Home Equity Line of Credit

Use the equity in your home to pay for all the things you need - and want! Remodel your home, buy a car, pay off bills, take a vacation - the choice is yours. Benefits of this loan include:

  • Easy application process - apply online, by phone, or at any branch
  • Terms up to 25 years, including a 10-year draw period
  • 80% loan-to-value financing
  • Borrow from $10,000 to $200,000
  • Low application fee.  Fee waived thru April 30, 2017.*
  • No pre-payment penalties
  • Payable within 15 years of the final loan advance
  • Easy access to funds - convenience checks, branch withdrawal, take an advance at an EECU ATM, or transfer funds through Online Access Home Banking
  • Interest on the loan may be tax deductible - consult your tax advisor
  • Life insurance available

To apply for a HELOC limit increase, please call us at 559-437-7700 or 1-800-538-3328, or visit any EECU branch.

*Variable Annual Percentage Rate (APR) 4.00% as of 3/31/17.  Lifetime maximum APR is start rate plus 5%, currently 9.00%.  $25 annual fee. The $125 application fee is waived February 15 – April 30, 2017, with an advance of at least $10,000.  Fees to establish equity line range from $125 to $575 for lines in second lien position.  Rates and terms subject to change without notice.  Loans subject to credit approval.  Available on California owner-occupied real property only.  Other restrictions may apply.