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 anything, 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. This one-time low fee ($300) + NO INTEREST for 6-month offer won’t last long, what are you waiting for? Apply today!

Contact Us

Download the application here

Looking for a few more benefits?

  • NO Interest for 6 Months
  • Low rates
  • One-time fee of $300
  • Interest on a home equity line of credit may be tax-deductible. (Be sure to check with your tax advisor for details)
  • 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
Email: mortgage@southbaycu.com

*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 months of $35 is required. 0.00% APR promotion period ends as of the last day of the month, six months following loan origination. The total Loan term is 25 years. The first 10 years of the minimum payment due is interest only based on the prior months’ average balance. The 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 June 31st, 2021.