Skip to content
SuperMoney logo
SuperMoney logo
Home Equity Loans
Advertiser Disclosure

Last Updated: 04/18/2025

Penn State FCU 1st Lien Home Equity Loan

in Home Equity Loans from Penn State Federal Credit Union

Last Updated: 04/18/2025

Penn State Federal Credit Union logo
No Reviews Yet

This product has no reviews yet. Help others by sharing your thoughts.

Be the first to rate
Cast Your Vote icon

Cast Your Vote

Compare All Home Equity Loans

Filter & compare all your options in one place.

Filter & compare all your options in one place.

View All Products
Highlights icon

Highlights

Credit Score Range

N/A

Amount Range

N/A

Maximum LTV

80%

Loan Term (Years)

5 - 15
Speech bubbles icon

Penn State FCU 1st Lien Home Equity Loan Review

Penn State FCU 1st Lien Home Equity Loan is offered by Penn State Federal Credit Union (NMLS #401924), a credit union founded in 1959 and based in Bellefonte, PA. Penn State FCU 1st Lien Home Equity Loan are available in 1 state.

Key Takeaways

  • Only primary residences considered. Penn State FCU 1st Lien Home Equity Loan 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.
  • Origination fees starting at $375.00.Origination fees are deducted from the loan amount, so take it into account when deciding how much you need to borrow.
  • Maximum LTV. Penn State FCU 1st Lien Home Equity Loan has a maximum loan to value ratio of 80%.

Penn State FCU 1st Lien Home Equity Loan Pros & Cons

Penn State FCU 1st Lien Home Equity Loan FAQ

What are the home equity loan requirements of Penn State FCU 1st Lien Home Equity Loan

This lender's maximum loan to value rate is 80%. That means the total debt secured by the property cannot exceed 80% of its value. Let's say you own a property with a current market value of $100k, but you still owe $20k on your mortgage. Your equity would be $80k. In this scenario, if you have good credit, you may qualify for a line of credit of up to $60k.
Generally, the APRs of home equity loans do not include points and financing charges, just the interest rate.

What fees does Penn State FCU 1st Lien Home Equity Loan charge for a home equity loan?

Penn State FCU 1st Lien Home Equity Loan may charge a loan origination fee of $375.00.

What types of property can you use as security for a home equity loan with Penn State FCU 1st Lien Home Equity Loan?

Lenders often have restrictions on the type of properties they will accept as security for a home equity loan. Penn State FCU 1st Lien Home Equity Loan will consider loans secured by the following property types:
  • Primary home.

Is Penn State Federal Credit Union a legit company?

Penn State Federal Credit Union was founded in 1959, it is a well-established company that has been in business for 67 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

123 Amberleigh Ln
Bellefonte, PA 16823
(814) 865-7728
Visit Site
Email Support

Hours of Operation

Sunday
Closed
Monday
9:00AM - 4:00PM
Tuesday
9:00AM - 4:00PM
Wednesday
9:00AM - 4:00PM
Thursday
9:00AM - 4:00PM
Friday
9:00AM - 4:00PM
Saturday
Closed

Other Services by Penn State Federal Credit Union