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Home Equity Loans
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Last Updated: 04/18/2025

Penn Federal Credit Union Home Equity Loans

in Home Equity Loans from Penn Federal Credit Union

Last Updated: 04/18/2025

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Penn Federal Credit Union Home Equity Loans Review

Penn Federal Credit Union Home Equity Loans is offered by Penn Federal Credit Union , a credit union founded in 1990 and based in Philadelphia, PA. Penn Federal Credit Union Home Equity Loans are available in 50 states and Washington, DC.

Key Takeaways

  • Only primary residences considered. Penn Federal Credit Union Home Equity Loans does not offer financing for vacation homes or investment properties.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.

Penn Federal Credit Union Home Equity Loans Pros & Cons

Penn Federal Credit Union Home Equity Loans FAQ

Typically, borrowers with good credit can qualify for up to 85 percent of the value of the property less the balance on their first mortgage.
Generally, the APRs of home equity loans do not include points and financing charges, just the interest rate.

What fees does Penn Federal Credit Union Home Equity Loans charge for a home equity loan?

Penn Federal Credit Union Home Equity Loans may charge a loan origination fee

What types of property can you use as security for a home equity loan with Penn Federal Credit Union Home Equity Loans?

Lenders often have restrictions on the type of properties they will accept as security for a home equity loan. Penn Federal Credit Union Home Equity Loans will consider loans secured by the following property types:
  • Primary home.

Is Penn Federal Credit Union a legit company?

Penn Federal Credit Union was founded in 1990, it is a well-established company that has been in business for 36 years.
Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

3131 Walnut St
Philadelphia, PA 19104
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Hours of Operation

Sunday
Closed
Monday
8:30AM - 3:30PM
Tuesday
8:30AM - 3:30PM
Wednesday
8:30AM - 3:30PM
Thursday
8:30AM - 3:30PM
Friday
8:30AM - 3:30PM
Saturday
Closed

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