Home Equity Loans Berks County, PA

Bellco Federal Credit Union is available to help at every important stage of your life. When you are facing a major life expense, such as a remodeling project on your home in Berks County, PA, college tuition, or another unexpected expense, Home Equity Loans can be the ideal solution.

As a member-owned, not-for-profit federal credit union, Bellco FCU has been offering unique financial products and services to people and small businesses in our local communities since 1938.  Whether you’re in the market for an auto loan, VISA credit card, personal loan, or a home mortgage or Home Equity Loan, we have a product to meet your needs.

Unlike for-profit banks and finance companies, Bellco FCU returns excess earnings to our members in the form of friendly service, low interest rates on loans, high-yield investment accounts, and low- or no-fee easy access account services.

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:

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

  • Funds are provided in a single lump sum;

  • You’ll make fixed monthly payments throughout the loan term;

  • Repayment terms can be customized to fit your budget and lifestyle;

  • The interest you pay on the loan may be tax deductible (check with your tax advisor);

  • 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!

Become a Member of Bellco FCU

Anyone who lives, works, worships, or attends school in Berks County may join Bellco FCU, including immediate family members, such as your spouse, children, siblings and parents. 

Simply open a Member Savings account with as little as $5, and solidify your membership in a few simple steps. This is not a fee; it is your share of the credit union. 

Once you join Bellco FCU, we welcome you to remain a member for life, regardless of where you live or work. You’ll be able to access your accounts from anywhere by mail, fax, telephone, online and at thousands of ATMs nationwide.

Every financial decision you make has benefits and drawbacks. It’s important to understand the pros and cons of Home Equity Loans and the other options. Let Bellco FCU in Berks County, PA, help you find the right solution for your situation. Start the local loan process today!