Real Estate Center

Home Equity Loan

Your home’s equity has plenty to offer.

Get the cash you need by tapping into your home’s equity.

Home Equity Line of Credit (HELOC)

  • Variable interest rate
  • Only pay interest on the amount you use
  • Borrow up to $50K
  • There are no fees up to $50K
  • Access funds as needed by check or online banking
  • Draw funds for up to 10 years
  • Up to 20-year repayment period
  • Interest may be tax deductible*

Fixed Rate Home Equity Loan

  • Rate fixed for the life of the loan
  • There are no fees up to $50K 
  • Borrow up to $50K
  • Interest may be tax deductible*

Want to learn more?
Contact our mortgage team today!
800.854.4501, Option 1

Send Us Your Information

* Check with your tax advisor.

Membership requirements apply. Rates are based upon creditworthiness; your rate may differ depending on Combined Loan-to-Value (CLTV), and other underwriting factors. Homeowner's property insurance is required. Flood insurance may be required. Loan together with any other mortgage(s) cannot exceed 85% of the property value in 1-unit owner-occupied properties. Non-owner occupied properties are not eligible. A full appraisal paid by the member is required when any of the following are present: Loan amounts greater than $250,000; property value exceeds $2,000,000; CLTV is greater than 80%; an existing 1st lien has an interest only feature. Applicable appraisal fees may vary and range between $450-$650. Consult your tax advisor regarding deductibility of interest and charges. Programs, rates, terms and conditions are subject to change without notice.

For home equity lines of credit, the variable APR is based on The Wall Street Journal Prime Rate (the “Index”) plus a margin. This rate may vary with changes in the Prime Rate. As of 8/1/2019 Prime Rate is 5.25%. The maximum APR that can apply is 18.00%. The minimum credit limit and loan amount is $20,000; maximum is $50,000. 10-year draw period followed by a 20-year repayment period.

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Agents are available Monday through Friday between 7:30 AM PST and 7:00 PM PST.

Mortgage Loan Centers

4041 MacArthur Blvd., Suite 100
Newport Beach, CA 92660
Manager: Erik Jenner
Ph: 866.479.5600
Hours: Mon-Fri 9 a.m. - 5 p.m.
2100 Park Place
El Segundo, CA 90245
Managers: Erik Jenner
Ph: 800.854.4501 Option 5
Hours: Mon-Fri 9 a.m. - 5 p.m.