Home Equity Line of Credit

For financing with flexibility, NEFCU’s PowerLine Home Equity Line of Credit can be your best choice. Qualify and:

• Borrow up to $250,000
  
• Enjoy easy access to a generous credit line by check, teller window, online or by phone
  
• Pay a low variable interest rate only on the money you actually use
  
• Have access to your funds for 10 years; 20 years to repay
  
• Save with no application fee and no closing costs if minimum draw requirement is met
  
• Interest-only payments during draw period
  
• Easily, automatically pay your line from your NEFCU Share or Checking account
  
• Save money come tax time. The interest on Home Equity products may be tax-deductible (consult your tax advisor)

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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.