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Great rates on home equity options in California.

Your big plans require financing options that are flexible enough to meet your specific needs and budget. Our Pasadena Home Equity Loan and Line of Credit are structured to benefit you by maximizing the value you’ve built up in your home over the years.

Use your home equity to start a remodeling project at home, consolidate debt, pay for education expenses or anything else. We’ll help you figure out if it’s better to receive your funds in a lump sum using a Home Equity Loan, or access money as a revolving line of credit with a HELOC.

Home Equity Loan

Borrow against your home's value and receive a lump sum.

  • Fixed APR*
  • Flexible terms, up to 15 years
  • Interest may be tax-deductible (consult your tax advisor)

Home Equity Line of Credit (HELOC)

Leverage the equity you've built up through hard work.

  • Introductory Rate of 5.50%APR* for three months 
  • Interest-only payments during the draw period
  • Flexible payment options
  • Adjustable APR* based on Prime
  • 5-year draw/15-year repayment period
  • Interest may be tax-deductible (consult your tax advisor)

E-Central Credit Union offers home equity loans and HELOCs to Southern California members throughout Los Angeles County including Pasadena, South Pasadena, Alhambra, San Marino, Arcadia, Sierra Madre, Altadena, Temple City, Monrovia and offers home loans nationwide.

To learn more about our home equity options or to apply for a home equity loan or line of credit, contact us or visit our Pasadena branch today.

*APR = Annual Percentage Rate. All loan rates, terms, and conditions are subject to change. The introductory interest rate for the HELOC will be fixed at 5.50% during the three month introductory period. After the three month introductory period: based on approved credit the Home Equity Line of Credit rate is variable monthly and is based on prime plus a margin of 1.00% minus relationship reward discounts. Discounts include 0.25% discount if first D/T filing and 0.25% discount if CLTV is below 50%. Minimum Floor Rate: 5.50%. Maximum Ceiling Rate: 18.00%. Interest only minimum payment during the draw period. Upon term-out, monthly payment will be principal and interest monthly based on 15 years amortization schedule. Borrower will pay all third party fees including title policy, flood and tax service, appraiser fee, and recording fees.

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