Tony and Lisa, SF Natives.
Putting them first since 1991.
HOME EQUITY LINES OF CREDIT

Use the value of your home today

If you need extra cash, a home equity line of credit could be the answer.

Why SF Fire?

Zero
Possible
Tax-Deductible
Low

You've worked hard making your house a home. Now let it work for you. Tap into the equity you've built to pay for home repairs, pay off high-interest debt, or anything else you might need. A home equity line of credit is a revolving line of credit, so you can use it like a credit card, when and if you need it.

 

Home Equity Lines of Credit

Term

HELOC (prime)

APR*Loan-to-Value (LTV)
3.25%<80%
Term

HELOC (prime + 1%)

APR*Loan-to-Value (LTV)
4.25%80-85%
Term

HELOC** (prime + 1%)
First Mortgage/
HELOC Combination

First Mortgage/HELOC Combination
APR*Loan-to-Value (LTV)
4.25%80-90%

APR is Annual Percentage Rate. The variable rate APR on home equity lines of credit may vary quarterly based on the latest U.S. Prime Rate as published in the Wall Street Journal as of the first business day of the month prior to change plus an as-low-as margin of 0% APR or 3.25% (The Prime Rate as of Mar. 20, 2020) APR whichever is greater for those account holders whose total mortgage loans, including your SF Fire Credit Union Home Equity Line of Credit, do not exceed 80% of the value of your 1-4 family owner-occupied primary residential property in CA. The variable rate APR for account holders whose total mortgage loans, including your SF Fire Credit Union Home Equity Line of Credit that are greater than 80% but do not exceed 90% of the value of your 1-4 family owner-occupied primary residential property in CA will be as-low-as margin of 1% APR or 4.25% APR whichever is greater.

The Minimum Home Equity Credit Line is $20,000. A $250 Application Fee will be assessed at the time of closing. An appraisal fee will be assessed on credit requests of $250,000 or more. There is no annual fee. Borrower agrees to reimburse the credit union with a $300 early termination fee is the account is closed within 2 years. Borrower must pay mortgage satisfaction fees at loan termination. Property insurance is required and flood insurance may be required. Rates and terms are subject to change. This offer is subject to credit approval.

SF Fire Credit Union reserves the right to approve or decline member credit applications based on the following conditions: Member must be the owner or primary residential real estate property located in CA in which you live, member and co-applicant must have a verifiable income and must meet our standard credit items and policies.

Offer applies to owner-occupied 1-4 family primary residencies. Purchase money mortgage loans and loans secured by mobile homes do not qualify for this offer. SF Fire Credit Union must be in a first lien position, or in a second position behind no more than on other lender in connection with its home equity line or loan on the borrower’s primary residential real estate property. The combined loan to value ratio for all loans on such property may not exceed 90%.
Member must be at least 18 years of age. This invitation to apply offer is for a home equity line of credit with a limit up to $250,000. Higher line amounts are available to those members who meet our established credit standards. The maximum amount we can lend you depends on the value of your home, your income, amount of debt, and credit history.

Please consult a tax advisor about your specific tax situation.

**First Mortgage/HELOC Combination – Purchase money HELOC to be used in conjunction with an 80% LTV first mortgage for the purchase of one- to four-family owner-occupied units or a second home. Maximum HELOC amount is $100,000. The down payment must be from the borrowers own funds and the purchase money HELO is funded concurrently with the purchase money first mortgage. Terms and conditions are subject to change. Income restrictions and additional conditions may apply.

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Let's Talk

As a local credit union, we measure our success one member at a time. We want to get to know you and help you achieve your goals. Come into a branch or call us today. Our people are happy to serve you.

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(415) 674-4800
(888) 499-FIRE (3473)
Mon – Sat 7:00 AM – 8:00 PM*

*Please note that 'After Hours Phone Support' is available outside of regular Contact Center Hours.

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