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Give Your Savings a Second Wind With a 2nd Mortgage

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You know that super helpful friend who always says “yes!” when you ask them to help you move furniture or pick you up from the airport? That’s us, except with making the most of your home equity.

With a UMe HELOC (aka Home Equity Line of Credit aka 2nd mortgage), you’ll tap into extra funds to put toward all sorts of handy things. Building a nursery, fencing the yard, putting in a pool, sending your kids to college or sending yourself to retirement in Hawaii… the sky’s the limit! (Oh, you could even put in a skylight!)

UMe HELOCs come with lots of benefits:

  • A low 5.99% APR* 12-month HELOC intro rate
  • No application fee
  • No points
  • No prepayment penalties
  • UMe HELOCs typically fund within 2-3 weeks!
  • Easy access to your funds when you want them
  • Choose your own due date


So put us (and your home equity) to work! Apply today and a friendly UMe Personal Banker will be there from application to funding and every step in between – because U matter to Me (to all of us) at UMe!

*APR is Annual Percentage Rate. The Home Equity Line of Credit APR is a variable rate which is based on the Prime Rate. Loan approval and rate are based on a verification of income, an evaluation of your creditworthiness, and property evaluations which include Loan-to-Value (LTV). Your rate will never exceed 18.00% or be less than 4.00% — unless there is an initial discount rate that is offered below 4.00%. If you cancel your loan, third party fees may apply. Costs include a $500 title insurance fee and a non-refundable appraisal fee, paid directly to the designated appraisal company. Property insurance is required. Loan amounts up to $400,000. For additional details, please call the Credit Union at (818) 238-2900. All loans and rates are subject to change. UMe is proud to be an Equal Housing Lender.


Disclaimer: U matter to Me (all of us) at UMe — and that’s why we do our best to deliver helpful information on our blog. Please note the following: (1) UMe Credit Union works hard to make certain that the information we post here is as accurate as humanly possible. But as you know, information can change and evolve quickly. While we try to update the blog on a regular basis, the content of some older posts may not be correct or up-to-date. (2) Some destinations on the World Wide Web that we link you to will exist on external websites. UMe Credit Union does not officially endorse any connected sites, nor do/did we compensate or get compensated by any entities to be featured in our posts (unless otherwise noted). (3) Everyone’s situation is unique and we advise you to consult with our personal bankers or your finance, tax, or legal professional for advice individualized to you!