Home Equity

Tap the equity in your home with no closing costs!**

If you own a home in Maryland, Delaware or Pennsylvania, we can help you tap the equity you need to consolidate debt, make home improvements, pay for a child’s college education, and more!  Choose from a line of credit or a fixed-rate loan. Approved loan amounts based on 85% of appraised value of Primary Residence or 80% of appraised value of Secondary Residence less first mortgage balance.

Home Equity Line of Credit

  • 1.49% APR* introductory rate for the first year 
  • 10-year draw period for advances 
  • No Closing Costs**

Have questions? Email a Loan Counselor at mortgages@bcefcu.com.

Fixed Rate Home Equity Loans

A fixed rate offers the security of a fixed monthly payment.
No closing costs **

APR RangeTerms
4.25% to 10.25%*Up to 60 months
4.50% to 10.50%*Up to 120 months
4.75% to 10.75%*Up to 180 months

*Subject to credit approval. Check for qualifying details.  APR = Annual Percentage Rate. Line of Credit Loan variable rate based on prime rate minus 1% with a floor of 2.90% APR.

**If loan is paid off within 24 months of the original note date, closing costs must be reimbursed to the Credit Union by the borrower.

Nationwide Mortgage Licensing System: NMLS # 410315