Make your project easier with a Home Equity Line of Credit (HELOC)
San Diego Home Equity Line of Creditfor your next major project or big purchase. Mission Fed’s Home Equity Lines of Credit gives you the flexibility to access funds for large expenses, now and in the future. With our competitive HELOC rates, you can access funds on an as-needed basis up to a credit limit determined at closing, making it convenient and easy to have what you need, when you need it.
Why use a Mission Fed HELOC?
HELOC rateand keep your payments within your budget.
Contact a Real Estate Loan Representative for Home Loan information at 800.500.6328 x2039 or apply online now and let your San Diego home start investing in you.
Apply in the branch
Choose the time and place that’s convenient for you with our easy online reservation system.
Make an Appointment
- No points: Get a low rate with no additional fee.
- Borrow up to 100% of the equity in your home.
- Only pay interest on the money you use with our regular HELOC.
- Interest only HELOC option: allows you to pay only interest for
a certain time period before starting to pay principal.
- Please contact your Mission Federal Real Estate Loan Advisor
for more details.
- With our Interest-Only HELOCs, make interest-only payments
for the first ten years.
- The interest on your HELOC may be tax-deductible
(ask your tax consultant for more details).
- 24-hour access to your HELOC funds:
- Access your HELOC with either checks or a HELOC Platinum Card.
A Home Equity Line of Credit from Mission Fed is based on accumulated home equity and provides a variable-rate revolving line of credit that may be borrowed from again as you repay your outstanding balance. Many customers will make the most of low HELOC rates to remodel their home, purchase a new car, pay medical bills, cover travel costs and more. If you have multiple financial needs, or need access to funds to pay for expected expenses, contact a Real Estate Loan Representative for Home Loan information and to learn about Home Equity Line of Credit requirements by stopping by a Mission Fed Branch, calling 800.500.6328 x2039 or apply online now and let your San Diego home start investing in you.
Loan-to-value (LTV) cannot exceed 100% and the loan amount cannot exceed $35,000 if the loan-to-value is greater than 80.00%. Interest-only loan amounts up to $100,000. If your Home Equity Loan is paid off and closed in less than three (3) years from the funding date, you will be required to reimburse Mission Fed $500 for fees and costs paid on your behalf. The Home Equity Loan is a variable rate product with a maximum rate of 18%. All accounts and loans are subject to approval. Programs, rates, terms, conditions and services subject to change without notice. 3/15