NEA Federal Credit UnionNEA Federal Credit Union

Mortgages & Home Equity Lines of Credit


Owning a home isn’t as easy to do these days so NEA has mortgage products that reflect our “people are worth more than money” philosophy with a process that’s fast and hassle-free. We will walk you through the process and help you find the product that suits your needs best. The terms are just as people-friendly:

  • Fixed and adjustable-rate mortgages
  • The competitive interest rates we offer our members every single day
  • Low down payments, so you keep more of your hard-earned savings
  • Flexible terms, including lock-in and float options for the best possible rate
  • Affordable closing cost programs to save you money

Pre-qualify Today! Check your OwnersChoice Funding mortgage status

Home Equity Lines of Credit (HELOC):

A Home Equity Line of Credit at NEA helps you optimize the equity in your home so you can get more for less. Go on and tackle those home improvement projects, help pay for tuition, or consolidate your debt. All NEA Home HELOCs offer:

  • Low interest rates
  • Fast processing
  • Variable rates with flexible terms
  • Interest paid may be tax deductible – check with your tax advisor

Let the equity in your home work for you with a 100% combined loan to value home equity line of credit from NEA

  • • 100% CLTV
  • • Prime +4% (variable rate)
  • • No closing costs (up to $150,000)
  • • Must draw $10,000 at closing and maintain a balance for the first 3 years of the loan
  • • 10 year draw
  • • 15 year amortization
  • • 20 year loan life
  • • NY, NJ, CT properties only

Use our HELOC Application Instruction Form to make applying fast and easy!

Apply Today!

View the Home Equity Early Disclosure

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