Home Equity Line of Credit
We'll pay your closing costs.
For a limited time, SCU will pay all normal closing costs on new Home Equity Lines of Credit. (No more than once every 24 months.)
APR
2.9% APR for the first year, then APR adjusts to the Prime Rate, as reported by the Wall Street Journal, plus 1.00% APR with a maximum rate of 18.00% APR. As of 9/26/2018, the Prime Rate was 5.25%. Accordingly, the APR for a Home Equity Line of Credit will go to 6.25% APR after the first year. Rates adjust quarterly if there is a change in the Prime Rate. For a printable version of our Loan Rates, click here (49KB PDF).
Flood/property/hazard insurance may be required.
Why a home equity line?
The Funding You Need
Borrow up to 85% of your home's value, minus existing mortgage(s).
Checks
Write a home equity check for $100 or more.
No Extra Charges
No prepayment penalties; no annual fee.
Easy Application Process
SCU makes the application process stress-free.
Three ways to apply.
Call us.
800-868-8740
Send an email.
info@scscu.com
Include your name and contact information only. Do not include any confidential information.