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Home Equity

Great for home improvements
Loans up to $500,000
Financing available in all 50 states

Fixed or adjustable-rate mortgage loans to fit your needs!

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Tips for Buying a Home

Buying a home is a big deal. Whether it's your first home or your retirement home, this is one purchase that should never be taken lightly. Making wise choices now will pay off down the road.

Check Out Our Home Buying Resources

Special Update for Mortgage & Home Equity Applicants

Due to a high volume of applications, it may take us longer than normal to respond. We're working to process applications to the best of our ability. Thanks for your patience.

Additionally, due to the current economic environment, some of our loan programs and features are temporarily unavailable. Please speak with a Loan Officer for more information.

We make the process easy.

Already own your home? It's time to put your equity to work! Your equity is determined by subtracting your mortgage balance from your home's appraised value. This can add up to a lot of cash. Make additions to your home, consolidate bills, pay college tuition, take a family vacation, or if you just want a safety net—the possibilities are endless.

Using your equity as collateral you can borrow at great low rates. We offer fixed and adjustable rate home equity loans or lines of credit and we'll lend up to $500,000.

Home Equity Loan

Get the money you need in a convenient, single payout for debt consolidation, home improvements, medical expenses or most any other purpose.

Competitive fixed interest rates
Affordable payment terms up to 20 years
Borrow up to 95% of your home’s value*
No prepayment penalties or annual fees
Available on primary residences and second homes

Home Equity Line of Credit

Our variable rate option provides you with a revolving line of credit, giving you the flexibility to borrow what you need, when you need it.

Affordable payment terms up to 20 years
Borrow up to 95% of your home’s value*
Reusable line of credit for home renovations or consolidate debt
Finance major purchases such as vacations and weddings
No prepayment penalties or annual fees

Choose Your Home Equity Loan Officer

You can call or email us to answer questions or get advice. We'll help you determine what's best for your situation. We're always just a call or email away!

Our Home Equity loan officers are based in our Corporate Office at 2701 Tower Oaks Boulevard, Rockville, MD 20852.

Peter Benjamin

SVP Mortgage Lending
NMLS #408105
Office: 240-292-5361
pbenjamin@lfcu.org

Learn more about Peter and contact him with questions or concerns.

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Schedule a Call or Meeting

Jermaine Medley

Vice President – Mortgage Originations
NMLS #740025
Office: 240-747-2471
Cell: 240-620-7839
jmedley@lfcu.org

Learn more about Jermaine and apply for your home equity product.

Start an Application

Schedule a Call or Meeting

Alieu Jallow

Mortgage Loan Officer
NMLS #189814
Office: 240-292-5367
Cell: 202-568-0146
jallow@lfcu.org

Learn more about Alieu and apply for your home equity product.

Start an Application

Schedule a Call or Meeting

Angelica Garcia

Mortgage Loan Officer
NMLS #1436145
Office: 240-292-5543
Cell: 202-568-0267
agarcia@lfcu.org

Se Habla Espanol

Learn more about Angelica and get pre-approved for your mortgage.

Start an Application

Schedule a Call or Meeting

John Kaneshige

Mortgage Loan Officer
NMLS #431328
Office 240-292-5541
Cell: 202-308-8386
jkaneshige@lfcu.org

Learn more about John and apply for your home equity product.

Start an Application

Schedule a Call or Meeting

Patricia Ebbert

Mortgage Loan Officer
NMLS #453616
Office: 240-292-5366
Cell: 202-313-1776
pebbert@lfcu.org

Learn more about Patricia and apply for your home equity product.

Start an Application

Schedule a Call or Meeting

*Minus first mortgage balance. Certain fees, conditions and restrictions may apply. Home Equity Lines of Credit and Home Equity Loans are secured by your home. If you're paying off an existing real estate loan, the Credit Union does not cover costs imposed by other lenders, if any. Rates and terms subject to change without notice. Loan approval subject to credit evaluation. NMLS 464425

HOME MORTGAGE DISCLOSURE ACT (HMDA) NOTICE: The HMDA data about our residential mortgage lending are available online for review. The data shows geographic distribution of loans and applications; ethnicity, race, sex, age and income of applicants and borrowers; and information about loan approvals and denials. HMDA data for many other financial institutions are also available online. For more information, visit the Consumer Financial Protection Bureau's websiteOpens in New Window.

Knowledge is power. Be in the know for financial betterment.

Shared Branches & ATMs
Our members have access to Co-Op Network Shared Branches & ATMs for all basic transaction needs.

Access branches and ATMs nationwide
Search, Buy, Sell & Save
Lafayette Federal HomeAdvantage is a free member service that can help you buy, sell and save on your home.
Save $100s to $1,000s in Cash Rewards*
Auto Loans
Dreaming of a new ride? Let us finance your next new, used, or fuel-efficient vehicle.

Rates as low as 2.375% APR*

Lafayette Federal Credit Union is one of the premiere financial institutions in the Washington, D.C. area, now serving DXC and CSRA employees. Since our founding in 1935, we have sought to provide our members with a safe and convenient place to save, and to offer loans at rates and terms more favorable than those of other financial institutions. We also work hard to provide top-notch customer service. Contact us to obtain a copy of our Annual Report.