Home Equity Rates

Foothill Federal Credit Union offers a variety of real estate loan programs. For more information please visit your branch or call our Phone Center Representatives at (626) 445-0950.

Home Advantage Loan
Effective Date: Saturday, July 31st, 2010
TermAPRLoan AmountEstimated Payment/$1,000
Terms up to 120 months
70% financing

5.75% - 7.25% $350,000 $10.98 - $11.74
80% financing

6.25% - 7.75% $350,000 $11.22 - $12.00
Terms from 121 months up to 180 months
70% financing 6.25% - 8.50% $350,000 $8.57 - $9.85
80% financing 6.75% - 9.00% $350,000 $8.85 - $10.14

Home Equity Line of Credit - 80% CLTV
Effective Date: Saturday, July 31st, 2010
Credit ScoreMaximum Loan AmountMarginCurrent APREstimated Payment/$1,000**
680+ $350,000.00 -1.000% 5.00%* $7.91
450-679 $350,000.00 0.000% 6.00%* $8.44
* Floor limit

 

Variable Rate Index: APR=Annual Percentage Rate. The APR is indexed to the Prime Rate as published in the Wall Street Journal. A Home Equity Line of Credit is a revolving credit, secured by your home. The rate can adjust quarterly in January, April, July, and October. Maximum APR is 13% to 14% depending on credit worthiness.

Payments: You choose, either a principal and interest payment, which is fully amortized over a 15-year term, or Interest only payments for the first 10yrs, then fully amortized for 15 years thereafter.
                                                                                                                                                              
Important Information for all Home Equity Loans:

  • Property Location: Orange, Los Angeles, Riverside, San Bernardino, Ventura, and San Diego Counties.
  • Cost to Member: Member fees may include appraisal, title charges, recording fees, and any other related fees.
  • Occupancy: Must be owner occupied by Member.
  • Property Types: Rates and terms quoted are for single-family dwelling, condominiums, and town homes. Condominiums are not available on our Home Advantage Product.
  • Insurance: Life and disability insurance are offered through CUNA Mutual Insurance.
ROUTING/TRANSIT NUMBER - 322273489