North Jersey Federal Credit Union

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North Jersey Federal Credit Union
711 Union Blvd,
Totowa, NJ 07512
Toll Free: (888) 78-6532
Office: (973) 785-9200
Email: dreilly@njfcu.org

About NJFCU

Founded in 1936, North Jersey Federal Credit Union (NJFCU) is a member-owned, not-for-profit financial cooperative. For over seventy years, we have grown into a full-service financial institution serving over 30,000 members, with more than $166 million in assets. Yet despite this extraordinary growth, we are proud to have maintained our family atmosphere.

NJFCU is committed to providing our members with quality financial products and services delivered in a professional, courteous and timely manner. Unlike other financial institutions that need to generate profits to satisfy stockholders, we return excess earnings to our members in the following forms:

Competitive dividend rates paid on savings and investment accounts
Competitive interest rates on loans
The addition of valuable new products and services

And, now it's our pleasure to offer all of our exceptional mortgage services online. Through us you not only have access to the best loans available in the marketplace, but you can also review loan alternatives, and even apply for your loan,at your convenience, online - 24 hours a day.

First Mortgages
Are you looking to purchase your first home or refinance a current mortgage? NJFCU offers many competitive products to fit your personal and financial needs including: fixed-rate mortgages as well as adjustable rate and interest only mortgages. We also offer "free" pre-qualification and rate-locks at time of application.

Home Equity Loans
Fixed-Rate, Variable-Rate Home Equity Loans and Variable Lines of Credit allow you to use the equity in your home to finance home improvements, family vacations, college, medical expenses or almost anything at all! You may borrow up to 80% of your home’s equity for a variety of terms. There are no closing costs and the interest you pay may be tax-deductible (consult your tax adviser).

NJFCU/HLPR Program
Rising home prices and expensive mortgage payments can make it difficult for many first-time homebuyers to own their first home. NJFCU has joined forces with the Credit Union National Association’s Home Loan Payment Relief Program (HLPR) to help our members qualify by offering lower household income requirements, lower down payment requirements and lower interest rates for first-time homeowners.

Here are some of the advantages of the HLPR program:

NJFCU will offer a three-year adjustable rate mortgage at 1% BELOW THE NATIONAL AVERAGE.
NJFCU will NOT make up for the lower rate with higher fees, points or other gimmicks.
NJFCU members can qualify for a larger mortgage, allowing for approximately a 25% increase in loan size for a given level of household income.
NJFCU will grant and fund these loans.

Copyright © 2009 North Jersey Federal Credit Union