First Mortgages
Are you looking to purchase your first home or refinance a current mortgage? NJFCU offers many competitive products to fit your personal and financial needs including: fixed-rate mortgages as well as adjustable rate and interest only mortgages. We also offer "free" pre-qualification and rate-locks at time of application. We take the hassle out of home-buying! For more information, please email mortgage@njfcu.org, stop by any branch or call 973-785-9200, option 8.

Home Equity Loans
Fixed-Rate, Variable-Rate Home Equity Loans and Variable Lines of Credit allow you to use the equity in your home to finance home improvements, family vacations, college, medical expenses or almost anything at all! You may borrow up to 80% of your home’s equity for a variety of terms. There are no closing costs and the interest you pay may be tax-deductible (consult your tax adviser). To apply for a Home Equity Loan or Line of Credit stop by NJFCU or email home.equity@njfcu.org for more information!

NJFCU/HLPR Program
Rising home prices and expensive mortgage payments can make it difficult for many first-time homebuyers to own their first home. NJFCU has joined forces with the Credit Union National Association’s Home Loan Payment Relief Program (HLPR) to help our members qualify by offering lower household income requirements, lower down payment requirements and lower interest rates for first-time homeowners.

Here are some of the advantages of the HLPR program:

• NJFCU will offer a three-year adjustable rate mortgage at 1% BELOW THE NATIONAL AVERAGE.
  
• NJFCU will NOT make up for the lower rate with higher fees, points or other gimmicks.
  
• NJFCU members can qualify for a larger mortgage, allowing for approximately a 25% increase in loan size for a given level of household income.
• NJFCU will grant and fund these loans.