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Serving members worldwide since 1935.

HOME EQUITY

  • First Time Home Buyer Programs
  • Loans up to $3 million
  • Financing available in all 50 states

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

Get Started


Today's Home Equity Rates

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Historical Cost of Funds
Mortgage Checklist for Applicants

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

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

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 Me


Jermaine Medley

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.

Get Started


Allieu Jallow

Alieu Jallow

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

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

Get Started


John Kaneshige

John Kaneshige

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

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

Get Started


Patricia Ebbert

Patricia Ebbert

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

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

Get Started

*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.
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