Home Equity Loans in Pennsylvania

CLOSED END HOME EQUITY

Your Home’s Biggest Secret? The Cash Hiding In Its Walls. Use Your Home’s Equity To Finance All Kinds Of Needs.

Key Features

Competitive Rates

Tax Advantages

Flexible Terms

Local Service

Home Equity Loan Details

A Home Equity Loan is a fixed-rate loan for a lump sum of cash. It is ideal for larger expenses such as renovations, debt consolidation, or education costs. It is available to people who live, work, worship or attend school in any of the following counties: Armstrong, Blair, Cambria, Cameron, Centre, Clarion, Clearfield, Clinton, Elk, Forest, Huntingdon, Indiana, Jefferson, or Mifflin.

Competitive rates for several short-term or one-time needs:
- Major life events
- Debt consolidation
- Refinancing a first mortgage
- And much more
The existing equity in your home is used as collateral backing
The interest paid might be tax deductible¹
Minimum loan amount of $10,000
5-year, 7-year, 10-year, 15-year, and 20-year terms available
Quick, local decision-making and processing in Central Pennsylvania
Attentive, friendly service from people in your community

Home Equity Lines of Credit in Pennsylvania (HELOC)

A Home Equity Line of Credit (HELOC) is a revolving line of credit similar to a credit card. It is secured by your home equity. It is great for ongoing or unexpected expenses! It is available to people who live, work worship or attend school in any of the following counties: Armstrong, Blair, Cambria, Cameron, Centre, Clarion, Clearfield, Clinton, Elk, Forest, Huntingdon, Indiana, Jefferson, or Mifflin.

Competitive rates for several ongoing or seasonal needs:
- Major life events
- Home remodel projects
- Medical expenses
- Education expenses
- And much more!
The existing equity in your home is used as collateral backing
Borrow up to 90% of the equity in your home
Funds available anytime without reapplying; apply once, then use repeatedly thereafter
Draw against your line of credit for up to 15 years
Funds easily available via in-person or phone transfers to a specified Timberland FCU checking account
The interest paid might be tax deductible¹
Quick, local decision-making and processing in Central Pennsylvania
Attentive, friendly service from people in your community

What is a home equity loan in Pennsylvania?

A home equity loan in Pennsylvania allows homeowners to borrow against the equity they've built in their home. Home equity loans provide funds that can be used for home improvements, debt consolidation, major expenses and other qualifying needs.

What is the difference between a home equity loan and a HELOC?

A home equity loan provides a lump sum with a fixed repayment structure, while a home equity line of credit (HELOC) provides a revolving line of credit that can be accessed as needed. Both home equity options allow you to borrow against your home's available equity.

How much can I borrow with a home equity loan?

The amount you may be able to borrow with a home equity loan depends on factors including your home's value, existing mortgage balance, credit history and other lending qualifications. Timberland FCU offers home equity loan and HELOC options for eligible borrowers in Pennsylvania.

What are home equity loans used for?

Home equity loans can be used for a variety of expenses, including home renovations and improvements, debt consolidation, education expenses, major purchases and other qualifying financial needs.

What are the benefits of a home equity loan in Pennsylvania?

A home equity loan can provide access to funds based on the equity in your home, often with a fixed repayment structure. Homeowners in PA may use home equity financing for renovations, debt consolidation, education expenses and other major financial needs.

Home Equity Application

Home Equity Application

Name(Required)

First Last

Physical Address(Required)

Street Address Address Line 2 City State ZIP Code

Is your mailing address the same as your physical address?(Required)

Yes

Mailing Address(Required)

Street Address Address Line 2 City State ZIP Code

Is your collateral address the same as your physical address?(Required)

Yes

Collateral Address(Required)

Street Address Address Line 2 City State ZIP Code

Residential Status(Required)

Rent

Own w/ Mortgage

Own w/o Mortgage

Housing Payment(Required)

Please enter a number from 0 to 10000.

