Tap into your home’s value to finally embark on that big home project or purchase you’ve been eyeing. A Home Equity Loan offers the flexibility to pay the funds back over a period of time.
Borrow the funds you need all at once. You’ll have a fixed rate for a specific period of time, so you’ll have a consistent monthly payment.
Get a competitive fixed rate that is lower than other forms of credit.
Choose from terms up to 20 years.
| Loan amount | Term | Loan to value ratio | Range of fixed APRs[1] |
|---|---|---|---|
| $5,000 – $2,500,000 | 60 months | 0% to 89.9% | as low as 7.24% up to 8.99% |
| $5,000 – $2,500,000 | 120 months | 0% to 89.9% | as low as 7.24% up to 8.99% |
| $5,000 – $2,500,000 | 180 months | 0% to 89.9% | as low as 7.24% up to 8.99% |
| $5,000 – $2,500,000 | 240 Months | 0% to 89.9% | as low as 7.49% up to 9.24% |
1 Your actual Annual Percentage Rate (APR) may be different than the rate shown. Your APR is based on the specific characteristics of your credit application including but not limited to: evaluation of credit history, amount of credit requested, property type, and/or combined loan to value. The interest rate is fixed for the life of the loan. 7.24% Annual Percentage Rate (APR) is for loan amounts $100,000 or greater with 60- to 180-month term and a FICO score of 750 or higher, collateral property with CLTV up to 75%. Rate shown includes discount of 0.25% requiring automatic payment deductions from a WSFS Bank checking account. Payment example: The monthly payment per $1,000 borrowed at 7.24% APR for the featured term means you would make 180 payments of $9.12. Payments do not include taxes and insurance premiums. The actual payment obligation may be higher. We will pay closing costs on your behalf.
If you pay off your loan within the first 36 months, you will be assessed $375 to reimburse us for those closing costs. Certain fees may apply to loans with collateral property in Maryland. Rates, terms and conditions are subject to change at any time.
2 The interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for Federal income tax purposes. You should consult a tax adviser for further information regarding the deductibility of interest and charges.
Offer is subject to credit review and approval. Additional rates and terms are available.
