A balance between the symbol of a home and symbol of a money bag

Home Equity Programs

What is home equity?

Equity is the difference between the fair market value of the property and the amount still owed on the mortgage. An owner can use home equity as collateral to secure a home equity loan or home equity line of credit.

Fixed-rate Home Equity Loans

RSI Bank offers fixed-rate home equity loans with various terms. Popular uses of a home equity loan include financing a large purchase such as a car or a home renovation.

Consider a home equity loan to finance home improvements and upgrades like:

  • Painting
  • Finishing a Basement
  • Remodeling a Kitchen or Bathroom
  • New appliances
  • Landscaping

Inquire about Home Equity Loan


Home Equity Lines of Credit

A Home Equity Line of Credit (HELOC) is a line of credit secured by the equity in your home. Popular uses of home equity lines of credit include paying for college tuition or debt consolidation.

Inquire about Home Equity Line of Credit

Why choose RSI Bank for your Fixed Home Equity Loan or Line of Credit?

  • No points
  • No application fees
  • Fast approval
  • Low interest rates
  • 0.25% interest rate discount on Fixed Rate Home Equity Loans with auto debit from an RSI Bank checking account

Apply today

Offers are available in New Jersey only. All loans are subject to credit approval. Other restrictions may apply. Speak with a Lending Representative for further details.

You may also be interested in:
Blog post: A Primer on Home Equity Programs

State Licenses

NMLS Loan Originator ID: 409467

Loan applications are limited to the following states.

State License Number Expiration Date
New Jersey 409467 12/31/2021