Home Equity

Using your house as collateral, a home equity loan through Lebanon Federal Credit Union gives you the perfect solution to borrow for home improvements, debt consolidation, college expenses, or just about anything you can imagine.  Plus, you can even use a home equity loan to refinance your mortgage or existing home equity loans from another financial institution.

We offer two great home equity loan products:

A fixed-rate, closed end Home Equity Loan

Borrow a set amount for a period of time up to 20 years. Gives you a great rate and an affordable monthly payment.

A variable-rate, open end Home Equity Line of Credit

Gives you the flexibility to take advances over the life of the loan whenever you need them. We won’t charge you any interest unless you carry a balance.

There is no application fee from the credit union, no pre-payment penalty, and the interest that you pay may be tax deductible!

A home equity loan will allow you to borrow up to 90% of your homes appraised value in a first lien position or up to 90% of your homes appraised value in a second lien position.


If you have any loan questions, please contact us during normal business hours.

By email: loans@lebanonfcu.org

By phone: 717-272-2210 option 1 for the Loan Department