Use Your Home’s Equity to Make Dreams Come True

Whatever your plans, WSFS can help with flexible home equity options to help you achieve your goals.

Home Equity Financing Options

fixed borrowing

Home Equity Loans

Perfect if you want a low fixed rate with predictable payments to make budgeting easy.
  • Flexible term options up to 20 years[1]
  • Borrow as little as $5,000
  • Enjoy consistent monthly payments with a fixed rate

Access to cash when you need it

Home Equity Lines of Credit

Better option if you want a low, variable rate with the option to borrow what you need when you need it.
  • Draw funds when you need them
  • Make interest-only payments during draw period
  • Option to fix the rate on all or a portion of your line

Why Choose a Home Equity Loan or Line of Credit?

A Home Equity Loan or Line of Credit lets you use the equity in your home to finance many major life events, here are a few examples:
Icon of a hammer.

Home improvements

Increase your home’s value with renovations such as a kitchen or bath remodel.
Icon of a price tag.

Large purchases

Purchase a car, fund a wedding or travel – whatever is important to you.
Icon of a flag.

Unexpected emergencies

Have access to cash for unplanned events such as large expenses.
Icon of a basket holding $ symbols.

Debt consolidation

Consolidate debt into one single monthly payment.


Is there a potential tax deduction?

Yes, there could be a tax deduction. Please contact your tax advisor to verify if you’re eligible for a deduction.[2]

What is the difference between a loan and line of credit?

A loan is an amount of money that you borrow for a specified length of time. You will receive a one-time, lump sum that is then paid down with fixed monthly payments for the duration requested and agreed upon. A line of credit is a borrowing limit extended to you. The funds are available during the draw period up to the credit limit established. Monthly payments will be based upon the balance of the line of credit, and payments are variable and fluctuate with the Wall Street Journal Prime rate.

Does WSFS allow applications for Home Equity Loans/Lines of Credit on Investment Properties?

Yes, we allow applications on investment properties. Please contact your local banking office or call Customer Support for more information.
Icon of a bank branch location.


Our friendly Associates are here to help 7am-7pm (M-F) and 9am-3pm (on weekends) at 888.973.7226, by scheduling an appointment or visiting the nearest WSFS Banking Office.