What criteria would I have to meet to qualify for a home equity product with NEFCU?
The home must be owner occupied as the primary residence or a second/vacation home and located in the State of New York. The home must be a 1 – 4 family condominium or a planned unit development. All borrowers on the loan must be members or eligible for NEFCU membership. The house must not be under major renovations because the appraisal value will be based on the current condition and not on what the value will be after the renovations are completed.
