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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!

  • Finance home improvements and repairs to add value to your property
  • Pay medical expenses
  • Finance a college education
  • May be tax-deductible—check with your tax advisor
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: (877) 888-9634 (Mon-Fri 9:00-6:00; Sat 9:30-3:00).
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Home Equity Loan

  • KeyPoint offers a fixed rate so you can budget confidently
  • Terms available up to 30 years
  • Potential tax advantages (please consult your tax advisor)

 

Equity loans are available for owner-occupied single-family, townhomes, condominiums (subject to additional restrictions) and 2-unit properties (1 unit must be owner occupied). The lowest rates as shown require (a) $20,000 minimum loan amount, (b) 75% or lower loan to value (LTV)/combined loan to value (CLTV) ratio, (c) automatic loan payments from a checking account, and (d) a minimum credit score of 760. Fees to establish an equity loan typically range from $680 - $1,185. On purchase transactions, fees are waived on home equity loan when combined with a KeyPoint 1st mortgage ("Combo"). Equity loans are subject to an Automated Valuation Model including a property drive-by ("AVM") indicating an acceptable confidence score of 80 or higher. Should the AVM indicate an unacceptable confidence score or otherwise be unacceptable to an Underwriter, the member can choose to pay for a full appraisal. Loan amounts above $250,000 and/or above 75% LTV/CLTV require a full appraisal instead of an AVM. The fee for a full appraisal typically ranges from $525 - $750. An appraisal may be subject to additional fees for certain property characteristics, including but not limited to, acreage, large home size, waterfront and/or additional amenities. All loans subject to credit approval. Rates and terms subject to change without notice.

Home Equity Loan
Rates Effective: 11/6/18
TermFixed Rate*Annual Percentage Rate (APR)
10 YearsAs low as 5.250%As low as 5.367%
15 YearsAs low as 5.500%As low as 5.583%
20 YearsAs low as 6.250%As low as 6.318%
30 YearsAs low as 6.375%As low as 6.426%
*Your rate may be higher depending on your credit score.
Equity loans are available for owner-occupied single-family, townhomes, condominiums (subject to additional restrictions) and 2-unit properties (1 unit must be owner occupied). The lowest rates as shown require (a) $20,000 minimum loan amount, (b) 75% or lower loan to value (LTV)/combined loan to value (CLTV) ratio, (c) automatic loan payments from a checking account, and (d) a minimum credit score of 760. Fees to establish an equity loan typically range from $680 - $1,185. On purchase transactions, fees are waived on home equity loan when combined with a KeyPoint 1st mortgage ("Combo"). Equity loans are subject to an Automated Valuation Model including a property drive-by ("AVM") indicating an acceptable confidence score of 80 or higher. Should the AVM indicate an unacceptable confidence score or otherwise be unacceptable to an Underwriter, the member can choose to pay for a full appraisal. Loan amounts above $250,000 and/or above 75% LTV/CLTV require a full appraisal instead of an AVM. The fee for a full appraisal typically ranges from $525 - $750. An appraisal may be subject to additional fees for certain property characteristics, including but not limited to, acreage, large home size, waterfront and/or additional amenities. All loans subject to credit approval. Rates and terms subject to change without notice.

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.