Home Loans


Are you looking to buy, refinancing your existing home, or access your home’s equity? At Rutgers Federal Credit Union, we offer a full range of mortgage products and local lending options to meet your needs.

First Home Mortgages

Knowing the local market and Rutgers community makes a difference. We offer a variety of fixed and variable rate mortgages nationwide, backed by experience and local servicing. We offer:

  • Real-estate Concierge Service
  • Programs as low as a 3 percent down payment
  • Conventional Mortgages
  • Jumbo Mortgages
  • Adjustable Rate Mortgages (ARM)
  • Loan pre-approvals

For more information, call our First Mortgage experts at 1-800-342-4998 For current rates or to get a pre-approval, visit our First Mortgage website.

Home Equity Loans

Borrow up to 80 percent of your home’s equity to help pay for college tuition, school expenses, a kitchen remodel, and more.  We offer Competitive rates.

An RFCU Home Equity Line of Credit is a revolving line of credit that’s secured by the equity in your home. apply here

An RFCU Second Mortgage loan lets you borrow with a fixed rate. apply here

Both our Home Equity Line of Credit and Second Mortgage offer:

  • No application fees 
  • No points
  • No appraisal fees 
  • No processing fees 
  • No prepayment penalty

For a Second Mortgage and a Home Equity Line of Credit, your home must be located in the state of New Jersey and be your primary residence to be eligible for this loan. The following documentation is required to process your second mortgage or home equity application:

Endorsement page of Title Insurance Policy

Copy of Deed

Current Mortgage Information

Homeowner’s Insurance Policy (declaration page)

Current year and prior year tax returns

Two most recent paystubs

Fully completed residential loan application; available at any of our offices

All loans are subject to credit union lending guidelines and credit worthiness.