充分利用你最大的投资.
|
HELOC |
Home Equity Loan |
ADU HELOC |
|
|---|---|---|---|
| Type of loan | Revolving line of credit | Second mortgage | 短期循环信贷额度 |
| Best used for | Upcoming or future home improvements, debt consolidation, emergencies | 即将到来的房屋改善/维修或债务合并 | 房屋装修和增建(ADU) |
| Amount4 | up to 500,000 | up to 500,000 | up to 400,000 |
| Terms | 25 years | 10, 15 or 20 years | 22 years |
| Interest rate | Variable5 | Fixed | Variable5 |
| Closing costs | $0 (for lines up to 250,000)6 | No | Yes |
| Monthly fee | $0 | $0 | 仅在施工期间$50 -$100 |
| Accessing funds | 在关闭或任何时间，最长10年 | Once at closing | 在整个建设期间(最多2年)支付 |
| Payment |
10 year interest-only 15年本息 |
贷款期间固定支付本金和利息 |
2-year interest-only 20年本息 |
| Key differentiator | Quick access to cash as needed | 有固定金额和固定付款的即时财务需求 | 你最多可以借到房屋现价的125% |
Fixed and variable-rate options with monthly payments only on what you use
现在就借你需要的东西，或者等你准备好了再借
在你申请之前检查你的利率，不要影响你的信用7
在几分钟内在线申请，或者联系一个 Home Loan Consultant for advice
没有申请费，没有预付款罚款，也没有年费
用于家庭改善，债务合并，adu等
Our Home Loan Consultants are specialized in providing home loan expertise and advice to help you find the right option for your short and long-term goals. 不确定哪一种股权贷款适合你? 今天就安排一次免费咨询.
Your home’s equity is the difference between how much you owe on your home and the amount it’s worth. For example, if your home is worth $900,000 and you owe $600,000, you have built $300,000 in equity. 你可以借到你现有资产的80 -90%.
When you get a home equity loan, you receive a lump sum of cash up front. 随着时间的推移，你每月固定还款. 大多数房屋净值贷款都有固定利率, where each monthly payment reduces your loan balance and covers some interest costs.
另一方面，HELOC不需要一次性支付. Instead, there’s a maximum amount available for you to borrow — the line of credit, 只要信用额度是开放的，你就可以从那里借钱吗.
On an ADU HELOC, 用于资助您的项目(房屋改造或ADU)的资金, and the term is much shorter.
A home equity loan or line of credit (HELOC) provides access to larger loan amounts than you may otherwise be unable to get, 多亏了用你的房子做抵押. Additionally, the interest rate is typically less than on personal loans.
Finally, there may also be tax advantages to a HELOC (talk to your tax advisor for details).
You should be aware that you must immediately pay off this type of debt if you sell your home, 就像你必须偿还你的第一笔抵押贷款一样(如果你有的话). Additionally, your home could be foreclosed if you don’t pay the loan. That’s because your home is the collateral (the guarantee) for the loan.
由于他们的低利率和灵活的借贷选择, home equity lines and loans are often more affordable than other types of loans. You can use your loan or line to cover the cost of immediate or future expenses, 比如家庭装修(或大或小), high-interest debt, 在您的家中添加一个附属住宅单元(ADU), or other large purchases.
At this time, Patelco does not offer HELOCs for rental properties – only for primary residences. However, if you need to access cash for specific needs, you may want to explore our personal loans.
1 9.00% APR (annual percentage rate) and other terms shown are accurate as of 05/10/2024 and apply to a HELOC for the most qualified applicant at CLTV up to 80%. 并不是所有的申请人都有资格享受最低利率. 费率因物业价值而异, line amount and other factors, 第二套或度假屋的价格会有所不同. The minimum periodic payment is interest-only for the first ten years (“draw period”) followed by fully-amortizing payments to repay the balance over the final fifteen years. 在还款期间，恕不提款. 付款和利率可以按月调整. 如果利率上升，支付金额也会增加. At the end of the draw period, your required monthly payments will increase because you will be paying both principal and interest. 汇率是用指数加保证金计算的. The index used is the Prime Rate as published in The Wall Street Journal Western Edition on the last business day of the month prior to the change. The current prime index is 8.50. Minimum interest rate is 3%. Maximum interest rate is 17%.
