Our HELOC provides you with financial flexibility, allowing you to borrow funds as needed and pay them back over time. With competitive rates and a credit limit determined at closing, you can access the funds you need for your next project or purchase.
Using the Value in Your Home
A Home Equity Line of Credit - This is a revolving loan with a variable rate. Like a traditional home equity loan, a line of credit taps into the equity in your home, but can be used on an ongoing basis. If you’re wanting to make continuous upgrades to your home, especially over a long period of time, a Home Equity Line of Credit (HELOC) is a more efficient way of managing your home’s equity, plus there are NO FEES!*
A HELOC is an easy and affordable way to:
- Remodel your kitchen or bathroom
- Install solar panels
- Landscape your home
- Consolidate other debt
It is also a great "safety net" for life's unexpected emergencies.
Why Choose a HELOC?
- Access funds as needed
- Pay interest only on the amount borrowed
- Repay and borrow again, providing ongoing financial support
Benefits of a Home Equity Loan
- Receive funds upfront for larger expenses
- Enjoy stability with a fixed-rate option
- Know your payment amount won't change
Apply Today
Ready to unlock your home's equity? Apply for a HELOC with Cabrillo Credit Union today and gain the financial flexibility you need to achieve your goals.
Don’t miss out! Our HELOC is a great way to tap into the equity in your home, without having to refinance your mortgage.
To apply for a loan, click here.