Access My Accounts
User ID
 
ACE-Link
Learn More | Sign-Up | Demo
 
Why Use Online Bill Pay?
 











Products & Services » Loans » Home Equity Loans

Home Equity Loans

If real estate is your focus now, we are your source. If you want to use the equity in the home you now own, call us. We want to help.

Our Home Equity Loans Can Help You Make Things Happen!
You can make your home a castle, consolidate your bills, or use the equity in your house for any good reason.

Think about what you could do:

  • add a deck
  • kitchen or bath
  • pay for an education
  • take a special vacation;
  • and more.

Your opportunities are unlimited!

We offer Fixed Rate and Variable Rate Home Equity Loans. And remember, the interest you pay on a Home Equity Loan is usually tax deductible. Check with your tax advisor.


Fixed Rate Home Equity Loan
Take advantage of our low rate and choose terms of 5, 10, and 15 years to repay. The rate will be in effect for the term of your loan. You can borrow up to 75% of the market value in your home, minus your first mortgage.


Variable Rate Home Equity Line Of Credit
With our Variable Rate Home Equity Line of Credit Loan, the credit union will lend you an amount equal to as much as 75% of the market value in your home, less the first mortgage.

The rate will be based on the Prime Rate, as quoted in the Wall Street Journal on the last business day of February, May, August, and November, plus .5%.

Please check with the credit union for additional information, draw schedule, and repayment terms.

Check out our low rates today.


Apply For A Loan


 
©2006 - 2012 Atlantic City Electric Company Employees Federal Credit Union
Legal Notice  |   Privacy Policy