Rates as of 7/01/2025
Home Equity Line Of Credit For Primary Residences
| LTV** Limit | Index (Prime Rate) | Margin | Maximum APR* | Current APR* |
|---|---|---|---|---|
| 80% | 7.50% | 0.00% | 15% | 7.50% |
| 90% | 7.50% | 1.25% | 15% | Product Currently Unavailable |
| *APR = Annual Percentage Rate **LTV = Loan-to-value |
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Home Equity Line Of Credit For Non-Owner-Occupied Residences
| LTV** Limit | Index (Prime Rate) | Margin | Maximum APR* | Current APR* |
|---|---|---|---|---|
| 75% | 7.50% | 0.25% | 15% | 7.75% |
| *APR = Annual Percentage Rate **LTV = Loan-to-value |
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Get your home in shape with a Home Equity Line of Credit from SRI Federal Credit Union
ZERO points, ZERO annual fees, ZERO closing costs
and a low variable rate of prime.
- Borrow up to 80% of the combined loan-to-value (CLTV)
- Minimum limit $100,000
- Maximum limit $500,000
- Variable-rate changes monthly based on prime rate as published in the Wall Street Journal 10 days before month-end. Floor 3.25% APR for 80% LTV.
- Principal and interest payments amortized over 15 years, with a 5 year draw period and 20-year term
- Easy access to funds as needed online or with checks
- If you are in the last year of the draw period, contact us for a free HELOC review. You may qualify to have the draw period extended another five years!
- HELOCs closed within 24 months require repayment of all fees. These fees will be prorated.
- For Non-Owner Occupied HELOCs, applicants will be responsible for all appraisal costs.
How to apply
- HELOC Application (PDF) - Print out, fill out, sign, and submit.
- Required Document Check List (PDF) - Print out, and include with submission of HELOC application.
- HELOC Occupancy Statement (PDF) - For owner-occupied properties print out, sign, and include with submission of HELOC application.
- HELOC Loan Purpose Statement (PDF) - For non-owner occupied properties print out, sign, and include with submission of HELOC application.
- HELOC Early Disclosure (PDF) - Review and keep for your own records.
- Consumer Financial Protection Bureau: Find a Housing Counselor -Fill out and keep for your own records.
- What you should know about Home Equity Lines of Credit (PDF) - Review and keep for your own records.
- California Holden Act Fair Lending Notice (PDF) - Review and keep for your own records.
- Email lending@srifcu.org to request a secured link for the upload of your completed HELOC application.
Consumer Access to the Nationwide Mortgage Licensing System & Registry (NMLS) The National Mortgage License Institution Number for SRI Federal Credit Union is: 466005 - This is only for reference.
If you would like to talk to a Loan Officer please call 650-859-5477.
Are you an SRIFCU member?
If you’re not already a member, please complete and submit our New Membership Application before applying for your HELOC.
HELOC Draw Period Extension Request
If your HELOC is coming to the end of its draw period and you would like to extend it for another five years we've got a no fee solution.
