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Home Equity Loans
Make your money work for you with a fixed-rate Home Equity Loan.
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Home Equity Loan


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A KeyPoint Home Equity Loan is the perfect way to pull cash out of the California home you already own! If you've built up equity and need cash for big expenses, let your home help! A Home Equity Loan can be less expensive than other options, and may even provide tax benefits (consult a tax professional for your specific situation).

  • Finance home improvements and repairs to add value to your property
  • Pay medical expenses
  • Finance a college education
If you don't know the exact amount needed, consider a low-rate Home Equity Line of Credit from KeyPoint!

Call our Mortgage Hotline to speak with a home loan expert: (408) 731-4278 (Mon-Fri 8:30-6:00; Sat 9:30-3:00).
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Home Equity Loan

  • KeyPoint offers a fixed rate so you can budget confidently
  • Pay no fees on any new home equity loan up to $500,0001
  • Terms available up to 30 years
  • Potential tax advantages (please consult your tax advisor)

1. "No fee" offer valid only on new loans not valid on refinances of existing KeyPoint debt. For a limited time, pay no fees to establish a Home Equity Loan or Line up to $500,000. However, if you pay off the loan within 36 months, you will pay a $350 early closing fee on loan amounts up to $250,000 or $1,000 if the loan amount is over $250,000. Fees to establish equity loans and lines over $500,000 typically range from $1,325 to $2,500. No annual fee.

Home Equity Loan Rates
Rates Effective: 2/16/16
Fixed Term Period10-Year Term (2nd Lien)15-Year Term (2nd Lien)30-Year Term (2nd Lien)
Annual Percentage Rate4.625%4.990%5.490%
Monthly Payment Amount$1,042.42$790.27$567.16
Total of Payments Over the Term$125,090.40$142,248.60$201,177.60

Equity loans available on owner-occupied single-family California residences. Townhome, condo and 2-4 unit property loans available on different terms. All loans require credit approval. Some restrictions apply. KeyPoint Credit Union provides home equity loans to California properties.

20-year term is available on loan amounts of $50,000 or more. 30-year term is available on loan amounts of $150,000 or more. Payment example: 360 monthly payments of $5.68 per $1,000 borrowed at 5.49%.

ALL LOANS SUBJECT TO CREDIT APPROVAL. RATE IS BASED ON CREDITWORTHINESS AND OTHER FACTORS, AND MAY BE HIGHER THAN THE RATE SHOWN. RATES AND TERMS SUBJECT TO CHANGE WITHOUT NOTICE.