Take advantage of your biggest investment.
|
HELOC |
Home Equity Loan |
ADU HELOC |
|
|---|---|---|---|
| Type of loan | Revolving line of credit | Second mortgage | Short-term revolving line of credit |
| Best used for | 即将到来或未来的房屋改善，债务合并，紧急情况 | Upcoming home improvements/repairs or debt consolidation | Home renovations and additions (ADU) |
| Amount4 | up to 500,000 | up to 500,000 | up to 400,000 |
| Terms | 25 years | 10, 15 or 20 years | 22 years |
| Interest rate | Variable5 | Fixed | Variable5 |
| Closing costs | $0 (for lines up to 250,000)6 | No | Yes |
| Monthly fee | $0 | $0 | $50 -$100 during construction period only |
| Accessing funds | At closing or anytime for up to 10 years | Once at closing | Disbursed throughout construction period (up to 2 years) |
| Payment |
10 year interest-only 15-year principal and interest |
Fixed principal and interest payments throughout loan |
2-year interest-only 20-year principal and interest |
| Key differentiator | Quick access to cash as needed | Immediate financial needs with set amount and fixed payments | Allows you to borrow up to 125% of your home's current value |
固定和可变利率的选择，每月只支付你使用
Borrow what you need now or once you’re ready
Check your rate before you apply with no impact to your credit7
Apply online within minutes or connect with a Home Loan Consultant for advice
No application fee, no pre-payment penalty, and no annual fee
Use for home improvements, debt consolidation, ADUs and more
Our Home Loan Consultants 是专门提供住房贷款的专业知识和建议，以帮助您找到正确的选择，为您的短期和长期目标. Not sure which type of equity loan is right for you? Schedule a complimentary consultation today.
你的房屋净值是你在你的房子上欠多少钱和它的价值之间的差额. 例如，如果你的房子价值90万美元，你欠了60万美元，你就积累了30万美元的权益. You may be able to borrow between 80 –90% of your available equity.
当你获得房屋净值贷款时，你会收到一笔现金. You repay the loan over time with fixed monthly payments. Most home equity loans have a fixed interest rate, 每月还款额可以减少你的贷款余额并支付一些利息成本.
With a HELOC, on the other hand, there’s no lump sum up front. Instead, 你可以借到的金额是有上限的——信用额度, which you can borrow from as long as the line of credit is open.
On an ADU HELOC, funds are using to finance your project (home remodel or ADU), and the term is much shorter.
房屋净值贷款或信用额度(HELOC)提供了比您可能无法获得的更大的贷款金额, thanks to using your home as collateral. 此外，利率通常比个人贷款要低.
最后，HELOC也可能有税收优惠(详情请咨询您的税务顾问).
你应该意识到，如果你卖掉你的房子，你必须立即还清这类债务, just like you must pay off your first mortgage (if you have one). 此外，如果你不偿还贷款，你的房子可能会被取消赎回权. 那是因为你的房子是贷款的抵押品(担保).
Due to their low rates and flexible borrowing options, 房屋净值贷款通常比其他类型的贷款更实惠. 您可以使用您的贷款或额度来支付当前或未来的费用, such as home improvements (big or small), high-interest debt, to add an accessory dwelling unit (ADU) to your home, or other large purchases.
目前，Patelco不为出租物业提供heloc -仅用于主要住宅. 但是，如果您需要获得现金以满足特定需求，您可能需要探索我们的 personal loans.
1 9.截至2024年4月26日，00%年利率和其他条款是准确的，对于CLTV最合格的申请人，适用于HELOC，最高可达80%. Not all applicants will qualify for the lowest rate. Rates vary based on property value, line amount and other factors, and will vary for second or vacation homes. 最低分期付款是头十年只付利息(“提款期”)，然后在最后15年全额分期偿还余额. No draws will be allowed during the repayment period. Payments and rate can adjust monthly. Payments will increase if rates increase. At the end of the draw period, 你的月供将会增加，因为你将同时支付本金和利息. The rate is calculated using an index plus a margin. 所使用的指数是变动前一个月最后一个工作日《太阳集团平台》西部版公布的最优惠利率. The current prime index is 8.50. Minimum interest rate is 3%. Maximum interest rate is 17%.
