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 6/13/2018, the Prime Rate was 5.00%.  Accordingly, the APR for a Home Equity Line of Credit will go to 6.00% 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 (49.5 KB 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.

Stop by one of our branches and speak to a loan officer.