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 up to $500,000
• Available for up to 80% of your home's combined loan-to-value ratio
• 15-year repayment plan
• Third party costs apply
• Acceptable properties include single family, condominium and two, three or four unit properties (as long as one unit is occupied by Member owner)
• Must be owner occupied
• Properties with construction work in progress may not be eligible