2 8.219% APR (Annual Percentage Rate) and other terms shown are accurate, as of 05/10/2024. 每年的固定利率为8%.219% is available for 10-year second position home equity installment loans with loan-to-value (LTV) of 80% or less. 贷款还款示例:贷款120个月，8月.219%年利率假设没有首付款，每月付款将是607美元.00. Loan terms available are 10, 15, or 20 years; however, the monthly payment amount may differ from the example used above based on the loan amount and loan term selected. Payment example does not include amounts for taxes and insurance premiums. The monthly payment obligation will be greater if taxes and insurance are included and an initial customer deposit may be required if an escrow account for these Items is established. 贷款审批取决于信贷审批和项目指导方针. Interest rates and program terms are subject to change without notice. Property insurance and the fee to release an existing mortgage may be required. 固定利率房屋净值贷款是不可用的第一留置权位置. Home Equity Loans and lines of credit are available on California primary residences only.
3 Home Equity loans and lines of credit are available on California properties only. 10.00% APR (annual percentage rate) and other terms shown are accurate as of 05/10/2024 and apply to an ADU HELOC for the most qualified applicant at CLTV up to 125%. 并不是所有的申请人都有资格享受最低利率. 只适用于主要住宅. 费率因物业价值而异, credit score, line amount and other factors. The minimum periodic payment is interest-only for the first two years (“draw period”) followed by fully-amortizing payments to repay the balance over the final twenty years. 在还款期间，恕不提款. 付款和利率可以按月调整. 如果利率上升，支付金额也会增加. At the end of the draw period, your required monthly payments will increase because you will be paying both principal and interest. 汇率是用指数加保证金计算的. The index used is the Prime Rate as published in The Wall Street Journal Western Edition on the last business day of the month prior to the change. The current prime index is 8.50%. Minimum interest rate is 3%. Maximum interest rate is 17%.
4 May vary depending on current appraised value, creditworthiness and existing liens on property.
5 费率和付款是基于Prime加上保证金. 对Prime的更改将导致费率和付款的更改.
6 The minimum credit line amount is $10,000 and the maximum is $500,000. Patelco Credit Union will pay customary closing costs on lines up to $250,000(不包括ADU房屋净值信贷额度). 如果您的帐户是在“无结算成本”贷款计划下开立的, there will be no lender fee and no charge for customary closing costs including: Automated Valuation Model (AVM) to determine property value, Lender”s title insurance, courier, points, wire fees, notary, escrow fee, Patelco文件的记录, flood certification, credit report, loan origination, or tax service. Only these fees listed will be paid by Patelco Credit Union if the stated services are conducted through our preferred service providers. 如果不符合“无交割成本”计划的条件, 包括使用与该计划相关的服务提供商, then you will be responsible for any associated closing fees which will not be paid by Patelco Credit Union. “无交割成本”计划不包括特别项目, including but not limited to the following: residential real estate appraisals, 同一贷款交易的附加信用报告, 授予契约和任何相关的公证费或记录费, 错过评估预约或“差旅费”, solar lift or termination, and any fees to close another account as the result of this Account. 借款人负责超过25万美元的成交费用. 成交费用从0美元到2500美元不等. 此报价不包括托管或录音费用, 或因所有权变更而产生的额外公证费, 授予或公证任命.
7 Patelco runs a “soft” credit pull to determine which pre-qualification offer you qualify for. 这不会影响你的信用评分. 如果您选择继续进行贷款申请, Patelco will request your full credit report from one or more credit reporting agencies. 这将是一个“硬”拉，可能会影响你的信用. If necessary, 我们也可能与第三方分享您的某些信息, like our insurers, to process your request.
Read the HELOC Program Disclosure.
Read the ADU HELOC Program Disclosure.
Compare
