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Reimagine your home with solar.
Home Equity Line of Credit
Rates As Low As
Together we make a pretty good team when it comes to your financial well-being. Our neighbors at Earth Electric Inc. also have your well-being in mind when it comes to adding solar and storage to your home.
Who is Earth Electric Inc.?
Earth Electric is a solid and local solar contractor founded in 2009. Their focus is on education so that you can choose solar and storage solutions that fit your personal needs and budget. They will be there to answer questions before, during and after installation. They will perform an onsite survey prior to finalizing the agreement to verify the quote, answer any final questions and ensure there are no surprises or hidden costs. It's all about neighborly customer service with Earth Electric and to prove it Earth Electric is offering CommonWealth members a neighborly discount of $250 - $500 on solar and storage for your home.1
Do you have more questions about Earth Electric Inc. and solar for your home?
Ready to get started with a quote?
Need financing? We're here to help.
Intro Rate Home Equity Line of Credit
CommonWealth Central Credit Union offers an introductory rate HELOC beginning at a fixed 1.99% APR* for your first 12 months, then remaining as low as 4.00% APR* for the months to follow.
Get outstanding rates, benefits, and more with this exciting offer, along with features that include:
- Borrowing up to 80% of your property equity
- Loans ranging from $10,000 to $500,000
- Draw periods of 10 years
- Repayment periods of 20 years
- Competitive rates and payment options
What other financing options does CommonWealth offer?
Check out our Fixed Home Equity Loan options.
Do I have to be a member of the credit union to take advantage of the offers?
Yes, membership with CommonWealth is required and membership is open to almost anyone. To join now or learn more click here.
Do I have to be a member before I apply for a HELOC?
No, you can apply before becoming a member. Once you accept the HELOC, you will need to join the membership.
How Can You Apply
We’ve Made Applying For a Home Equity Line of Credit Easier Than Ever
*APR = Annual Percentage Rate. The rate you receive will be based on certain creditworthiness. Please ask us for the rate for which you qualify. All rates are subject to approximate loan term limits and certain restrictions may apply. Rates are subject to change without notice. There are minimum loan amounts required for some loan terms. Contact us for minimum loan amounts by term, maximum loan amounts and loan-to-value requirements. Additional conditions apply. The initial rate for a Intro Rate Home Equity Line of Credit is a fixed rate not based on the index and margin used for subsequent rate adjustments. The initial rate of 1.99% is fixed for the first 12 months. After 12 months the APR can vary and is based on Prime Rate plus a margin of 0.00% to 5.00% based on credit rating. The APR is subject to change on the 10th of each month, based on changes to Prime Rate, the highest Prime Rate published in the Wall Street Journal "Money Rates" table on the 20th of the prior month. Minimum APR 4.00%, maximum APR 18%. Intro Rate Home Equity Line of Credit up to 80% CLTV with loan amounts of $10,000 - $500,000. During the draw period, you may withdraw (advance) funds up to your credit line limit and pay interest accrued on that balance monthly. After the draw period, you may not withdraw any more funds from the line. Your loan is then amortized and you begin to pay the principal and interest monthly. Offer not applicable on refinance of existing CommonWealth HELOCs. There are no loan processing or early closure fees and no prepayment penalty. Borrower is responsible for closing costs ranging from $450 to $1,500 including appraisal and escrow. Consult a tax advisor regarding the deductibility of interest. Call (800) 564-1588 for additional information.
1Earth Electric Inc. discount offer is for members only. Members will receive a discount of $500 off a standard solar system over 5 kilowatts or $250 for a system under 5 kilowatts. This offer is subject to cancellation at any time and without notice. For more details about this offer contact Earth Electric Inc.
Real Estate loans are available for owner-occupied properties in the state of California only.