HOME EQUITY LOANS

*Rates are effective 12/28/2022 and are subject to change without notice. APR = Annual Percentage Rate. Certain restrictions may apply. Maximum Combined Loan to Value (CLTV) is 85%, including existing first mortgage and new second lien Home Equity Loan. All loans are subject to property valuation, limited to one-to-four family units located in the state of California. All loans are subject to credit approval and income and employment verification. Membership eligibility requirements apply.

Loan repayment term is 15 years (180 months). Home Equity Loan rate is fixed for the duration of the loan. 

Payment example: A $50,000 loan with an APR of 7.92% for 180 months will have a monthly payment of $470.64. A $275,000 loan with an APR of 8.40% will have a monthly payment of $2667.89. Other rates available. 

Minimum loan amount is $20,000. A $425 Application Fee will be assessed at the time of closing. An appraisal fee and other closing costs including title, escrow, and recording fees, will be assessed on credit requests more than $250,000. These charges are estimated to range from $1,900 to $3,300. All fees will be deducted from the proceeds of the loan, with the balance of the loan proceeds deposited to your SF Fire Credit Union checking or savings account.

SF Fire Credit Union reserves the right to approve or decline member credit applications based on the following conditions: Member must be the owner of primary residential real estate property located in CA in which you live, member and co-applicant must have a verifiable income and must meet our standard credit items and policies.

Member must be at least 18 years of age. 

Terms and conditions are subject to change. Income restrictions and additional conditions may apply.

**Please consult a tax advisor about your specific tax situation.