Years at Address(Required)

Social Security Number(Required)

Date of Birth(Required)

Driver's License/ID Number(Required)

Numbers Only

Email(Required)

Phone(Required)

Employer(Required)

Years at Company

Occupation/Title(Required)

Gross Salary per Month(Required)

Please enter a number from 0 to 100000.

Other Income Sources

Ex: Alimony, Child Support, Additional Employment

Amount Per Month

Please enter a number from 0 to 100000.

Type of Loan(Required)

Home Equity Installment Loan (Fixed)

Home Equity Line of Credit

Amount Requested(Required)

Please enter a number from 10000 to 400000.

Term Requested (in months)(Required)

Please enter a number from 60 to 240.

Purpose of Loan/Proceeds to be used for(Required)

Applicant Ethnicity:(Required)

Applicant Ethnicity (cont)(Required)

If Other Hispanic or Latino (Applicant)(Required)

Print origin, for example, Argentinian, Colombian, Dominican, Nicaraguan, Salvadoran, Spaniard, and so on:

Applicant Race:(Required)

Check one or more:

If American Indian or Alaska Native - Type name of enrolled or principal tribe (Applicant):(Required)

If Asian (Applicant)(Required)

If Other Asian - Type race, for example, Hmong, Loatian, Thai, Pakistani, Cambodian, and so on (Applicant):(Required)

If Native Hawaiian or Other Pacific Islander (Applicant)(Required)

If Other Pacific Islander - Type race, for example, Fijian, Tongan, and so on (Applicant):(Required)

Applicant Sex:(Required)

Do you have any outstanding judgments?(Required)

Yes

Have you ever had any garnishments?(Required)

Yes

Have you ever filled for Bankruptcy or Chapter 13?(Required)

Yes

Have you had any property foreclosed on in the last 7 years?(Required)

Yes

Are you currently a defendant in any lawsuit or legal action?(Required)

Yes

Do you have any tax obligations, including payroll or real estate taxes, past due?(Required)

Yes

Is your income likely to decrease in the next 2 years?(Required)

Yes

Have you ever obtained credit under another name>(Required)

Yes

Other name:(Required)

Are you a co-maker or co-signer on any loan?(Required)

Yes

For whom:(Required)

Amount:(Required)

Indicate Immigration Status:(Required)

U.S. Citizen

Permanent U.S. Resident

Other

If other, enter Immigration Status:(Required)

Is there a Joint or Co-Applicant?(Required)

Yes

Type of Applicant(Required)

Spouse

Non Spouse

Name(Required)

First Last

Address(Required)

Street Address Address Line 2 City State ZIP Code

Residential Status(Required)

Rent

Own w/ Mortgage

Own w/o Mortgage

Housing Payment(Required)

Please enter a number from 0 to 100000.

Years at Address(Required)

Social Security Number(Required)

Date of Birth(Required)

Driver's License/ID Number(Required)

Numbers Only

Email(Required)

Phone(Required)

Employer(Required)

Occupation/Title(Required)

Years at Company(Required)

Gross Salary per Month(Required)

Please enter a number from 0 to 100000.

Other Income Sources

Ex: Alimony, Child Support, Additional Employment

Amount Per Month

Please enter a number from 0 to 100000.

Joint / Co-Applicant Ethnicity:(Required)

Joint / Co-Applicant or Co-Signer Ethnicity (cont)(Required)

If Other Hispanic or Latino (Joint / Co-Applicant)(Required)

Print origin, for example, Argentinian, Colombian, Dominican, Nicaraguan, Salvadoran, Spaniard, and so on:

Joint / Co-Applicant Race:(Required)

Check one or more:

If American Indian or Alaska Native - Type name of enrolled or principal tribe (Joint / Co-Applicant):(Required)

If Asian (Joint / Co-Applicant)(Required)

If Other Asian - Type race, for example, Hmong, Loatian, Thai, Pakistani, Cambodian, and so on (Joint / Co-Applicant):(Required)

If Native Hawaiian or Other Pacific Islander (Joint / Co-Applicant)(Required)

