Home Equity Loans - Fixed Rate

LAPFCU can help you use your home's equity to get the cash you need. Remodel your home, jet off to a luxury vacation resort, pay for college tuition, or consolidate high interest rate debt...the choice is yours. Apply now!

LAPFCU has home equity loan rates and terms to suit your individual needs. Fixed rate loans are available for properties located in Arizona, California, Colorado, Idaho, Montana, Nevada, Oregon, and Utah. All of our fixed Home Equity Loans feature the opportunity to:

• Borrow up to 80% of the appraised value, less encumbrances of your owner-occupied home, with terms* up to 20 years.
• Borrow up to 70% of the appraised value, less encumbrances, on non-owner occupied properties, up to a term* of 15 years.

Additional important information includes the following:

• No appraisal fee,
• No title fee & recording fee,
• No document preparation fee,
• No processing fee,
• No escrow fee,
• No credit report fee,
• No underwriting fee,
• No tax service fee,
• No flood track fee,
• Longer term = lower payments,
• In many cases, the interest paid on an equity loan may be tax deductible (you should consult a tax advisor for information on your particular situation).
• Third trust deeds available if LAPFCU is in the senior loan position.
• The minimum loan amount is $5,000 and the maximum loan amount is $625,000 or up to 80% of the appraised value of the property.
• Loans are available on 1-4 multiple family dwellings.

*Payment Example (Rate effective 04/08/10):

A $35,000 fixed rate home equity loan at 80% Loan to Value at 6.99% fixed APR would have 84 monthly payments of $528.13.