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Quiz

What kind of real estate loan is right for you?

  • What do you want to do?
    • I’d like to make some improvements to my home.
    • I’d like to buy a home.
      • Congratulations! Do you already know where?
        • Yes, I’m ready to buy!
        • No, I’m just starting my search.
          • Check out our HomeAdvantage program, which can help you save big on closing costs and shows you all the home on the market.
    • I want to lower my home loan payment somehow. It’s way too expensive!
      • Sounds like you need to refinance. We’ve helped many people lower both their monthly payments and their overall interest rate. You may even be eligible to remove your Private Mortgage Insurance (PMI) which can also help lower your monthly payments.

What Is It?

Home Equity Line of Credit (HELOC) from Yolo Federal

You don’t need to be a yogi to get more flexibility. A HELOC (Home Equity Line of Credit) gives you access to cash as you need it, instead dumping a lump sum on you. That way, you can make home improvement purchases when you need to without overspending.

Why Yolo Federal

Make Yolo your home improvement partner

  • Fast and easy online application
  • Customized loan packages that fit your budget
  • Competitive rates

Rates & Fees

Owner-Occupied Home Equity Lines of Credit (HELOC)

Loan Index 4.25%
Margin (-0.50%) to (+1.00%)
Annual Percentage Rate* 4.00% - 5.25%
(Fixed for the first 6 months)
Maximum Amount Financed $500,000
Purchase/Refinance Loan-to-Value 80%/80%
Maximum Maturity 25 years
Annual Fee $50.00
(Waived for the first year)

Non-Owner Occupied Home Equity Lines of Credit (HELOC)

Loan Index 4.25%
Margin (+2.00%) to (+3.00%)
Annual Percentage Rate* 6.25% - 7.25%
(Fixed for the first 6 months)
Maximum Amount Financed $500,000
Purchase/Refinance Loan-to-Value Up to 70%
Maximum Maturity 25 years
Annual Fee $50.00
(Waived for the first year)

Effective Date: December 1, 2017. The APR is accurate as of the effective date. Improved property must be within 100 miles of Yolo County. Property must be a Single Family-Owner Occupied Residence in an incorporated area and not listed for sale only.

*The Annual Percentage Rate (A.P.R.) on all variable rate advances may be adjusted on the 1st day of each month. The A.P.R is based on the value of an index. The index is defined as the Prime Rate as of the first of each month. Rate will be fixed for the first 6 months. Information about this index is regularly published in the Money Rates table of the Wall Street Journal. When a range of rates is published, the highest rate will be selected. To determine the A.P.R that will apply to your line of credit, we add a margin to the value of the index. The A.P.R. will not exceed the rate permitted under the Federal Credit Union Act nor will it be lower than a floor of 4.00%. If this index or the source ceases to exist, the Credit Union will use a similar or substitute index. Some restrictions apply. Rates shown may not apply to every borrower, and the higher rates may be charged to other borrowers depending on their credit qualifications. A member's creditworthiness will determine the maximum amount financed, and the category of rate for which the member qualifies. A member's creditworthiness will be based, for example, on factors such as dept to income ratios, credit history, employment, etc.

All 3rd party fees are waived. If line-of-credit is paid off and closed within 24 months, all 3rd party fees must be repaid to Yolo FCU. Property Insurance is required and flood insurance will be required if property is located in a flood zone. No rate is guaranteed. Rates, terms and other conditions are subject to change without notice. Certain restrictions may apply. The above rates are for informational purposes only.