Home Equity Loan Rates Reading, PA

If you want to tap into the equity in your Reading, PA home to replace the roof, pay for college tuition, or take care of a large unexpected expense, visit Bellco Federal Credit Union to explore our current Home Equity Loan rates.

About Bellco Federal Credit Union

Originally known as the Bell Telephone Credit Union, Bellco FCU, a member-owned, not-for-profit federal credit union, opened its doors in 1938 and continues to provide unique financial products and services to individuals and small businesses in Berks County.

Like banks, credit unions accept deposits, make loans and provide a wide variety of other financial services. But as member-owned and cooperative institutions, we provide a safe place to save and borrow at reasonable rates with exceptional customer service.

Membership in Bellco FCU is open to people who live, work, worship, or attend school in Berks County, PA. Simply open a Member Savings account with as little as $5, and set up your membership in a few simple steps.

Once you are a member, your immediate family members will be eligible to join too and take advantage of competitive rates for mortgages, personal loans, credit cards, and the many other services we offer.

What is a Home Equity Loan?

A Home Equity Loan is a second mortgage on your primary residence. It allows you to borrow based on the appraised value of your home, minus the amount you still owe on your mortgage.

This loan is perfect for big-ticket purchases, such as home improvements, dream vacations, weddings, education expenses, debt consolidations, and more. It can help you fund large purchases without touching your savings.

Bellco FCU’s Home Equity Loans offer flexible terms up to 15 years. The benefits include:

  • Secured by the equity in your home

  • Competitive rates for several short-term or one-time needs;

  • Funds are provided in a single lump sum;

  • Monthly payments remain the same over the life of the loan

  • No restrictions on use of funds

  • Local, Pennsylvania decision-making and processing;

  • Friendly service from start to finish;

  • Optional Bellco Loan Protection available.

Even when you still owe on your mortgage, you don’t have to sacrifice your dreams. The equity you’ve built up in your home may be the answer. Home Equity Loans can provide the financial freedom you need!

Whether you are interested in a traditional Home Equity Loan or another type of home loan, Bellco FCU’s locally-knowledgeable loan advisors will be happy to help! By evaluating your credit worthiness based on your income, assets, debts and past credit use, we can help you determine how much you can afford to borrow.

To learn more about Home Equity Loan rates in Reading, PA, get in touch with Bellco FCU today. We have the tools and expertise to help you make the right decisions.