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Rates effective as of January 01, 2019

Home Equity

Loan Type Terms  APR* 
Home Equity Line of Credit (HELOC) 10 year draw 80% LTV 6.25-13.50%
First Trust Deeds (Fixed & Variable) Available through our mortgage division. Call (818) 238-2900 x2

HELOC

Home Equity Line of Credit
10 year draw | 20 year term
80% loan-to-value 6.25% - 13.50%
Application fee $0
Escrow fee $0
Credit report fee $0
Recording fee Based on the dollar amount of the loan
Appraisal fee $250
Title insurance as billed by the title company

UMe is an equal housing lender.

Note: All fees associated with a HELOC can be included in the loan or taken out of the proceeds.

*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 be less than 4.00% or exceed 18.00%. If you cancel your loan, third party fees may apply. Costs include a non-refundable appraisal fee, plus title insurance and recording fees. Property insurance is required. Loan amounts up to $250,000. For additional details, please call the credit union at (818) 238-2900. All loans and rates are subject to change.

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