For home improvements, consolidating debt or whatever you need.

You’ve worked hard to build equity in your home. Patelco can help you to harness the power of that equity to consolidate high-interest debt, make home improvements, ease back-to-school expenses or help pay college tuition.

Interest rates are the lowest they’ve been since 2016. Don’t wait to take advantage of this special offer that could put more cash in your pocket! Getting a Home Equity Line of Credit from Patelco could be one of the smartest moves you make. Here’s why:

  • Limited-time introductory rate as low as 3.49% APR*
  • All closing costs are PAID on lines up to $250,000¹
  • There are no early closure fees and NO annual fee

Time is of the essence. This special offer will be gone before you know it. Get the financial freedom you need right now to improve your cash flow and make managing your life easier. Applying is easy – you’re pre-qualified!²


*The Introductory APR (annual percentage rate) of Prime (5.00%) minus 1.51% and other terms as shown are accurate as of October 1, 2019 and apply to a HELOC for the most qualified applicant at CLTV up to 80% on applications. 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. The minimum periodic payment is interest-only for the first ten years (“draw period”) followed by fully-amortizing payments to repay the balance over the final fifteen years. No draws will be allowed during the repayment period. Payments and rate can adjust monthly. Payments will increase if rates increase. The rate is calculated using an index plus a margin. The index used is the Prime Rate as published in The Wall Street Journal Western Edition on the last business day of the month prior to the change. The current Prime is 5.00%. Maximum interest rate is 17%.The variable Introductory APR is based upon The Wall Street Journal Prime Rate (“Prime”). Prime may change at any time and is subject to change without notice. If Prime increases or decreases during the Introductory Period, the variable Introductory APR and minimum required payment will correspondingly change. The Introductory Period begins on the date of account opening and lasts for the first six (6) billing cycles. After the Introductory Period ends, any and all remaining balances will automatically convert to the variable APR, and minimum required payment per the terms of the HELOC agreement. The variable APR is based on Prime plus a margin, and will vary with Prime.

¹ The minimum credit line amount is $10,000 and the maximum is $500,000. Patelco Credit Union will pay customary closing costs on lines up to $250,000 in second lien position. Borrower is responsible for closing costs on lines in first lien position. Closing costs range from $0 to $2,500. This offer does not include escrow or recording fees that may result from changes in title or vesting. Visit for additional details.

² We used information on you that we obtained from a consumer reporting agency in connection with this “Pre-qualified” offer. You were selected to receive this offer because you satisfied certain criteria for creditworthiness which we previously established. The offered credit may not be extended if, after you respond to this offer, we determine that you do not meet the criteria used to select you for this offer or any other applicable criteria bearing on creditworthiness, or if you do not provide the required collateral. This offer may also be withdrawn if the credit line together with any other mortgages exceed 80% of the property value of 1-4 family, owner-occupied properties used as collateral. Not all applicants will qualify for the lowest rate.

Terms, rates and fees are subject to change, without notice. Some restrictions may apply.

NMLS ID # 506373

Your home loan consultant is here to help.