2 8.截至2024年4月26日，219% APR(年度百分比率)和其他显示的条款是准确的. The fixed Annual Percentage Rate of 8.219%可用于贷款价值比(LTV)为80%或以下的10年期第二头寸房屋净值分期贷款. Loan payment example: loan for 120 months at 8.219% APR assuming no down payment, monthly payments would be $607.00. Loan terms available are 10, 15, or 20 years; however, 根据所选择的贷款金额和贷款期限，每月支付金额可能与上面使用的示例不同. 付款示例不包括税款和保险费的金额. 如果包括税金和保险，每月的付款义务将会更大，如果为这些项目建立了托管账户，则可能需要初始客户存款. Loan approval is subject to credit approval and program guidelines. 利率及计划条款如有更改，恕不另行通知. 可能需要财产保险和解除现有抵押贷款的费用. 固定利率房屋净值贷款是不可用的第一留置权位置. 房屋净值贷款和信用额度仅适用于加州的主要住宅.
3 房屋净值贷款和信用额度仅适用于加州房产. 10.截至2024年4月26日，00%年利率和其他条款是准确的，适用于ADU HELOC, CLTV最合格的申请人最高可达125%. Not all applicants will qualify for the lowest rate. Eligible on primary residences only. 利率根据财产价值、信用评分、额度和其他因素而有所不同. 最低分期付款是头两年(“提款期”)只付利息，然后在最后二十年全额分期偿还余额. No draws will be allowed during the repayment period. Payments and rate can adjust monthly. Payments will increase if rates increase. At the end of the draw period, 你的月供将会增加，因为你将同时支付本金和利息. The rate is calculated using an index plus a margin. 所使用的指数是变动前一个月最后一个工作日《太阳集团平台》西部版公布的最优惠利率. The current prime index is 8.50%. Minimum interest rate is 3%. Maximum interest rate is 17%.
4 可能会根据目前的评估价值、信誉和现有的财产留置权而有所不同.
5 Rate and payments are based on Prime plus a margin. Changes to Prime will result in changes to the rate and payment.
6 最低信用额度为1万美元，最高为50万美元. Patelco Credit Union将按惯例支付最高250美元的结算费用,000 (excludes ADU Home Equity Line of Credit). If your Account is opened under the “No Closing Cost” loan program, 不收取贷款费用，也不收取惯例成交费用，包括:用于确定物业价值的自动估值模型(AVM), Lender”s title insurance, courier, points, wire fees, notary, escrow fee, recording of Patelco documents, flood certification, credit report, loan origination, or tax service. 如果所述服务是通过我们首选的服务提供商进行的，则Patelco Credit Union将仅支付这些列出的费用. If conditions for the “No Closing Cost” program are not met, including the use of service providers associated with the program, 那么，您将负责任何相关的成交费用，而这些费用将不会由Patelco Credit Union支付. The “No Closing Cost” program does not include extraordinary items, 包括但不限于以下内容:住宅房地产估价, additional credit reports for the same loan transaction, grant deeds and any associated notary or recording fees, missed appraisal appointments or “trip charges”, solar lift or termination, and any fees to close another account as the result of this Account. Borrower is responsible for closing costs over $250,000. Closing costs range from $0 to $2,500. This offer does not include escrow or recording fees, or additional notary fees that may result from changes in title, vesting or notary appointments.
7 Patelco运行一个“软”信贷拉动来确定你符合资格预审的条件. This doesn’t affect your credit score. If you choose to proceed with a loan application, Patelco将要求您从一个或多个信用报告机构获得完整的信用报告. This will be a “hard” pull and may affect your credit. If necessary, we may also share certain information about you with third parties, like our insurers, to process your request.
Read the HELOC Program Disclosure.
Read the ADU HELOC Program Disclosure.
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