Fixed 2nd Mortgage vs. HELOC - Yolo Federal Credit Union Skip to main content
×
cover-art

Yolo FCU Mobile

Finance

Free - On the App Store

×
cover-art

Yolo FCU Mobile

Finance

Free - On the App Store

So, you need some extra cash to start a home remodel, or to pay off debt, or for another reason, and now you’re unsure which loan option would be better for you: a Fixed 2nd Mortgage or a Home Equity Line of Credit (HELOC). Which do you choose?

Before you make your decision, it’s essential to know the difference between the two loan types. Check out the diagram below to compare a Fixed 2nd Mortgage versus a HELOC.

fixed-2nd-mortgage-vs-heloc

No matter your choice, you can count on Yolo County’s #1 Best Credit Union to see you through. Schedule an appointment with a local representative to get started.

Holiday Closure

In observance of Presidents Day, our branches will be closed Monday, February 19, 2024. For your convenience, ATMs, the Access Line, and Online Banking platforms will all be available. Branches will reopen on Tuesday, February 20, 2024, at 10 AM.

Contact Us