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It’s time to let your home work for you.

Choose the loan features that meet your needs.


When it’s time to make home improvements, consolidate debt, or pay tuition or medical expenses, a home equity loan or line of credit from Discovery Federal Credit Union is a smart choice. With Discovery’s home equity loan options, you can borrow against the equity you’ve built in your home at a competitive rate.




Fixed Rate Home Equity Loan Benefits


·       Up to 20 years repayment terms

·       Lump sum disbursement

·       Can be used for multiple purposes

·       Interest may be tax deductible – consult your tax advisor



Home Equity Line of Credit Benefits


·       Credit limit based on equity in your home

·       Credit line replenishes as balance is paid down

·       Interest may be tax deductible – consult your tax advisor



Call an experienced Discovery loan representative today at 610.372.8010 to choose the rate and term option that is best for you. Or, apply online now.



Loan Payment Options


Making a payment to your Discovery Federal Credit Union loan is easy. With a variety of options, you can manage your account in a way that works best for you. 






*Annual Percentage Rate (APR) accurate as of 02/01/2018. Rate is subject to change without notice. Home equity loans’ closing costs/application fees are a minimum of $299.00 and may be higher based upon appraisal costs. A sample payment based on $10,000 at 3.04%, direct deposit and automatic payments to/from your Discovery FCU account, 85% LTV and 5 year term is $179,86. 
**Annual Percentage Rate (APR) accurate as of 02/01/2018, applies to minimum advance of $10,000, is subject to change without notice, and applies to a loan-to-value ratio of 80% for a primary residence located in Pennsylvania. Introductory rate of 0.99% APR will be in effect for six (6) billing cycles from credit line open date. After the discount rate expires, the line is subject to a Variable Rate which is based on the highest Prime Rate as published in the Money Rates Section of the Wall Street Journal in effect on the expiration of any Introductory Rate Period, and subsequently, on the last day of each month ("Index") plus 0% ("Margin"). The index plus the Margin equals the Interest Rate. Your Interest Rate will never be less than 3.50%. As of 02/01/2018 the Prime Rate was 4.50% APR. Property insurance is required. PA residences only.  All lines of credit are subject to approval and collateral evaluation. Fees and charges may apply. 





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Rates @ A Glance

New & Used Vehicle Loans as low as 1.49%
Home Equity Line of Credit as low as 0.99%
LIFESTYLE Loans as low as 3.65%
VISA Platinum Credit Card 8.99%
Certificates as high as 2.15%
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2744 Century Blvd., Wyomissing, PA 19610|tel 610.372.8010|fax 610.372.8105|ABA Routing #231385646
Equal Housing Lender NCUA Your savings fedarally insured to at least $250,000 and backed by the full faith and credit of the United States Governmennt