At CU SoCal, we know that having extra cash can go a long way toward making your plans happen.

That's why CU SoCal Home Equity Loans and Lines of Credit give you the extra cash you need without the extra costs. Access up to 80% of your home's equity—for repairs, renovations, or just about anything your heart desires—in a lump-sum loan or revolving credit line that can be used over and over again.

Why homeowners in southern California choose us to make it happen:

No up-front costs
No fees
Competitive rates
Generous limits up to $250,000

Whatever your plan is, make it happen with:

  • No points.
  • No appraisal fees.1
  • No annual fee.
  • No lender fees.
  • No closing costs.1
  • A generous limit up to $250,000.
  • Possible tax deductions on interest payments.2
In addition, CU SoCal offers an interest-only option with our Home Equity Line of Credit (HELOC). Paying only the interest due each month gives you the flexibility to keep payments low during the 10-year draw period of your HELOC.

Two great options to use your equity

HELOC

  • Low 1.99% APR for 12 months.3
  • Interest-only repayment option for the first 10 years

Home Equity Loan4

  • Low, fixed rate of 5.75% APR5
  • Affordable 15- to 25-year repayment plan

Home Equity Line of Credit Rates

Amount1 Max CLTV2 APR3 Est. Payment Per $1,0004
Up to $250,000 75% 1.99%
4.00% – 16.00%
$1.66
$3.33 – $13.33
Up to $150,000 80% 1.99%
4.00% – 16.00%
$1.66
$3.33 – $13.33
Up to $100,000 90% 1.99%
4.00% – 16.00%
$1.66
$3.33 – $13.33
1 Maximum loan amount subject to credit qualification and appraised property value.
2 Combined Loan-to-Value (CLTV).
3 The 1.99% promotional rate applies for the first 365 days on new HELOCs. The promotional rate is limited to one per property and does not apply to subsequent credit limit increases or refinances. After that, the rate will adjust to the current index rate plus the applicable Margin. The promotional rate is not based on the index plus the applicable Margin.
4 Estimated payments shown reflect interest-only payments for the first 10 years of the loan.
Vacation home equity loans also available. The rates and prices quoted above are effective as of 5/19/2017, are not guaranteed and are subject to change without notice. CU SoCal offers a variety of real estate loan programs. For more information, please call a CU SoCal home loan specialist at 800.698.7196.

Home Equity Loan Rates

Amount Term Max CLTV1 Rate Points APR Est. Payment Per $1,0002
Up to $250,000 Up to 25 Years 75% 5.75% 0 5.75% $8.34
Up to $150,000 Up to 25 Years 80% 5.75% 0 5.75% $8.34
1 Combined Loan-to-Value (CLTV).
2 Payment factor is based on a 15-year term.
3 Maximum loan amount subject to credit qualification and appraised property value.
Vacation home equity loans also available. The rates and prices quoted above are effective as of 5/19/2017, are not guaranteed and are subject to change without notice. CU SoCal offers a variety of real estate loan programs. For more information, please call a CUSoCal home loan specialist at 800.698.7196.

Soak up the savings.

There's no fee to switch your higher-rate credit card and loan balances to a low 1.99% fixed promotional APR for 12 months.

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Hear from others like you who made it happen.

We were surprised how quickly we got our home loan. The staff at CU SoCal were very helpful and thoroughly explained the details of our home loan.

Connie & Edward, Members since 2009

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Make it happen.

If you live, work, worship or attend school in Los Angeles County, Orange County, or San Bernardino County, we can make your plans a reality. Call us at 800.698.7196 or email us at info@CUSoCal.org to start using your home's equity.

Help + Support

Building Better Lives

Credit Union of Southern California (CU SoCal) is a leading financial institution empowering those who live, work, worship, or attend school in Orange County, Los Angeles County, and San Bernardino County to reach their goals and build strong financial futures. CU SoCal provides access to convenient money management services and offers competitive rates and flexible terms on auto loans, mortgages, and VISA credit cards—turning wishing and waiting into achieving and doing.

562.698.8326 | 866 CU SoCal Se Habla Español

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