Home Equity Loan
- No Cost Loan1 - no application fees, no closing costs, no prepayment penalty and no annual fee.
- Finance charges paid may be tax deductible (consult your tax advisor).
- Receive the funds in one lump sum payment as soon as your loan closes.
- Fixed rate and payment throughout the term of the loan.
- Available for owner occupied properties in California of 1-4 units. Investment Property Equity Loans also available.
- 0.25%2 Relationship Rewards home equity loan rate discount
| Home Equity Loan |
| Term |
Maximum LTV3 |
Amount |
Fixed Rate |
| 15 Years |
80% |
$10,000 - 500,000 |
6.99% |
| 20 years |
80% |
$50,000 - 500,000 |
7.95% | |
For advertisement only. Rates and terms subject to change without notice. Additional conditions and restrictions may apply.
1We absorb all costs associated with establishing your loan, which generally total funding between $140 and $2,000 depending on the loan amount. If your loan amount is over $200,000 and you pay off the balance and close the account in the first year of funding your loan, you will pay $750 Early Closure Fee.
20.25% Relationship Rewards rate discount available at Premier level, which requires an aggregate balance with Tech CU of $100,000 or higher. Ask a Tech CU representative for details.
3Maximum loan amount and loan to value (LTV) calculated as a percentage of appraisal minus the first mortgage. Call (408) 451-9111 or (800) 553-0880 for details.