  • No prepayment penalty
  • 5 year draw period followed by an additional 15 year repayment period
  • Interest may be tax deductible*
  • Borrow up to 80% of the equity in your home
  • Automatic deduction payment option available
  • Initial draw not required – no minimum or maximum advances
  • Rates vary and adjust quarterly based on the Wall Street Journal Prime Rate (Index) plus a margin** of as low as 0.0% APR***
  • Minimum rate is 5.00% APR*** & maximum life time interest rate will not exceed 18% APR***
  • Low cost voluntary credit life and credit disability coverage available

Click here for current loan rates

Home Equity Loan and Line of Credit Important Notes and Disclaimers

  • *Consult a tax advisor regarding the deductibility of interest
  • ¹You must pay certain fees to third parties to open the home equity line of credit plan. These fees generally total between $170.00 and $550.00. If you ask, we will provide you with an itemization of the fees you will have to pay third parties.
  • ** Margin depends on your individual credit history
  • ***Annual Percentage Rate

Use our Loan Calculator to determine the loan financing and payment options that are right for you!