3.49% APR*

Life happens. So, why not use the value in your home to help with the planned and the unexpected? With loan rates still near historic lows, we can help you borrow up to 100% of your home's value**, with terms up to 20 years.

Home equity loans are available in Pennsylvania and Maryland only.


"Home equity" may sound complicated, but it's actually simple. Home equity is the value of your home minus what you still owe on your mortgage. So, if your home is worth $200,000, and you have paid $100,000 of your mortgage, you have $100,000 in equity. The real question is—what would you do with your home's equity?


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*APR = Annual Percentage Rate at 80% loan to value. Rates effective 9/25/2020. Minimum loan amount of $25,000.00 required. $25,000.00 in new money required when refinancing an existing Members 1st Home Equity Loan. Sample terms: If you borrow $30,000 at 3.49% APR for a 10-year term, your estimated monthly payment may be $296.53. If you borrow $30,000 at 3.99% APR for a 15-year term, your estimated monthly payment may be $221.78. Interest rates are based on creditworthiness and your home's loan-to-value. Primary residence only. Property insurance is required. Pennsylvania and Maryland residences only.

**100% financing is available on loan amounts up to $150,000 on a primary residence and excludes rental properties. Sample terms: If you borrow $30,000 at 9.99% APR for a 20-year term, your estimated monthly payment may be $289.43. Other restrictions or conditions may apply. Rates are subject to change without notice. Consult your tax advisor for tax deduction information.

Equal Housing Lender LogoWe do business in accordance with the Federal Fair Housing Law and Equal Credit Opportunity Act.

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Explore the Possibilities

Using home equity to make home improvements can come with significant tax advantages. Since home equity loans offer lower interest rates than many student loans and credit cards, they can be a smart way to fund a college education, finance a wedding or consolidate high-interest debt.

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Member Value Protection

When you apply for your Home Equity Fixed Rate loan, you can choose to add Member Value Protection (MVP). This coverage will cancel your monthly payments in case of death, disability, or involuntary unemployment—without penalty, added interest, or dings to your credit report.

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Not Sure? Let's Talk.

Borrowing against the equity in your home is a big decision. But don't stress - we'll be with you every step of the way. Apply online and we'll reach out to go over your options.


One day it dawned on Christine that her new home wasn't big enough for her kids, husband and, of course, her mother. So, she used the equity from the purchase of her new home to build a space for her mom...a "mom cave"...and renovate her new home's kitchen and kids' rooms. All made possible with a great rate on a Members 1st Home Equity Loan.


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Rates As Low As

48 Months 3.49% APR
60 Months 3.49% APR
84 Months 3.74% APR
120 Months 3.74% APR
View All Rates

Thinking of using a home equity loan to buy a car? Compare your options and see how much you could save.

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Common Questions

A home equity loan is a fixed-rate loan that lets you borrow a lump sum of money at a specific annual percentage rate for a specific amount of time. Your payments remain consistent throughout the length of your loan. With a home equity line of credit, you have a variable rate loan which means your interest rate can change over time and your payments may fluctuate.

There are several online home valuation websites that may provide value estimates. These estimates give a general idea of value, but do not replace an actual appraisal. When you apply and are approved for a home equity loan or Home Equity Freedom Line of Credit with Members 1st, a home appraisal is completed that provides an accurate current market value.

Yes! When you set up your loan payments through payroll deduction, direct deposit, or automatic transfer, you will receive a 0.20% rate reduction for your home equity fixed rate loan.

We can help you make an informed decision as to which loan product is best for your individual situation and financial goals. Talk to one of our experts today.

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Wondering how the equity in your home can help you? Complete your application online, and an associate will be in touch to discuss your borrowing options and schedule an appraisal to determine your exact qualifying terms.

Apply Now

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