Mortgages and Home Equity

Announcing First Jersey Credit Union’s New First Mortgage Program! Buying a home is a big deal – typically one of the largest transactions that you’ll ever make. Turn to First Jersey Credit Union for trustworthy assistance along the way.

Mortgages

  • Fixed Rate Mortgages
    • 10, 15, 20, 30 and 40 year terms available
  • Adjustable Rate Mortgages
    • Rate can be fixed for the first 1, 3, 5 or 7 years, and adjust annually thereafter
    • For your protection, loan rate can not increase or decrease more than 2% per year and, 6% for the life of the loan

  • 15/15 Interest First
    • Interest only payments are made for the first 15 years then principal & interest payments will be required for the final 15 years. Members can make prepayments towards principal anytime

  • 10/20 Interest First
    • Interest only payments are made for the first 10 years then principal & interest payments will be required for the final 20 years. Members can make prepayments towards principal anytime

  • Flex 97
    • 30 year fixed rate program that only requires a 3% down payment

  • Flex 100
    • 30 year fixed rate program that requires no down payment

For Mortgage information or rates, please call 800-454-7206 or click here.

Home Equity

  • Fixed Home Equity Loan
    • 3, 5, 10, 15 and 20 year terms available
    • Borrow a lump sum of money at a fixed rate that starts low and stays low
  • Home Equity Line of Credit
    • 15 Year term available
    • Draw from your line at any time and use only what is needed
    • Direct Link allows you to access your line at any time with free check writing privileges
    • For your protection, loans can not increase or decrease more than 2% per year and, 6% for the life of the loan

    For Home Equity information or rates, please call 800-454-7206 or click here.

Download our Mortgage Loan brochure

Download our Home Equity brochure

Disability & Credit Life Insurance

First Jersey Loan Calculator Credit Disability Insurance is available at a nominal cost which will pay your loan payments after 14 days of disability, when claims are filed promptly. Click here for a loan calculator to help you decide on your best course of action.