Home Equity Loans

Pay for the life events that matter most with access to home equity loans designed with you in mind.


Home Equity Loans

Rates As Low As




For a 7 Year Term



You’ve worked hard to build equity in your home. Now is the time to make significant lifestyle improvements by using it to your advantage. Finance the events and circumstances that matter most to you, investing in the milestones that make life worth living.

Home Improvement Expenses
High Interest Debt
Education Expenses
Wedding Expenses


Fixed-Rate Home Equity Loans

Offering steady monthly payments and fixed interest rates, a home equity loan from CommonWealth Central Credit Union promises to be one of your best investments to date.

Skip fees associated with yearly payments, processing, and early closure, and save more with a low 6.25% APR for seven-year terms.

Home equity loan features include:

  • 80% loan to value ratio (LTV) of your property’s equity
  • Loans ranging from $10,000 to $500,000
  • 7, 15, and 20-year payment terms
  • Lump-sum loan options
  • Potential interest tax deductions
  • Funding for large purchases, one-time expenses, or debt consolidation


Home Equity Loan Rates

Fund, finance, or financially support your next major purchase with a competitive home equity loan from CommonWealth Central Credit Union. Check out our rates to determine what’s best for you.

  7 years N/A 6.25% Up to $500,000
Fixed Rate Second Mortgage1 15 years N/A 6.99% Up to $500,000
  20 years N/A 7.49% Up to $500,000


How Can You Apply

We’ve Made Applying 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. Call (800) 564-1588 for additional information.

1Borrower is responsible for closing costs ranging from $450 to $1,500, including appraisal and escrow.

2All third-party fees associated with the loan at origination that were not collected at time of origination, will have to be reimbursed to the credit union if the line is closed within 24 months of the opening date.

3The APR is fixed and may be up to 5% higher based on credit rating. Fixed Rate Second Mortgage up to 80% CLTV with loan amounts of $10,000 - $500,000. There are no loan processing or early closure fees and no prepayment penalty.

Real Estate loans are available for owner-occupied properties in the state of California only. Membership in CommonWealth is required. Promotional HELOC offer is available for existing CommonWealth members and new members residing in the following counties in California: Santa Clara, San Benito, Alameda, Santa Cruz, Monterey, San Mateo and San Francisco.

Contact Us About Home Equity Loans

Contact Us
Preferred Method of Contact