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What's New

Current Events from Inside LAFCU

Read the recent edition of our Inside LAFCU member newsletter.

LAFCU NEWSLETTER


Release Your Equity at 1.85% APR*

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!

APPLY OR REFI A HELOC

* 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.


Accepting 2021 Student Scholarship Entries

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.

APPLY FOR STUDENT SCHOLARSHIP