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Loans & Credit Cards

Home Equity Loans & Lines of Credit

When the bills get bigger, look no further.  Our Home Equity Loan or our Home Equity Line of Credit can help you cover major expenses such as home repairs, medical bills, or college education.

With a Home Equity Loan and Home Equity Line of Credit you borrow against the equity in your home, which is the difference between the value of your home and your current mortgage balance.  Plus, the interest payments on a Home Equity Loan may be tax-deductible^.

^Please consult a tax professional regarding specific information on your individual situation.


  • Loans over $200,000 require an appraisal, paid for by applicant.  Applicant pays applicable portion of closing costs for loans over $350,000.
  • If credit line is closed within 36 months of opening, or if the home equity loan is paid off within 36 months, all closing costs waived and/or paid by Sperry FCU will be added to the loan payoff.
  • Loans available for properties in NY, NJ, PA, MD, DE and VA.
  • Available on 1-4 family residential properties and vacation homes. Other programs available for non-owner occupied residential properties.

Home Equity Loan

Our Home Equity Loan is a fixed-rate loan that provides you with fast, convenient funding.  We call it Equity Express!

  • Fixed rate
  • Terms up to 30 years
  • Loan amounts up to $35,000-$500,000
  • Loans available up to 80% LTV
  • Monthly member statements
  • 24/7 account access with our Free Online Banking or Free Mobile Banking App


Home Equity Line of Credit (HELOC)

Access the money you need, when you need it and pay interest only on the amount you owe while in the draw period.  Be prepared for the unexpected with an affordable and flexible solution.  Our HELOC is a great option for immediate access to large sums of cash whenever you need it.  Plus, you can use your line of credit all at once or a little at a time – you decide.

  • Low-fixed introductory rate - CURRENTLY 2.75% APR FOR 18 MONTHS
  • Variable rate
  • 10 year draw period with extension options available
  • Interest only payments for the first 10 years, then a 15 year payback schedule
  • Loan amounts up to $350,000
  • Loans available up to 75% LTV
  • Minimum balance requirements (see Rates page)
  • 24/7 account access with our Free Online Banking or Free Mobile Banking App


  • Equal Housing Lender
  • Norton by Symantec