Our variable* rate loan offers you an open-ended line of credit that is secured by your property. You choose when and how you spend the equity in your home, up to the approved amount of your loan. You may also designate your Home Equity Line of Credit as Overdraft Protection in conjunction with your other LAPFCU Accounts.
Our Variable* rate Home Equity Loan (HELOC) offers the opportunity to
Additional important information includes the following:
*The annual percentage rate (APR) may increase or decrease during the term of the agreement. Property insurance is required. The rate cap is 15.99%. $75 fee if no outstanding balance for 12 consecutive months. $500 in waived closing costs will be charged if member closes home equity line of credit within first 24 months of opening it.