Read the recent edition of our Inside LAFCU member newsletter.
Open or refinance a HELOC and take advantage of our 1.85% APR* 6-month intro rate. Use funds for home remodeling, taxes, gifts, or any reason!
* APR = Annual Percentage Rate. The 1.85% APR is an introductory rate only for the first six months after a new or refinanced variable-rate Home Equity Line of Credit (HELOC) is opened at Los Angeles Federal Credit Union (LAFCU). The HELOC program is for single family, owner-occupied residences. Loan-to-value is up to 90% based on a LAFCU appraisal minus any liens. Minimum loan amount is $5,000. Other conditions may apply; some restrictions may apply. Offer and rates are subject to change without notice. All loans are subject to normal credit-granting criteria. Payment example: when making minimum payments and taking no other credit advances, it takes 140 months to pay-off a $10,000 credit advance at 6.0% APR with monthly payments of $100, and total interest paid of $4,000. If refinancing a current LAFCU HELOC, you must qualify for an additional $5,000 to your line of credit to qualify for the 1.85% APR on the entire line. You must be a LAFCU member to obtain credit.
We are now accepting entries for the 2021 Jack C. Mathews College Scholarship Competition. High school seniors and college students who will attend on-campus or virtual college in the fall of 2021 are eligible. Applicants must be LAFCU members and meet specific requirements. Entries must be postmarked or brought into a branch by April 30, 2021.