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Home Equity Financing

Maximize the income of your properties with a Non-Owner Occupied Home Equity Line of Credit!

Contemporary Classic Open Concept Kitchen Design with Dinning Area
New home with gorgeous flower garden. Peaked roof; blue sky.
Modern bathroom with shower and wood effect tiling
Portrait of happy family with their dog.

Find the funds you need to make improvements to your properties and use them for any purpose. Plus, enjoy a special 12-month introductory rate of 2.99% APR1.

Hurry! This special offer won’t last long.

DIY and home renovation

Need some ideas on how to increase the value of your rental properties?

  • Upgrade your plumbing fixtures
  • Install new flooring or cabinetry
  • Remodel the kitchen or bathrooms
  • Invest in new countertops
  • Modernize your lighting fixtures
  • Update your curbside appeal

More about our Non-Owner Occupied Home Equity Line of Credit:

  • Receive a rebate up to $300 on an early closure fee2
  • We will pay up to $500 in closing costs!3
  • 10 year draw period, 15 year amortized repayment
  • A variable rate, revolving credit line that allows you to borrow as much as you need, up to your approved limit. You only pay interest on the amount borrowed.
  • Credit lines range from $10,000 to $250,000 to qualified buyers, up to 75% CLTV.

Review our current HELOC rates.

1. APR=Annual Percentage Rate. APRs accurate as of 03/01/21. Non-Owner Occupied HELOC promotional APR of 2.99% for first 12 introductory months. After the promotional period, rates will vary based on Wall Street prime rate plus 1.00%. As of 03/01/2021, the APR cannot increase to more than 18.00% and will not fall below 4.50%. Minimum credit of $10,000 required. Non-Owner Occupied Home Equity Lines up to $250,000 at 75% combined loan-to-value (CLTV); Non-Owner Occupied California 1-4 residential real property only. Offer subject to credit qualifications. No annual fee. Rates, terms and conditions are subject to change without notice. Ask an UNCLE representative for more information.
2. If the borrower is charged a fee for paying off another lender’s home equity line of credit, UNCLE CU will pay up to $300 of the early payoff fee. UNCLE CU will not pay other fees or charges associated with closing the other equity line such as reconveyance fees, principal or interest payments or accrued late charges. Offer not valid on existing UNCLE CU Home Equity Lines of Credit.
3. UNCLE Credit Union will pay closing costs up to $500. If the loan is paid off within 36 months of origination, borrower must reimburse third party fees paid by UNCLE CU to originate the line. Third party fees are estimated between $500 – $1,000. “No Closing Costs” offer not valid on refinances of existing UNCLE Home Equity Lines of Credit.

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the U.S. Government. National Credit Union Administration, a U.S. Government Agency. Equal Housing Lender. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.
Rates shown are current as of December 7th, 2022

Uncle Credit Union BBB Business Review