Special Homeowner Loan
Our Spencer Special Homeowner Loan offers residents in designated counties, that meet specific income limits, a great way to take advantage of the equity in their home with a special rate discount. This home equity loan type allows you to borrow money for any worthwhile purpose at a reduced rate. Borrow up to $250,000 for home improvements and even refinance your mortgage.
Special Homeowner Loan features:
- No Fees of any kind are charged
- Terms up to 30 years
- Special low fixed interest rate
- Household income limitations apply
Special Homeowner Eligibility Requirements:
- Property must be located in Bergen, Essex, Hudson, Mercer, Middlesex, Morris, Passaic, Somerset or Union County
- Household Income Limitations:
Bergen/Passaic/Hudson: $86,160
Essex/Union/Morris: $110,080
Middlesex/Somerset: $114,160
Mercer: $101,520 - Applies to 1-4 family, owner occupied residential properties secured by a first mortgage
Apply Today
Download the application, visit your local Financial Center, or call us at 1-800-363-8115 today!