A Primer on Home Equity Programs

April 9, 2019

A home equity loan or line of credit allows homeowners to borrow money against the equity in the home - that is, the difference between the fair market value of the property and the amount owed on all liens on the property.

Jennifer Glaser, RSI Bank’s Processing Supervisor & Underwriter, provides some insight into home equity loans and lines of credit offered by RSI Bank.

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First-time Homebuyer Counseling in Rahway area

April 19, 2019

RSI Bank recently made a grant of $25,000 to New Jersey Citizen Action (NJCA), a statewide HUD-certified housing counseling agency, to support free first-time homebuyer counseling and education, credit counseling, and foreclosure prevention counseling. RSI Bank provides meeting space to NJ Citizen Action at its Saint George Avenue branch so these important services may be provided to residents of Rahway and the surrounding areas.

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