For the latest member updates regarding the Coronavirus (COVID-19) go to our Coronavirus Updates page.
For information about our COVID-19 Financial Assistance program click here.

Home Equity

Eligible for membership?
Looking for a better place for your financial future?

Tap into the equity of your home to fund a home improvement project, consolidate high-interest debt, pay college tuition, and more.

Home Equity Loans

Our Home Equity Loan is available on primary and secondary residences and provides members with a one-time lump sum of cash at a low fixed rate. Benefits include:

  • Predictable monthly payments
  • Low fixed interest rates
  • Fixed 20, 15, 10 and 5-year terms
  • Up to 100 percent Combined Loan-to-Value (CLTV)
  • Up to $250,000 loan amount
  • No prepayment penalties
  • No application fee
  • No points

For Mortgage information, click here.

Home Equity Line of Credit (HELOC)

Our Home Equity Line of Credit is available for primary residences and gives members access to a source of funds over a period of 5 years at a low non-variable interest rate. Benefits include:

  • Low non-variable interest rates
  • 5 year draw period and 10 year repayment term
  • Up to 100 percent Combined Loan-to-Value (CLTV)
  • Up to $250,000 loan amount
  • No prepayment penalties
  • No application fee
  • No points

For Mortgage information, click here.

For more information, please contact our mortgage department at 301.817.1200.

Disclosures:

APR = Annual Percentage Rate. APR is based on evaluation of applicant’s credit and on associated loan-to-value ratio. Your actual APR may vary.

*Terms subject to change, some restrictions apply, not all member will qualify. Please contact us for additional details.

Home Equity Loan Payment Example: A $50,000 loan at 3.24% APR for 60 months would have an estimated monthly payment of $903.79. Payments shown do not include taxes or insurance, so your payment may be greater. Other restrictions apply.

Home Equity Line of Credit Payment Example: A $50,000 line of credit at 3.74% APR for 120 months (repayment period) would have an estimated monthly payment of $500.08.

You are now leaving Police FCU

Police FCU provides links to web sites of other organizations in order to provide visitors with certain information. A link does not constitute an endorsement of content, viewpoint, policies, products or services of that web site. Once you link to another web site not maintained by Police FCU, you are subject to the terms and conditions of that web site, including but not limited to its privacy policy.

You will be redirected to

Click the link above to continue or CANCEL