HELOC

6 Months NO INTEREST

+ one-time low fee

From purchasing a car to paying off high-interest debt, you can use a HELOC for just about any need, even home improvements. Borrow what you need when you need it. As you repay your principal, that money becomes available to borrow over and over again. Pro tip: the interest on a home equity line of credit may be tax-deductible. (Be sure to check with your tax advisor for details). This a one-time low fee ($300) and NO INTEREST for 6 months HELOC offer won’t last long, what are you waiting for? Apply today

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  • NO Interest for 6 Months
  • Low rates
  • One-time fee of $300
  • NO Annual Maintenance Fee!
  • Borrow up to $500,000! (or 80% of appraised value, less 1st Trust Deed, owner-occupied)
  • Terms up to 25 years
  • 10-year interest-only payments (draw period)
  • Convenient access through HELOC checks, Automated Telephone Banking, Online Banking, or any branch location

If you’d like to speak to a South Bay Credit Union expert directly:

Ivette Plascencia – NMLS #1908498
Direct:424-327-9797
Fax:424-275-4393
Email: mortgage@southbaycu.com
iplascencia@southbaycu.com

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*APR = Annual Percentage Rate – Rate is based on the Prime Rate index plus a margin of either .50% or 1.00% based on the Combined Loan to Value. The maximum Combined Loan to Value cannot exceed 80%. Minimum payment during the promotional period of 6 month of $35 is required. 0.00% APR promotion period ends as of the last day of the month, six months following loan origination. Total Loan term is 25 years. The first 10 years of minimum payment due is interest only based on the prior months average balance. Final 15 years is principal, and interest paid to $0.00. Contact Ivette Plascencia at the Credit Union for a copy of our complete HELOC disclosure. New HELOC only. Offer good until March 31st, 2021.