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After your application, we’ll help you:

1. Discover you’re eligible to become a PenFed member

2. Open a Savings/Share Account and deposit at least $5

PenFed HELOC

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TERMS
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Apply before becoming a member.

After your application, we’ll help you:

1. Discover you’re eligible to become a PenFed member

2. Open a Savings/Share Account and deposit at least $5

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Using a Home Equity Loan for Home Improvements

What You’ll Learn:Is a home equity loan a good choice when thinking about home improvements

Topic Discussed:Home equity, Home Ownership

Expected Read Time:4 mins

Published: February 19,2021

Discover the answers to What are the benefits of a home equity loan and should I use a home equity loan for home improvements? PenFed Credit Union tells you everything you should know to make the best decision.

Top 10 Benefits of a HELOC

What You’ll Learn:Top reasons to consider a HELOC

Topic Discussed:Home equity, PenFed Top 10, Home Ownership

Expected Read Time:4 mins

Published: December 07,2020

There are plenty of benefits to a home equity line of credit, or HELOC. By leveraging equity in your home, you can take advantage of the benefits.

What Is a Home Equity Loan?

What You’ll Learn:Reasons to consider a home equity loan

Topic Discussed:Home equity, Home Ownership

Expected Read Time:4 mins

Published: December 07,2020

PenFed explains what the equity in your home is and how a home equity loan can be used for debt consolidation, home improvements, or higher education.

Home Equity Loan or HELOC: What’s the Difference?

What You’ll Learn:The difference between a home equity loan and a HELOC and which is right for you

Topic Discussed:Home equity, Home Ownership

Expected Read Time:2 mins

Published: December 01,2020

Should you choose a home equity loan or a HELOC? PenFed Credit Union explains the differences between a home equity loan and a HELOC and which might be right for you.

What Are the Pros and Cons of a HELOC?

What You’ll Learn:The pros and cons to be aware of when using a HELOC

Topic Discussed:Home equity, Home Ownership

Expected Read Time:3 mins

Published: December 01,2020

A home equity line of credit has many benefits including low interest rates and tax advantages. PenFed Credit Union examines the pros and cons of using a HELOC.

What is a Home Equity?

What You’ll Learn:How to calculate the equity in your home and how home equity can work for you

Topic Discussed:Home equity, Home Ownership

Expected Read Time:4 mins

Published: December 01,2020

What is home equity? PenFed Credit Union explains how to build home equity, calculate the equity in your home, and take advantage of your home’s equity.

Home Equity Loan or HELOC: What’s the Difference?

What You’ll Learn:The difference between a home equity loan and a HELOC and which is right for you

Topic Discussed:Home equity, Home Ownership

Expected Read Time:2 mins

Published: December 01,2020

Should you choose a home equity loan or a HELOC? PenFed Credit Union explains the differences between a home equity loan and a HELOC and which might be right for you.

10 Ways to Use the Equity in Your Home to Your Advantage

What You’ll Learn:Thoughtful ways to leverage the equity in your home

Topic Discussed:Home equity, PenFed Top 10

Expected Read Time:5 mins

Published: October 22,2020

There are many reasons to use the equity in your home to your advantage. Here are 10 ways PenFed suggests leveraging the equity in your home.

Paying for College with Home Equity

What You’ll Learn:What to expect when buying a home

Topic Discussed:Home equity

Expected Read Time:4 mins

Published: September 23,2020

Using home equity to pay for college or education costs can be difficult to grasp. PenFed Credit Union provides a breakdown of how it works and if it makes sense for you financially.

Mortgage with Confidence

CALL TODAY AT
1-866-386-7254 OR
Start Online

Apply before becoming a member.

After your application, we’ll help you:

1. Discover you’re eligible to become a PenFed member

2. Open a Savings/Share Account and deposit at least $5

PenFed HELOC

LOW RATES · FLEXIBLE CLOSING
TERMS
Start Online

Apply before becoming a member.

After your application, we’ll help you:

1. Discover you’re eligible to become a PenFed member

2. Open a Savings/Share Account and deposit at least $5

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