Please don't get stuck on the word "home." While funds can be used to remodel kitchens or repair roofs, you're free to use the money to do, buy, or pay for absolutely anything.
Send a kid to college, go on a globe-trotting adventure, cover major repairs or pay off a mountain of medical bills. While you're deciding exactly what to do with your Home Equity funds, you might also take some time to consider whether a traditional loan or revolving line of credit will best fit your needs.
If you have a home and have been making payments on your mortgage for years, then you may have built up a significant amount of equity. Use the equity in your home to pay off debt, do home improvements or for whatever else you want or need!
Utilizing a HELOC to finance the construction of an ADU can be a strategic and cost-effective approach for homeowners seeking to expand their living space or generate additional rental income. This line of credit enables homeowners to tap into their home's value without committing to a fixed loan amount, offering the freedom to draw funds as needed throughout the ADU construction process. Use it to cover expenses such as architectural design, construction costs, and permit fees.
Apply online or call our Lending department to apply today, 626-445-0950 option 1.
*APR = Annual Percentage Rate.
The variable APR is based on the WSJ Prime Rate. After the 10 year draw period, the loan becomes fully amortized over a 15 year repayment period. Your APR will not exceed 18.00%. Contact the credit union for full details.
Making upgrades for a more energy-efficient home isn’t just good for the environment, it's good for your budget too. Whatever eco-friendly route you take, Foothill can help you get there with loan options that cover a wide variety of upgrades.
This loan is secured by your home. Property must be located in the following counties: Orange, Los Angeles, Riverside, San Bernardion, Ventura and San Diego. Property must be owner-occupied. Rates and terms quoted are for single family dwellings. Member fees may include appraisal, title change, recording fees and any other related fees.
"Foothill Credit Union has been great! They have wonderful customer service within all the departments. I have experienced their loan department with no hassles at all. They also have great ideas to help with savings and financing."
- Carie N.
Make quick, secure and touch-free payments online or in stores with your mobile device – all with the peace of mind.
Get StartedFoothill Credit Union is a full-service credit union with California branches in Arcadia, Covina and Glendora.
