Tap Into Your Home’s Value And Unlock Funds For What’s Important
Home Equity Line of Credit (HELOC) - 2.99% APR Intro Rate for the first 6 months*
OR
Fixed Home Equity Loan - Rates as low as 5.99% APR*
Get the money you need to fund life’s important expenses. Our home equity loans make the process easy and straightforward. Take advantage of the following benefits:
- Fixed Interest Rates: Enjoy fixed interest rates that make monthly payments predictable and stable.
- Potential Tax Deductions: You may be able to deduct the interest you pay on your home equity loan. Consult with your tax advisor.
- Lump Sum Payment: Borrowers receive funds as a lump sum. This provides flexibility to cover large expenses.
- Higher Loan Amounts: You can often borrow larger amounts with a home equity loan than with personal loans or credit cards. Home equity loans base the amount you qualify for on your home’s equity, not just your income or credit score.
- Lower Interest Rates Than Credit Cards: Interest rates are generally lower than those for credit cards or unsecured personal loans.
- Flexible Fund Use: You can use the loan to cover many different expenses, such as home improvements, education expenses, medical bills, and more!
- Long Repayment Terms: Home equity loans often have longer repayment terms than other loans, which spread out payments over several years.
Details About Our Home Equity Loans
- Competitive rates for larger, one-time needs:1
- Education expenses
- Major life events
- Home remodel projects
- Debt consolidation
- And more!
- The existing equity in your home is used as collateral backing
- Finance up to 90% CLTV; up to a maximum of $500,000
- Wide variety of terms; choose up to 20 years2
- No prepayment penalty
- Local decision-making and processing right here in the Greater Sacramento area
- Helpful, customized service throughout the entire process
1Subject to credit approval and property valuation. APR, terms & conditions subject to change. Property insurance required; flood insurance may be required. Limited to owner-occupied one-to-four family unit properties located in California. Excludes manufactured homes, mobile homes, and commercial properties. Other restrictions on property may apply.
2$50,000 at 8.49% APR requires 239 monthly payments of $433.78 with a final payment of $396.49.
You can apply for a home equity loan if you live, work, worship, or attend school in Sacramento, Placer, El Dorado, Yolo, and San Joaquin Counties and are a member of Heritage Community Credit Union.
