Why not draw on your home's existing equity to finance a child's college education, re-model your home or consolidate your debt? CU SoCal's Equity loan is a closed-end, fixed-rate loan which allows you to use your home as collateral.

Features

• Loans available from $5,000 to $25,000
• Available for up to 100% of your home's combined loan-to-value ratio
• 15-year repayment plan
• Third party costs apply
• Interest may be tax deductible (see your tax advisor)
• Acceptable properties include single family, condominium and, two, three or four unit properties (as long as one unit is occupied by member owner)
• Early closure fee applies - If the loan is paid off or closed during the first 36 months, an early closure fee will be charged