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Home Equity

Tap into the equity of your home for a variety of purposes. Fixed rate home equity loans and variable rate home equity lines of credit are available if you have sufficient equity in your home.

Please call the credit union at 562.229.9181 if you are interested in applying for a Home Equity Loan.

Our Current Home Equity Loan Rates:

(Rates effective as of date; last updated on April 3, 2020)

*APR = Annual Percentage Rate. The advertised rate is our lowest rate available, effective as of 03/16/2020, this rate is subject to change without notice. HELOC features a variable rate based on the Prime Rate as published in The Wall Street Journal plus a margin. The APR is subject to change and may increase after consummation. The maximum APR is 18%. Minimum credit limit is $10,000; Maximum credit limit is $250,000. Maximum combined loan to value (CLTV) of up to 80%.

Closing costs range from $200 to $1200 to open a HELOC. Call us for details on how POPA FCU can pay all closing costs. Property insurance is required, and flood insurance is required where necessary. Consult a tax advisor regarding the deductibility of interest and charges. Rates, program terms and conditions are subject to change without notice. Other restrictions and limitations may apply. NMLS # 852741.

Loan Type Max Amount Financed Term APR (as low as)§
Home Equity Loan – Fixed up to 80% CLTV 1 to 10 years 3.25%*
Home Equity Loan – Fixed up to 80% CLTV 11 to 20 years 4.25%*
Home Equity Loan – Fixed over 80.01% up to 90.00% CLTV 1 to 10 years 4.25%*
Home Equity Loan – Fixed over 80.01% up to 90.00% CLTV 10 to 20 years 5.25%*
Home Equity Line of Credit – Variable up to 80% CLTV Revolving 3.25%*