Home Equity Loans

Your home is local. Your home equity loan should be, too. Whether you're upgrading or repairing your home, or using your home's equity for other purposes, we've got the right home equity loan option for you.

We Offer Several Home Equity Loan Types for Mission City Members

Home Equity Loans: 2nd Lien Fixed Rate

TypeAPRMonthly Payment / $1000.00
10 Year Fixed7.25% - 14.25%$11.74 -$15.68
15 Year Fixed7.50% - 14.50%$9.28 - $13.66
70% LTV or less, up to $500,000
Current as of November 6, 2024 *APR=Annual Percentage Rate.

Home Equity Lines of Credit (HELOC)

Home Equity Loans: 2nd Lien Fixed Rate

TypeAPRMonthly Payment / $1000.00
10 Year Fixed7.50% - 14.50%$11.88 - $15.83
15 Year Fixed7.75% - 14.75%$9.42 - $13.83
70.01% - 80% LTV, up to $500,000
Current as of November 6, 2024 *APR=Annual Percentage Rate

TypeAPR as low asDescription
Line of Credit8.50%• 25 year term, 10 year draw period, 15 year repayment period
• $500K maximum
Rates as low as Prime + 0.50%. Current as of November 6, 2024 *APR=Annual Percentage Rate.

*APR=Annual percentage rate. Home Equity Lines of Credit (HELOC) are variable-rate loans. Rates are based on the Prime Rate (as published in the Wall Street Journal) plus 0.5%. Maximum cap of 18% APR. All loans subject to credit approval and additional terms and conditions may apply. For full details contact the loan department.

Financial Resources for Whatever

As the only financial institution founded and operating exclusively inside of Santa Clara City boundaries, we're committed to the people and future of this community.