You’ve built up equity in your home. Now’s the time to set it free.
NEW, lower intro HELOC rate of 5.990% for first six months, then Prime Rate + 0.000%. Plus, no fees at closing!
Home Equity Loans and Lines of Credit are both ways to borrow based on the equity you have in your home:
- Home Equity Loans can be an ideal option for homeowners who need a lump sum of money upfront, such as for a large home improvement project or debt consolidation. One advantage of a Home Equity Loan is the predictable, fixed payment schedule that makes budgeting easier over the life of the loan.
- Home Equity Lines of Credit offer more flexibility, allowing homeowners to borrow, repay, and borrow again as needed, making them ideal for variable expenses like home repairs or education costs. With a HELOC, you only pay interest on the amount you borrow, not the total credit limit.
Kearny Bank offers Home Equity Lines of Credit to help meet your needs:
Borrow up to 80% of your home's value and use it for big expenses like school, home upgrades, and more. Payments can be automatically deducted from your Kearny Bank checking account, and there's no penalty for paying early.
For more details call us at 800-273-3406.
Variable Rate Home Equity Line of Credit
Home Equity Lines of Credit - All interest rates are for NJ properties only and are subject to change without notice.
| Account | Interest Rate | APR | Months | Additional Information |
|---|---|---|---|---|
| 15 Year Revolving Credit Line (variable) | 5.990% | 5.990% | 180 | $5,000 Min, $500,000 Max, 80% LTV, 1-4 Family Owner Occupied, Introductory rate of 5.990% for first six months then Prime Rate + 0.000%, maximum rate is 18.000% (ceiling rate), minimum rate is 4.950% (floor/start rate). NO CLOSING FEES. Payments do not include amounts for taxes and insurance, if applicable. Actual payment obligation will be greater. Homeowners insurance is required; flood insurance is required where necessary. Subject to credit approval. |
Note: Current rates are for new HELOC clients only. Minimum amount for new HELOC is $5,000. Annual Percentage Rate (APR) listed are as of 05/14/2025. Rates are subject to change at any time without notice.
How You Can Use Your HELOC
- Home Improvements & Renovations
Transform your house into your dream home - Big-Ticket Purchases
TVs, appliances, furniture - Major Vacations
Second honeymoons, once-in-a-lifetime experiences - Special Occasions
Dream wedding and anniversary celebrations - Debt Consolidation
Eliminate higher-cost debt - Education
Without student loan worries
Home Equity Loans & Lines
We have taken out two home equity loans with Kearny Bank over the years and both times the process was INCREDIBLE!!! Someone was always there to answer any questions and if for any reason you had to leave a message, someone ALWAYS called you back.
Terence J.
Home Equity Line of Credit offer is for New Jersey properties only and is subject to change without notice. Sending personal information through the form is not encrypted or secure and may be intercepted and read by someone other than the intended recipient. Requests for funds transfers must be made through our Online Banking. Funds transfer requests made through standard E-mail will not be processed.