Mission Federal Home Equity Line of Credit

Make your project easier with a Home Equity Line of Credit (HELOC)

You’ve invested a lot to build your home’s equity. Now let your home invest in you, with a

San Diego Home Equity Line of Credit

for 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?

Lower interest rates and favorable terms make it a great time to use your home’s equity to make your dreams happen for you. Our loan representatives will work to get you a low

HELOC rate

and 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.

More benefits:

  • 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:
    • By phone with MissionLine
    • Online with Online Banking
    • With your Mission Fed Home Equity
      Card issued with your loan (use wherever MasterCard® is accepted)
    • Write your Mission Fed Equity
      Checks issued with your loan
    • Visit any San Diego Mission Fed Branch.
  • Access your HELOC with either checks or a HELOC Platinum Card.

Learn More

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.

HELOC Card Agreement

Equal Housing Opportunity logo

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%. Loan amounts up to $300,000. If your Home Equity Line of Credit 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 Line of Credit 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. 8/16