Actually, there's cash in every room of your home. It's the equity you've built up over the years and this may be the perfect time to use it!
- NO closing costs1
- NO initial advance required
Call us at 800.866.6474 or stop by one of our branches to get started!
1Promotion period is 10.1.20 through 12.31.20. Application must be in process prior to promotion end date and does not apply to existing SCE FCU loans. Rates and terms are subject to change without notice. Eligible properties limited to owner-occupied in California or Nevada. Closing costs up to $500 will be waived. All loans are subject to Credit Union policies and procedures. Home Equity Line of Credit rate is based on Prime Rate of 3.25% as of 9.16.2020 plus a margin range from 0.00% to 5.00%, subject to individual credit qualifications. Prime Rate plus applicable margin and applicable loan-to-value equals rate. Floor rates range from 4% to 8%. Processing fees in excess of the waived amount, if any, are paid by the borrower. Rate changes occur semi-annually, January 1 and July 1. Annual cap is 2%, and lifetime cap is 6%, above the fully indexed rate at the time of origination. Home Equity Loan rate stated above is based on a fixed 5-year repayment term. Rate is subject to individual credit qualifications and repayment term. Minimum loan amount is $25,000. Sample payment based on a $25,000 loan for 5 years at 5.50% APR would be $477.52. Extended terms are available at higher rates.