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15-Year Home Equity Loan

New Jersey 15-Year Home Equity Loan Rates

Compare 15-Year Home Equity Loan rates from lenders in New Jersey with a loan amount of $ 100,000. To change the mortgage product or the loan amount, use the search box above. Click lender name to view more information.

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New Jersey 15-Year Home Equity Loan

November 25, 2024
Average Rate: 8.56%

Advertiser Disclosure

Lender	APR (%)^?	Monthly Payment^?
Achieve Loans / NMLS ID: 1810501 See Table	10.250 %	$1,090	Learn More Add Review
Competitive rates, Pre-qualify in minutes Mortgage Advisors standing by to help find the best solution Flexible terms with fast funding Minimum credit score: 640 More Info
All terms are estimates until underwriting is complete. Offer shown includes a .50% discount for automatic payment enrollment (autopay enrollment is not a condition of loan approval). 10, 15, 20, and 30-year terms available (20 and 30 year terms only available for cash out requests). All terms have a 5-year draw period with the remaining term being a no draw period. Payments are fully amortized during each period and determined on the outstanding principal balance each month. Closing fees range from $750 to $6,685, depending on line amount and state law requirements and typically include origination (2.5% of line amount) and underwriting ($725) fees if allowed by law. Property must be owner-occupied and combined loan-to-value ratio may not exceed 80%, including the new loan request. Property insurance is required and flood insurance may be required if the subject property is located in a flood zone. You must pledge your home as collateral. Offers are only valid in states where Achieve is licensed. Loans are not available to residents of all states and available loan terms and fees may vary by state where offered. Contact Achieve Loans for further details.
Upstart / NMLS ID: 2443873	As low as 8.25% APR on your initial draw*		Learn More Add Review
As low as 8.25% APR on your initial draw* Get your money up to 5x faster than the industry standard* Fixed rate on each draw* No paperwork needed to apply More Info
1. APRs for initial advances range from 8.25% to 18.00% based on funded HELOCs as of September 2024. Your actual rate will depend on many factors such as your credit history, loan-to-value ratio, line amount, loan term, lien position, and property state. The lowest rates are only available to the most qualified applicants. The APR is variable, but the APR that will apply to each draw will be fixed on the date the draw is made. 2. As of October 2024, 10% of funded HELOCs achieved a closing timeline of 6 days or less and a funding timeline of 10 days or less. This timeline assumes consumers close with our remote online notary, provide supporting documentation promptly, and ensure the information provided is accurate and consistent with our verification process. Delays, discrepancies, and other unforeseen factors may impact the closing timeline. MBA’s 2024 Home Lending Study reports an average industry closing time of 31 days. 3. A Home Equity Line of Credit has a variable rate. The APR may change, but the APR that will apply to each draw will be fixed on the date the draw is made. Your APR will be the Prime Rate at the time of draw plus a margin fixed for the life of the HELOC.
Figure Home Equity Line Equal Housing Lender / NMLS ID: 1717824	HELOC approval in 5 minutes, funding in 5 days. Borrow up to $400k online.		Learn More Add Review
Fastest way to turn home equity into cash Flexible terms, redraw up to 100%, borrow $20k-$400k Approval in as little as 5 minutes. Funding in as few as 5 days. Use to consolidate debt or finance your next home project More Info
The Figure Home Equity Line is an open-end product where the full loan amount (minus the origination fee) will be 100% drawn at the time of origination. The initial amount funded at origination will be based on a fixed rate; however, this product contains an additional draw feature. As the borrower repays the balance on the line, the borrower may make additional draws during the draw period. If the borrower elects to make an additional draw, the interest rate for that draw will be set as of the date of the draw and will be based on an Index, which is the Prime Rate published in the Wall Street Journal for the calendar month preceding the date of the additional draw, plus a fixed margin. Accordingly, the fixed rate for any additional draw may be higher than the fixed rate for the initial draw.
