Turn your home's equity into opportunity with a low-rate HELOC. A revolving line of credit can help whether you're planning your dream renovation, consolidating debt, funding your education, or investing in your future.
SPECIAL INTRODUCTORY RATE
for the first 12 months
The Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) requires credit union mortgage loan originators and their employing institutions to register with the Nationwide Mortgage Licensing System & Registry (NMLS).
Each employee of a credit union who acts as a mortgage loan originator must register with the Registry, obtain a unique identifier, and maintain this registration following the requirements of the SAFE Act.
Below are the registered mortgage loan originators of University Credit Union, NMLS #409731.
One of the objectives of the SAFE Act is to provide consumers with easily accessible information at no charge regarding mortgage loan originators. You may access information at www.nmlsconsumeraccess.org
Requests for information, requests for resolution of an error, or errors in connection with an existing Home Equity Line of Credit (HELOC) or Second Mortgage loan must be made in writing and forwarded via the U.S. mail to the following address:
University Credit Union
Real Estate Department
1500 S. Sepulveda Blvd.
Los Angeles, CA 90025
HELOC and Second Mortgage payments sent via U.S. mail should be addressed to:
University Credit Union
PO Box 25356
Los Angeles, CA 90025
Contact University Credit Union:
424.320.4686 or
855.564.6828
9 am – 5 pm PST, Monday through Friday
Real Estate Department’s Fax Number:
424.320.4639
*APR = Annual Percentage Rate. Introductory rate good for 12 months from date of closing. Introductory loan rates apply to new loans or loans from other financial institutions and are not intended for refinancing of existing University Credit Union loans, nor are they available as a concurrent loan with a home purchase. Minimum FICO Score of 700 required to qualify for introductory rate. Rate may change based on the index which is the Prime Rate as regularly published in the "Money Rates Table" of the Wall Street Journal. Interest-only payments apply to Home Equity Lines of Credit with a maximum 80% combined loan-to-value and during draw period only. Minimum Credit Limit $25,000. The current index for this quarter as of 12/19/2024 is 7.50%. Corresponding variable APRs range from 7.00% to 17.99%. Rate is subject to change quarterly. Minimum payment during the draw period is equal to the finance charges (interest) that accrued on the outstanding balance during the preceding billing period. Third-party closing cost are applicable and range from $700.00 to $2,500.00, depending on the loan amount and lien position. No Annual or Advanced Fees charged on HELOCs. All loans listed are available on primary member residences (single-family, owner-occupied detached dwellings, condos, or townhouses). Some restrictions may apply. Rates are subject to change without notice. Loans issued subject to credit review.
