Home Equity Loans

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Home Equity Loan Savings Specials.

You’ve put a lot into your home. See how your home can give back.

Here are the home equity loan specials Discovery FCU is currently offering:

Fixed-Rate Home Equity Loans

Rates as low as 5.99% APR1

Home Equity Lines of Credit

Rates as low as 8.50% APR2

Plus – Pay no closing costs or application fees!

Save over $400!³

Here are just a few things you can do with a home equity loan:

Enhance your home’s exterior with new windows, roofing, or outdoor living space.

Remodel your interiors with a fresh kitchen, bathroom, or home office.

Consolidate high-interest debt into a single, much more manageable payment.

Purchase a car, boat, or RV – or pay off your old loan.

Finally go on that dream vacation you’ve been talking about forever.

Fixed-Rate Home Equity Loans

Rates as low as 5.99% APR*
  • Can be used for one or multiple projects or purposes
  • Lump-sum disbursement of funds
  • Up to 20 years to repay the loan

 Call us at 610.372.8010

Home Equity Line of Credit (HELOC)

8.50% APR**
  • Have funds available as you need them
  • Your credit limit is based on the equity you have in your home
  • Your credit line replenishes as you pay down the loan balance

Call us at 610.372.8010

What are you waiting for? It’s Now or Never.

Call us at 610.372.8010.

No Application Fees – savings up to $419.00.

Discovery FCU will pay up to $419.00 in application and processing fees including appraisal, flood determination, property search, mortgage documentation, and recording fees. HELOC and fixed rate Home Equity Loans must have a minimum initial draw of $10,000 at the time of loan opening.

Live Your Dreams with a Home Equity Loan.

Now is the perfect opportunity to take care of all those projects or purchases you’ve been putting on hold. Take your dream vacation, complete home improvements, or consolidate debt with Discovery FCU’s affordable home equity financing. Just think of what you could do if you tapped into your home’s equity.

Fun:

  • Build a deck, porch, or pool
  • Add a family room, game room, or man cave
  • Buy a car, boat, camper, or RV
  • Take a dream vacation

Practical:

  • Install new windows, a roof, or siding
  • Remodel the kitchen, bath, or primary bedroom
  • Pay for college
  • Consolidate expensive debt
discovery fcu loans

OUR MEMBERS LOVE US!

“The loan officers at Discovery are fantastic to work with!!! They helped us get our home equity loan and were there for us every step of the way. They were always there for any questions we had and were very responsive.”

Take Advantage of LOW RATES now!

 

APPLY ONLINE NOW

Local Lenders. Local Decisions.

Serving Berks County since 1959

At Discovery FCU, we’re all about personalized service. When you apply for a home equity loan or home equity line of credit at Discovery FCU, you’ll work with the same lender from start to finish. And, they work right here at our location in Wyomissing. You can reach them quickly and easily if you have a question or need to supply them with information. You can reach them by phone, e-mail or in-person at our branch. And, all of our decisions are made locally. Get the personal attention you need when applying for a home equity loan or home equity line of credit union. Call us today at 610.372.8010 or apply online.

NMLS# 410638

*Home Equity Fixed Rate Loan: Not all members will qualify for the advertised rate. APRs are based on creditworthiness, term of loan, loan-to-value, direct deposit & automatic payments to/from a Discovery FCU account. Other restrictions apply. A sample Fixed Rate Home Equity Loan payment based on $10,000, 85% LTV and a 5-year term at 5.99% is $193.28.

**Advertised Home Equity Line of Credit APR applies to a minimum advance of $10,000, a loan-to-value ratio of 80% for a primary residence located in PA. The line is subject to a Variable Rate which is based on the highest Prime Rate published in the Money Rates Section of the Wall Street Journal in effect on the last day of each month (“Index”) plus 0% (“Margin”). The Index plus the Margin equals the Interest Rate. Your rate will never be lower than 3.50% APR. As of 08/01/2023, the Prime Rate was 8.50% APR. Property insurance is required. PA residences only. All lines are subject to approval and collateral evaluation. Fees and charges may apply.

1APR = Annual Percentage Rate. Home Equity Fixed Rate Loan: Not all members will qualify for the advertised rate. APRs are based on creditworthiness, loan term, loan-to-value, direct deposit, and automatic payments to/from a Discovery FCU account. Other restrictions apply. A sample Fixed-Rate Home Equity Loan payment based on $10,000, 85% LTV, and a 5-year term at 5.99% is $193.28. Membership eligibility required.

2APR = Annual Percentage Rate. The advertised Home Equity Line of Credit APR applies to a minimum advance of $10,000 and a loan-to-value ratio of 80% for a primary residence in PA. Your credit line is subject to a Variable Rate, which is based on the highest Prime Rate published in the Money Rates Section of the Wall Street Journal in effect on the last day of each month (“Index”) plus 0% (“Margin”). The Index plus the Margin equals the Interest Rate. Your rate will never be lower than 3.50% APR. As of 08/01/2023, the Prime Rate was 8.50% APR. Property insurance is required. PA residences only. All lines are subject to approval and collateral evaluation. Fees may apply. Membership eligibility required.

³Discovery FCU will pay up to $419.00 in application and processing fees, including appraisal, flood determination, property search, mortgage documentation, and recording fees. HELOC and fixed rate Home Equity Loans must have a minimum initial draw of $10,000 at the time of loan opening.

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