New American Funding, LLC / NMLS ID: 6606	Cash-Out and Home Equity Options Available.		Learn More Add Review
Home Improvement, Buy a Vacation Home 303k+ positive reviews, A rating from the BBB Pay off higher interest rate credit cards, Pay college tuition 100% online mortgage application available More Info
Cash-Out and Home Equity Options Available.
District Lending / NMLS ID: 598623	No Lender Fees		Learn More Add Review
No Lender Fees Fast Easy Over 20 Years Experience More Info
HELOC, HELOAN or CASHOUT REFI all available.
AmeriSave Mortgage Corporation / NMLS ID: 1168	Home Equity Loans & Refinance – Cash out		Learn More Add Review
Home Equity Loans & Refinance – Cash out Customized rate quote with no impact to credit Low Rates, Quick Approvals, Wide Range of Products Over 100 Billion Funded. 22 Years in Business More Info
• Home Equity Loans & Refinance – Cash out • Customized rate quote with no impact to credit • Low Rates, Quick Approvals, Wide Range of Products • Over 100 Billion Funded. 22 Years in Business
Amboy Bank / NMLS ID: 418478	LOAN SALE! Guaranteed 12-month low rate		Learn More Add Review
LOAN SALE! 6.50% APR guaranteed for 12 months A 135-year-old bank in New Jersey. Voted Best Bank 25 years in a row. Change your payment with just a phone call Ongoing access to principal as you pay it back More Info
Amboy Bank has been serving New Jersey for 135 years and has been voted the Best Bank in Central NJ by Home News Tribune readers for 25 years in a row.
CrossCountry Mortgage, LLC / NMLS ID: 3029	"Unlock Your Home's Potential"		Learn More Add Review
Transform Your Home Equity Into Cash: Explore our Tech-Powered Solutions! Unlock Your Home's Value: Discover the Power of our Online HELOC! Maximize Your Equity: Get Cash-Out Using Our HELOC for Your Next Big Step Secure Your Future: Experience the Ease of our Fixed Home Equity Loans More Info
Please note that the interest rates offered are subject to change based on market conditions and borrower eligibility. The pricing and rate provided are accurate as of the specified date. It is important to be aware that the minimum loan amount for any loan program is $50,000. The specific amount and terms of the credit offer will be determined based on underwriting approval and guidelines, which include factors such as your credit history, your ability to make payments, and the available equity in your home. To qualify for this offer, you must meet the required criteria and demonstrate creditworthiness. Additionally, providing up to two years of income verification may be necessary. The severity of your credit may also impact the required down payment. It is crucial to understand that the lender reserves the right to cancel this offer if the provided information cannot be verified. Please note that all bankruptcies must be discharged in order to be eligible. This offer is nontransferable and is specifically available for single-family residences or owner-occupied condominiums. Please be aware that mobile homes and cooperatives are not included in this offer. It is important to note that the lender must hold a valid first lien position, and property hazard insurance is a requirement. These are some key details to consider when evaluating this offer. It is essential to thoroughly review the terms and conditions and seek clarification from the lender regarding any specific questions or concerns you may have before proceeding with the application process.
Valley National Bank Updated 2024-11-25 / NMLS ID: 411254 See Table	7.000 %	$899	Add Review
Columbia Bank Updated 2024-11-25 / NMLS ID: 408590 See Table	7.750 %	$942	Add Review
Corporate America Family CU Updated 2024-11-25 / NMLS ID: 456438 See Table	8.000 %	$956	Add Review
TD Bank Updated 2024-11-25 / NMLS ID: 399800 See Table	8.340 %	$976	Add Review
Navy FCU Updated 2024-11-25 / NMLS ID: 399807 See Table	7.950 %	$953	Add Review
Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes, insurance premiums or private mortgage insurance if applicable. Actual payments will be greater with taxes and insurance included. Click here for more information on rates and product details.
Pnc Bank, National Association Updated 01/18/2021 See Table	3.690 %	$724.25	Learn MoreShow Less Get Home Equity Offers
Oceanfirst Bank, National Association Updated 08/23/2019 See Table	4.500 %	$764.99	Learn MoreShow Less Get Home Equity Offers
Investors Bank Updated 06/25/2019 See Table	4.630 %	$771.65	Learn MoreShow Less Get Home Equity Offers
Lakeland Bank Updated 08/23/2019 See Table	4.740 %	$777.32	Learn MoreShow Less Get Home Equity Offers
Provident Bank Updated 10/18/2022 See Table	5.625 %	$823.73	Learn MoreShow Less Get Home Equity Offers
Spencer Savings Bank, Sla Updated 11/22/2024 See Table	5.750 %	$830.41	Learn MoreShow Less Get Home Equity Offers
Citibank, National Association Updated 10/10/2022 See Table	5.820 %	$834.16	Learn MoreShow Less Get Home Equity Offers
Northfield Bank Updated 09/15/2023 See Table	6.000 %	$843.86	Learn MoreShow Less Get Home Equity Offers
Blue Foundry Bank Updated 11/22/2024 See Table	6.000 %	$843.86	Learn MoreShow Less Get Home Equity Offers
The Bank Of Princeton Updated 02/23/2024 See Table	6.145 %	$851.71	Learn MoreShow Less Get Home Equity Offers
Atlanta Postal Credit Union Updated 08/27/2019 Restrictions See Table	6.250 %	$857.42	Learn MoreShow Less Get Home Equity Offers
Navy Federal Credit Union Credit Union Updated 01/30/2023 Restrictions See Table	6.350 %	$862.88	Learn MoreShow Less Get Home Equity Offers
Wilmington Savings Fund Society, Fsb Updated 09/27/2019 See Table	6.490 %	$870.56	Learn MoreShow Less Get Home Equity Offers
Manasquan Bank Updated 10/06/2023 See Table	6.588 %	$875.95	Learn MoreShow Less Get Home Equity Offers
Td Bank, National Association Updated 10/10/2022 See Table	6.890 %	$892.69	Learn MoreShow Less Get Home Equity Offers
Columbia Bank Updated 02/28/2024 See Table	6.990 %	$898.27	Learn MoreShow Less Get Home Equity Offers
Citizens Equity First Credit Union Updated 08/27/2019 Restrictions See Table	6.990 %	$898.27	Learn MoreShow Less Get Home Equity Offers
Parke Bank Updated 08/19/2019 See Table	7.250 %	$912.86	Learn MoreShow Less Get Home Equity Offers
Unity Bank Updated 11/22/2024 See Table	7.875 %	$948.45	Learn MoreShow Less Get Home Equity Offers
Kearny Bank Updated 01/23/2023 See Table	8.500 %	$984.74	Learn MoreShow Less Get Home Equity Offers
Data provided by BestCashCow

APR (Annual Percentage Rate) is the rate that incorporates monthly compounding charges to express the a finance charges as an annual rate.

¹ Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes, insurance premiums or private mortgage insurance if applicable. Actual payments will be greater with taxes and insurance included. Click here for more information on rates and product details.

The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where and in what order products appear. Compensation is higher for Featured placements. This table does not include all companies or all available products.

Rates from this table are based on loan amount of $100,000 and a variety of factors including credit score and loan to value ratios. Rates may change at any time and are not guaranteed to be correct. For specific requirements please check with the lender.

Home Equity Loans - Rates are based on a fixed rate home equity loan in New Jersey for an owner occupied residence, second lien, 10 year or 15 year repayment terms with an 80% loan-to-value ratio for loan amounts of $100,000. Rate Discount indicates the amount of reduction in the Rate for having monthly payments automatically deducted from an account and/or for having other relationship accounts with the institution, expressed as a percentage. Conditions ‘No closing costs’ indicates that customer is not required to pay closing costs on the loan. ‘With closing costs’ indicates that customer is required to pay closing costs on the loan. Rates may include discounts. Rates are subject to change without notice.

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New Jersey 15-Year Home Equity Loan Rates

New Jersey 15-Year Home Equity Loan

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