View current mortgage rates, home equity loan rates, and home equity lines of credit (HELOC) rates from First Atlantic Federal Credit Union serving Monmouth, Middlesex, and Ocean County in New Jersey.
Mortgage Rates
Effective Date: Monday, November 2, 2026
| Loan Type | Rate | APR* As Low As |
|---|---|---|
| 15-Year Fixed | 6.875% | 7.250% |
| 20-Year Fixed Rate | 7.000% | 7.303% |
| 30-Year Fixed Rate | 7.125% | 7.359% |
| For ARM Rates, send a request to: RealEstate@FAFCU.com |
*APR = Annual Percentage Rate. Mortgage APR examples above are based on the assumption of a $225,000.00 first mortgage loan amount with a minimum of 20% Down Payment. Private Mortgage Insurance (PMI) is not required. Rates may change based on creditworthiness, property type, and several other factors. Rates are subject to change at any time and without notice. Please contact us for more information.
Home Equity Loan Rates
Effective Date: Monday, November 2, 2026
| Loan Type | Rate | APR* as low as |
|---|---|---|
| Up to 5-Year Fixed Rate (1st )1 | 5.50% | 5.50% |
| Up to 5-Year Fixed Rate (2nd) | 5.75% | 5.75% |
| 7-Year Fixed Rate (1st)1 | 5.50% | 5.50% |
| 7-Year Fixed Rate (2nd) | 5.625% | 5.625% |
| 10-Year Fixed Rate (1st)1 | 6.00% | 6.00% |
| 10-Year Fixed Rate (2nd) | 6.25% | 6.25% |
| 13-Year Fixed Rate (1st)2 | 5.99% | 5.99% |
| 15-Year Fixed Mortgage Express Loan (1st)3 | 6.25% | 6.25% |
| 15-Year Fixed Rate (2nd) | 6.50% | 6.50% |
| 20-Year Fixed Rate (1st)4 | 6.50% | 6.50% |
*APR = Annual Percentage Rate reflects no closing costs for home equity loans up to $250,000.00. Higher loan amounts are available but will include appraisal fees based on the value of the home, and a higher APR will apply. Rates may change based on creditworthiness, property type, and other factors. Rates are subject to change at any time and without notice. A $350 processing fee is waived at the time the loan closes. If the loan is paid off within 2 years this processing fee will be added to the amount required to satisfy the loan. Contact us for more information.
1Rate is for first lien only. Rate applies to new money only at a minimum of $20,000.
213-Year Fixed Rate (1st): Rate is for first lien only. Offer is for a limited time with new money only.
315-Year Fixed Rate (1st): Rate is for first lien only.
420-Year Fixed Rate (1st): Rate is for first lien only.
Home Equity Line of Credit (HELOC) Rates
Effective Date: Monday, November 2, 2026
| Loan Type | Rate | APR* |
|---|---|---|
| Home Equity Line of Credit (HELOC)1 | 4.99% | 4.99% |
*APR = Annual Percentage Rate. APR is based on the Prime Rate as published in the Money Rates section of The Wall Street Journal. Non-members must open a share account with a minimum $5 initial deposit (share account is required for membership).
1Home Equity Line of Credit (HELOC): Minimum loan amount is $30,000. Maximum loan amount is $500,000. An average monthly balance of $10,000 must be maintained. Maximum loan-to-value (LTV) is 80% and combined loan-to-value (CLTV) is 80% of the property value. The Annual Percentage Rate (APR) is a variable rate and is based on the Wall Street Journal Prime plus applicable margin. The minimum APR is 4.00%. The maximum APR is 18%. After the six-month promotional period, the APR will adjust to the prevailing variable rate. New HELOCs only; refinancing of an existing First Atlantic HELOC is not eligible. Home Equity Lines of Credit are secured by a lien on your primary residence for well-qualified applicants. Eligible properties: owner-occupied 1–4 family homes, condominiums, and second/vacation homes. Ineligible properties include investment properties, co-ops, mobile homes, and manufactured housing. Not available for homes currently listed for sale. Available in first- or second-lien positions. Property and/or flood insurance required. No annual fees, closing costs, advance fees, or application fees. All rates and terms are subject to change without notice; please contact the Credit Union for current rates and terms. Credit and other restrictions apply. All home equity loans are subject to credit approval.