Home Equity Loans and Lines of Credit
Access and withdrawal your home’s equity for low cost funds that you can use for almost anything.
Why Borrow With SCCCU?
- We offer competitive rates and a streamlined application process.
- Count on local decision-making and customized personal service by lenders who genuinely care about you.
- All residents of Santa Cruz County and northern Monterey County can apply using an SSN or ITIN.
Unlock Your Equity.
Secure a revolving line of credit for one-time projects or ongoing needs, and withdraw what you need when you need it.
Uses
Home improvements
Energy-efficient upgrades
Debt consolidation
Unplanned expenses
College tuition payments
Weddings
Vacations
Medical Espenses
Features
Introductory rate of 5.99% APR* for the first 12 months (owner-occupied property only)
Standard rate for owner-occupied property ranges from Prime to Prime + 1.25%
Standard rate for non-owner-occupied property ranges from Prime +.25% to Prime + 1.50%
No annual fee or processing fees
Borrow up to 80% of your home’s available equity for owner-occupied property
Borrow up to 70% of your home’s available equity for non-owner-occupied properties
20-year term with a 10-year draw period (borrowing) and a 10-year repayment period
Use funds as needed and only pay interest on what you use
Re-access credit line when needed without reapplying
Interest may be tax-deductible**
Local decision-making and personal service
Apply with an SSN or ITIN
24/7 online access to manage your loan and make payments
Not available for mobile homes
Rates & Terms (Coming Soon)
*APR = Annual Percentage Rate. ** Consult a tax advisor.
Leverage your home’s equity as collateral to borrow a lump sum and enjoy a fixed monthly payment.
Uses
Home improvements
Energy-efficient upgrades
Debt consolidation
Unplanned expenses
Tuition payments
Weddings
Vacations
Features
Low rates and flexible repayment terms
Borrow up to 70% of your home’s available equity
Equal monthly payments
Interest may be tax-deductible*
Local decision-making and personal service
Apply with an SSN or ITIN
24/7 online access to manage your loan and make payments
Rates & Terms (Coming Soon)
*Consult a tax advisor.
Secure a revolving line of credit for one-time projects or ongoing needs, and withdraw what you need when you need it.
Uses
Home improvements
Energy-efficient upgrades
Debt consolidation
Unplanned expenses
College tuition payments
Weddings
Vacations
Medical Espenses
Features
Introductory rate of 5.99% APR* for the first 12 months (owner-occupied property only)
Standard rate for owner-occupied property ranges from Prime to Prime + 1.25%
Standard rate for non-owner-occupied property ranges from Prime +.25% to Prime + 1.50%
No annual fee or processing fees
Borrow up to 80% of your home’s available equity for owner-occupied property
Borrow up to 70% of your home’s available equity for non-owner-occupied properties
20-year term with a 10-year draw period (borrowing) and a 10-year repayment period
Use funds as needed and only pay interest on what you use
Re-access credit line when needed without reapplying
Interest may be tax-deductible**
Local decision-making and personal service
Apply with an SSN or ITIN
24/7 online access to manage your loan and make payments
Not available for mobile homes
Rates & Terms (Coming Soon)
*APR = Annual Percentage Rate. ** Consult a tax advisor.
Leverage your home’s equity as collateral to borrow a lump sum and enjoy a fixed monthly payment.
Uses
Home improvements
Energy-efficient upgrades
Debt consolidation
Unplanned expenses
Tuition payments
Weddings
Vacations
Features
Low rates and flexible repayment terms
Borrow up to 70% of your home’s available equity
Equal monthly payments
Interest may be tax-deductible*
Local decision-making and personal service
Apply with an SSN or ITIN
24/7 online access to manage your loan and make payments
Rates & Terms (Coming Soon)
*Consult a tax advisor.
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Financial Knowledge Center
Financial questions? We’re here for you, with resources in both English and Spanish.