Home Equity Line of Credit

Home Equity Line of Credit

Introducing our Home Equity Line of Credit

A Home Equity Line of Credit or HELOC is a variable rate line of credit borrowed against your home's equity. Any interest paid may also be tax-deductible1.

HELOCs are great for:

  • Large home repairs or improvements
  • Higher education
  • Consolidating high-rate balances
  • And much more!

Below are the documents you'll need to assist in opening your line of credit promptly:

 Residential Mortgages: 
  • Paystubs (Last 30 days)
  • W-2s (Last 2 years)
  • Tax Returns (Last 2 years)
  • Bank Statements (Last 3 months)
  • Mortgage Statement
  • Stocks, Bonds, 401Ks, IRAs
  • Other Real Estate (tax and insurance information)
If Applicable:
  • Bankruptcy Discharge
  • Separation or Divorce Decrees
For more information on how to apply contact us at 760-352-1540 or lending@ficu.com
 HELOC RATES
TERM MIN. LOAN AMOUNT VARIABLE RATE AS LOW AS  MAX RATE 
10-Year Draw; 10-Year Repayment  $25,000 6.00% 18.00%
LOAN-TO-VALUE: Max LTV (minus 1st TD) is 80%. ANNUAL FEE: $50

1Consult with your tax advisor for more information.