Home Equity

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.

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.

Contact PeterOpens in New Window

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

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.