Home Equity Line of Credit
Get the extra cash you need with a Home Equity Line of Credit (HELOC) from CU SoCal. Whether you’re looking to renovate, repair, or simply need more cash on hand, a home equity line of credit may be the best choice for you. With a HELOC, you can access up to 80% of your home’s equity with either a lump-sum loan or revolving credit line to access the funds you need.
Amount1 |
Max CLTV |
APR2 |
Up to $250,000 |
80% |
7.50% |
|
Up to $150,000 |
80% |
7.50% |
|
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1. APR=Annual Percentage Rate. Offer available only for new CU SoCal HELOCs or refinanced HELOC from outside lender.
2. Combined loan to value (LTV) not to exceed 80% of the appraised property value. Maximum loan amount is subject to credit qualification and appraised property value. HELOC is only available on owner-occupied California properties including single-family residences, condominium and two-, three-, or four-unit properties. Properties with construction work in progress may not be eligible. Borrower responsible for payment of property taxes and homeowners insurance.
3. Fees may be required for a condominium certification, multi-unit property appraisal and changes to title holder. Rates above are effective 12/15/22 and is subject to change without notice. NMLS#454788
Credit Union of Southern California is located at 8101 E. Kaiser Blvd., Suite 300, Anaheim, CA 92808
Home Equity Loan
Amount |
Term |
Max CLTV1 |
Rate |
Points |
APR |
Est. Payment Per $1,0002 |
Up to $250,000 |
Up to 15 Years |
75% |
7.00% |
0 |
7.00% |
$8.99 |
Up to $250,000 |
Up to 20 Years |
75% |
7.25% |
0 |
7.25% |
$7.90 |
Up to $250,000 |
Up to 25 Years |
75% |
7.50% |
0 |
7.50% |
$7.39 |
Up to $150,000 |
Up to 15 Years |
80% |
7.00% |
0 |
7.00% |
$8.99 |
Up to $150,000 |
Up to 20 Years |
80% |
7.25% |
0 |
7.25% |
$7.90 |
Up to $150,000 |
Up to 25 Years |
80% |
7.50% |
0 |
7.50% |
$7.39 |
Apply Now
1 Combined Loan-to-Value (CLTV).
2 Payment factor is based on a 15-year term, 20-year term, or 25-year term.
3 Maximum loan amount subject to credit qualification and appraised property value.
The rates and prices quoted above are effective as of 12/15/2022, 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.