A fixed rate 2nd Mortgage loan is ideal for when you know exactly how much you want to borrow. You will receive your funds in a lump sum, with the convenience of a low, fixed rate and fixed payment amount. Borrow up to 75% of your home’s value, less any first mortgage balance.
Primary residence must be located in California
Easy and speedy application process
Fixed rate
Terms up to 180 months
Maximum loan amount of $300,000 for higher amounts please contact us at loans@kaipermcu.org
Calculate Home Equity Line and HELOC Loan Payment
Monthly Payment
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Semi-monthly: $ | Bi-weekly: $
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Today’s rates Fixed Rate 2nd Mortgages Loans
Rate Effective Date: May 1, 2025
Term
Rate APR*
5 years
7.24%
10 years
7.49%
15 years
7.99%
* APR – Annual Percentage Rate is subject to change and may vary depending on evaluation of credit history, so your rate may differ.
Ready to apply for a loan? Here’s what you’ll need:
A Home Equity Line of Credit allows you to leverage the equity of your home for a wide variety of reasons, from home renovations to college tuition and more. Borrow up to 75% of your home’s value, less any first mortgage balance. You can continually borrow money from your HELOC, and draw on the available funds as you need them during your ten year draw period.
Easy and speedy application process
Variable rate
Primary residence must be located in California
Maximum loan amount of $300,000 or up to 75% CLTV Combined Loan to Value (whichever is less) for higher amounts please contact us at loans@kaipermcu.org
When you work with our highly trained mortgage partners and personnel, you’re benefiting from all of their years of experience to find the right loan and to make the process easier than ever. The better you understand the home buying process, the more confident you will be in making the important decisions that will shape your home ownership experience. Our partners at CU Lending (NMLS# 737327) will be able to help you move into your new home or refinance your existing property quicker and easier than any other lender.
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