Home Equity Line of Credit

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A Home Equity Line of Credit (also known as a HELOC) may be right for you if you have a recurring expense such as college tuition or are making home improvements.
Take advantage of this limited time offer!

3.99%APR* Introductory fixed rate for the first 12 months / 5.0%APR* Current variable rate

No closing costs!**

  • Borrow up to 80% of the appraised value of your home up to $250,000 for owner-occupied property
  • Flexible open-end loan with a variable rate
  • 10-year draw period and a 25-year repayment period
  • Interest is paid only on the money you use
  • Interest may be tax deductible, so check with a tax advisor
  • Access funds anytime by:
  • Property must be located in California
  • Eligible properties include one to two family homes, condominiums, and double-wide manufactured homes on a permanent foundation
  • Property insurance required on all properties being used as collateral
  • Flood insurance may be required

Apply Now

or apply by phone at 858-487-1880 (toll-free at 855-487-1880)

Easy ways to make loan payments

*APR=Annual Percentage Rate. Rates effective 03/15/2018 for new Home Equity Lines. Please call NCCU at 858- 487-1880 for current rates. Hazard, flood and title insurance and NCCU membership are required on all Home Equity Lines. California owner-occupied residences only. All loans subject to credit approval. Home Equity Line Introductory APR is “discounted” for the first twelve billing cycles. Our standard fully-indexed APR will commence beginning the thirteenth billing cycle. Our standard APR is based on the Wall Street Journal Prime Rate (Prime + 0%). When a range of prime rates is published, the highest prime rate applies. Rate varies monthly. Maximum APR is 14%. Minimum APR is 5%. NSF charge is $30. Late payment fee is 5% of payment or $10.00, whichever is greater. Over-the-limit fee is $18.

**For a limited time, NCCU will cover the following closing costs (fees): flood certification, title insurance, escrow, credit report, condo processing, mortgage recording, notary, and trust documentation.  If the loan is closed within three years of origination, an Early Account Closure Fee of $500 will be assessed to recover to cost of the fees paid by NCCU. A Reconveyance Fee is charged when the line is closed and the balance is paid in full. The $25 Annual Fee is waived the first year and assessed on each annual loan anniversary date; thereafter if the outstanding balance falls below $10,000. An appraisal will be required. If an appraisal is ordered, the actual cost will be paid by you. The minimum initial credit advance that you can receive is $10,000. Offer subject to change without notice.

NMLS #756614

1Check with your tax advisor.