Low-Cost Loans for All Your Borrowing Needs
Your Credit Union membership lets you take advantage of our low-cost loans. From personal loans, credit cards, vehicle loans to home loans and home equity lines of credit. We offer it all at some of the best rates around. Even members with unfortunate credit challenges may qualify for a loan at competitive rates.
A fixed rate loan secured by a 1st Trust Deed. First mortgages are available for purchase and refinance transactions. The temporary increase in conforming loan limits for Los Angeles County is $625,500.00. The good news is; this temporary increase has been extended. This allows you to finance a higher loan amount at a lower rate. Contact a real estate representative at 800.894.1200 for competitive daily quotes of fixed rates at various fee and point combinations. Apply online with anytime eXpress. Certain fees, conditions, and restrictions may apply.
A fixed rate loan secured by a 2nd Trust Deed that allows you to borrow against the equity of your home for a shorter period of time at a fixed rate. On approved credit, members may borrow up to $250,000.00.
A Home Equity Line of Credit allows you to borrow against the equity of your home. You are able to advance against your HELOC up to five years; after your five year draw period has expired your payments will be re-amortized until your balance is paid in full. Rate is subject to adjust quarterly. Use the cash for home improvements, tuition or other major purchases; or use the money to pay off higher interest debts and you may save hundreds of dollars per year. On approved credit, members may borrow up to $250,000.00.
The Mortgage Lending Team
(Members of the Nationwide Mortgage Licensing Registry)
Frequently Asked Questions:
Q: What is a Point?
Q: What does LTV/CLTV stand for?
Q: What does DTI stand for?
Q: What is a negative amortization loan?
Q: Do I have to pay the closing costs out of pocket?
Q: What is an ARM loan?
Q: What is a GFE?
Important information about procedures for opening a new account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means to you: When you open an account, we will ask you for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license and other identifying documentation.