If Other Pacific Islander - Type race, for example, Fijian, Tongan, and so on (Joint / Co-Applicant):(Required)

Joint / Co-Applicant Sex:(Required)

Do you have any outstanding judgments?(Required)

Yes

Have you ever had any garnishments?(Required)

Yes

Have you ever filled for Bankruptcy or Chapter 13?(Required)

Yes

Have you had any property foreclosed on in the last 7 years?(Required)

Yes

Are you currently a defendant in any lawsuit or legal action?(Required)

Yes

Do you have any tax obligations, including payroll or real estate taxes, past due?(Required)

Yes

Is your income likely to decrease in the next 2 years?(Required)

Yes

Have you ever obtained credit under another name>(Required)

Yes

Other name:(Required)

Are you a co-maker or co-signer on any loan?(Required)

Yes

For whom:(Required)

Amount:(Required)

Indicate Immigration Status:(Required)

U.S. Citizen

Permanent U.S. Resident

Other

If other, enter Immigration Status:(Required)

Is there a co-signer?(Required)

Yes

Type of Applicant(Required)

Spouse

Non Spouse

Name(Required)

First Last

Address(Required)

Street Address Address Line 2 City State ZIP Code

Residential Status(Required)

Rent

Own w/ Mortgage

Own w/o Mortgage

Housing Payment(Required)

Please enter a number from 0 to 100000.

Years at Address(Required)

Social Security Number(Required)

Date of Birth(Required)

Driver's License/ID Number(Required)

Numbers Only

Email(Required)

Phone(Required)

Employer(Required)

Occupation/Title(Required)

Years at Company(Required)

Gross Salary per Month(Required)

Please enter a number from 0 to 100000.

Other Income Sources

Ex: Alimony, Child Support, Additional Employment

Amount Per Month

Please enter a number from 0 to 100000.

Co-Signer Ethnicity:(Required)

Co-Signer Ethnicity (cont)(Required)

If Other Hispanic or Latino (Co-Signer)(Required)

Print origin, for example, Argentinian, Colombian, Dominican, Nicaraguan, Salvadoran, Spaniard, and so on:

Co-Signer Race:(Required)

Check one or more:

If American Indian or Alaska Native - Type name of enrolled or principal tribe (Co-Signer):(Required)

If Asian (Co-Signer)(Required)

If Other Asian - Type race, for example, Hmong, Loatian, Thai, Pakistani, Cambodian, and so on (Co-Signer):(Required)

If Native Hawaiian or Other Pacific Islander (Co-Signer)(Required)

If Other Pacific Islander - Type race, for example, Fijian, Tongan, and so on (Co-Signer):(Required)

Co-Signer Sex:(Required)

Do you have any outstanding judgments?(Required)

Yes

Have you ever had any garnishments?(Required)

Yes

Have you ever filed for Bankruptcy or Chapter 13?(Required)

Yes

Have you had any property foreclosed on in the last 7 years?(Required)

Yes

Are you currently a defendant in any lawsuit or legal action?(Required)

Yes

Do you have any tax obligations, including payroll or real estate taxes, past due?(Required)

Yes

Is your income likely to decrease in the next 2 years?(Required)

Yes

Have you ever obtained credit under another name?(Required)

Yes

Other name:(Required)

Are you a co-maker or co-signer on any loan?(Required)

Yes

For whom:(Required)

Amount:(Required)

Indicate Immigration Status:(Required)

U.S. Citizen

Permanent U.S. Resident

Other

If other, enter Immigration Status:(Required)

Additional Information

Please enter any additional information that would like us to know.

CAPTCHA

CLOSED END HOME EQUITY

Competitive Rates

Tax Advantages

Flexible Terms

Local Service

Home Equity Loan Details

Home Equity Lines of Credit in Pennsylvania (HELOC)

What is a home equity loan in Pennsylvania?

What is the difference between a home equity loan and a HELOC?

How much can I borrow with a home equity loan?

What are home equity loans used for?

What are the benefits of a home equity loan in Pennsylvania?

Home Equity Application

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