Home Equity Line of Credit (HELOC)
Need a flexible line of credit? Apply for our HELOC with rates starting as low as 7.50% and a variable loan rate, giving you the freedom to borrow only what you need. You'll only pay on the amount you use with borrowing limits up to $150,000.
- Flexible borrowing over time
- Pay only on what you use
Fixed Second
Our Fixed Second Mortgage offers a lump sum payout with a fixed interest rate and a set repayment schedule, with rates as low as 6.99% for 180 months or 7.50% for 240 months, and borrowing amounts up to $250,000.
- Fixed rates and terms
- One-time payout with consistent monthly payments
To apply,
or call Vida FCU at 909-983-1959, option 2.
Rates & Terms
Home Equity Line of Credit
| Program | APR(1) | Margin | Maximum Loan(2) | Maximum CLTV(3) | Estimated Payment Per $1,000 Borrowed |
|---|---|---|---|---|---|
| Home Equity Line of Credit (HELOC) | 7.50 - 12.10 | 0.55 - 4.60 | $150,000.00 | 80.00% | $8.06 - $11.08 |
Terms and Conditions:
1. APR: Annual Percentage Rate. Rate is variable; rate and payment may increase after account opening.
2. Owner-occupied primary residences; from $10,000 to $150,000.
3. CLTV: Combined Loan-To-Value.
Home Equity Loan
| Program | APR(1) | Rate | Maximum Loan(2) | Maximum CLTV(3) | Estimated Payment Per $1,000 Borrowed |
|---|---|---|---|---|---|
| 15-Year Fixed Home Equity Loan | 6.99 - 11.50 | 6.99 - 11.50 | $250,000.00 | 80.00% | $8.98 - $11.68 |
| 20-Year Fixed Home Equity Loan | 7.50 - 12.20 | 7.50 - 12.20 | $250,000.00 | 80.00% | $8.06 - $11.15 |
Terms and Conditions:
1. APR: Annual Percentage Rate. Payments do not include amounts for taxes and insurance premiums, if applicable, the actual payment obligation will be greater.
2. Owner-occupied primary residences; from $10,000 to $250,000.
3. CLTV range is 0% to 80%.
Program terms, rates and APRs are effective as of 09/09/2025 and are subject to change without notice.
PLEASE NOTE: Rates reflect the following loan assumptions but are not requirements to apply.
- A 730 credit score
- A loan-to-value of 80% for Home Equity Line of Credit (HELOC)
- A loan-to-value of 80% for a Home Equity Loan
The rate or margin you may qualify for is based on factors including your credit rating. A minimum credit qualifying score is required. Program, rates, APRs, points and terms listed below are effective as of 09/09/2025 and are subject to change without notice. All loans are subject to approval. APR = Annual Percentage Rate.
Payment examples do not include the cost of property taxes or insurance, so the actual payment obligation will be greater. See additional Important Definitions and Information below.
Important Definitions and Information
Home Equity Loan: A second mortgage you take against the equity you've built in your home.
Home Equity Line of Credit (HELOC): An open line of credit you borrow against the equity in your home and draw funds from as you need.
HELOC Lifetime Maximum Cap: 18.000% APR. The highest rate that can be charged.
Index Rate: The current highest "prime rate" as reported in The Wall Street Journal on the last business day of the month preceding the start date of each billing cycle.
Fully Indexed Rate: The index rate plus margin that results in the APR.
Home Equity Loan and HELOC Origination Fees: No lender origination fees are required unless accommodation recording fees, title charges to clear or transfer liens, or indemnification due to construction on the subject property are required. The borrower is responsible for these costs.
Eligible Property Types: Single family residence, condominium and Planned Unit Development (PUD). Manufactured homes are eligible for home equity loans only. Restrictions apply to multi-unit and income properties. Property must be located in California.
Property Construction/Sale: The borrower is required to wait until loan funds are received to begin work on the property. A property with construction already in progress may not be eligible. If approved, additional fees will be required. Properties currently listed for sale are not eligible.
Maximum Combined-Loan-To-Value (CLTV): The principal balance of all mortgages on the property (including the balance of the first mortgage) divided by the value of the property. The maximum CLTV for a condominium or attached PUD is 80%.
Property Insurance: A required insurance policy that provides protection to the borrower against loss and to the lender's interest in the property.