Our members, Patty and Bryan, used their home's equity to transform their outdated home into a space perfect for their big family. They figured, why buy someone else's dream home when they could renovate their own? With a little help from us, they used a home equity loan to bring their home to its full potential—and wow—the results speak for the themselves.


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*APR = Annual Percentage Rate at 80% loan to value. Rates effective December 1, 2022. Minimum loan amount of $5,000.00 is required. $5,000.00 in new money is required when refinancing an existing Members 1st Home Equity Loan. Sample terms: If you borrow $30,000 at 5.99% APR for a 10-year term, your estimated monthly payment may be $332.98. If you borrow $30,000 at 6.74% APR for a 15-year term, your estimated monthly payment may be $265.31. 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. For non-members, you’ll be required to join Members 1st to meet eligibility requirements.

**100% financing is available on a primary residence and excludes rental properties. Sample terms: If you borrow $30,000 at 14.49% APR for a 20-year term, your estimated monthly payment may be $383.78. Other restrictions or conditions may apply. Rates are subject to change without notice. Consult your tax advisor for tax deduction information.

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Pre-Home Equity Loan

Having recently purchased their new home, Patty and Bryan knew that it would need some work to truly feel "theirs." With the main living areas like the family room, kitchen and dining room being outdated, the couple chose to get a home equity loan with us to fund some major upgrades.

The Big Reveal

Patty and Bryan used their home equity loan to give their home quite the transformation! Upgrades to their family room, kitchen and dining room have made a significant impact on the functionality of their home for the whole family. They now have the perfect gathering place to make memories for years to come.

Why not you?

As Patty and Bryan's story shows, borrowing against the equity in your home is a big decision. But don't worry—we'll be with you every step of the way. 


Home equity loans can be used for things other than renovations, too. Use your home's value to fund college expenses, a new car, unexpected bills and much more. 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.** 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.

Home Dream Home

Buying your dream home is one of those big life milestones that you save up for and dream about. For Patty and Bryan, their dream home ended up being one with a bit more character than they had originally envisioned. Built in the 1980s, they saw their home as an investment and wanted to give it a little face-lift so that they could bring it to its full potential. To do so, they knew they would need a little bit of help financially, so they turned to us for some assistance. Click here to read their full story.

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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.

Rates As Low As

48 Months 5.74% APR
60 Months 5.74% APR
84 Months 5.99% APR
120 Months 5.99% 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.

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