Home Equity Loans

Use the equity in your home to consolidate your debts, enlarge your home, replace your roof or maybe take that dream vacation.

We lend in the states of Pennsylvania, New Jersey and Delaware on your primary residence or vacation home provided the vacation home is not a rental property.

We lend up to 80% of the value of your home.

The formula we will use for determining the maximum loan amount is as follows:

-appraised value

-multiplied by 80% (.80)

-minus mortgage balance(s) outstanding

-equals the maximum amount we will lend


Calculation Example


Appraised value


Multiplied by  80%

X         .80

Equals 80% of the Value




Minus mortgage balance outstanding

$  75,000

Amount available for a Home Equity Loan

$  45,000

Cost: $50.00 application fee plus a $225.00 processing fee.  There are no additional fees for the credit report, appraisal or recording.   

Terms: We will offer home equity loan with a fixed rate and a minimum loan amount of $5,000.00. See the Loan Rates Page for current rates

Take a Home Equity Loan out from someone you trust - Your Credit Union!

**All Loans are Subject to Credit Approval**

Click for a preliminary application or go to the documents page and click on Loan – Preliminary Request / Pre-approval Form.

Wawa Emp Credit Union will be closed, Monday, January 20th, 2020

in observance of MARTIN LUTHER KING JR Day

You can access your account via online and mobile banking.

If you need to report a lost or stolen Debit or ATM Card, please call 800-528-2273.