Make Room to Renovate: How Home Equity Can Power Local Growth
Unlocking the Value in Your Home
As property values have grown in recent years, many homeowners have built significant equity. A HELOC allows you to tap into that equity, giving you flexible access to funds when you need them most. Whether you’re planning a kitchen renovation, updating energy-efficient systems, or preparing for major life milestones, a HELOC offers a practical, cost-effective solution. Unlike traditional loans, a HELOC provides ongoing access to funds, allowing you to borrow only what you need, when you need it—making it especially well-suited for projects that unfold over time.Supporting Local Home Improvement—and Local Economies
Investing in your home doesn’t just benefit your household—it strengthens the broader community. Home improvement projects often involve local contractors, suppliers, and small businesses, helping to keep dollars circulating within the regional economy. “Community-based lending plays an important role in supporting local growth,” said a PFCU representative. “When homeowners invest in their properties, they’re also investing in the vitality and sustainability of our neighborhoods.”A Competitive, Member-First Approach
To help members get started, PFCU is currently offering a 5.99% introductory APR* for the first 12 months on its Home Equity Line of Credit. This limited-time offer is designed to make accessing funds more affordable as homeowners begin their projects. Additional benefits include:- No application fee for a limited time (May 1 – June 30, 2026)
- Flexible borrowing—use only what you need
- Personalized service from a trusted local credit union
Planning for What’s Next
Beyond renovations, many homeowners use HELOCs for broader financial planning—covering educational expenses, consolidating higher-interest debt, or preparing for future investments. The flexibility of a HELOC ensures it can adapt to changing financial goals over time.Learn More
For residents in New Jersey and Pennsylvania, exploring a Home Equity Line of Credit could be the first step toward transforming both your home and your financial outlook. You can also speak with a local lending specialist by calling 800-456-5038 (Option 3) or visiting PFCU at 774 Alexander Road in Princeton.*APR= Annual Percentage Rate. 5.99% Introductory APR is fixed for the first 12 months of the loan. Once the introductory rate expires, the APR will vary; PFCU members refinancing may be eligible for the introductory rate after three years from their original closing date. Rates effective May 1, 2026, and are subject to change. Your APR is based on Prime Rate as published in the Wall Street Journal, plus a margin determined at account opening. Up to 80% LTV, the rate is as low as Prime +0.25%; for 80.01% to 85% LTV, rate is as low as Prime + 1.00%. For example, for a most qualified borrower, a HELOC up to 80% LTV, the rate is 7.00% APR. The maximum APR is 18% or the maximum permitted by law, whichever is less. Prime rate effective April 1, 2026 is 6.75%. Minimum credit limit is $5K. Loan decisions and rates are based on applicant creditworthiness. HELOCs only eligible for properties in NJ or PA. Must be a PFCU Member in good standing and meet all lending requirements. Insured by NCUA. Equal Housing Lender.
NMLS ID# 630735
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