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Home Equity Line of Credit:
NO Points + NO Application Fees

If you have equity in your home, you can take advantage of one of the best Home Equity Line of Credit offers available and secure a low-cost source of funds. Here's how it works:

  • Open a new HELOC and enjoy a rate as low as 3.50% APR* (7 year fixed/25 year term)
  • Pay NO closing costs!

A Nikkei HELOC Delivers Fewer Fees and Flexible Borrowing Over Time

  • Rate is pegged to the Prime Rate
  • Borrow up to 60% of your home's appraised value
  • Pay NO application fee
  • Pay NO points, closing costs or prepayment penalties
  • Enjoy possible tax advantages (consult your tax advisor)
  • Get easy access to funds—online or phone transfer, check or in person

Apply for your HELOC online, in person or give us a call at (310) 324-1544. Hurry, this offer ends January 31, 2015 or when funding reaches $2 million, whichever comes first!

*APR=Annual Percentage Rate. Other rates available based on lower credit scores. All fees will be paid by the credit union for loans under $100,000. As of 11/24/14, the current HELOC regular rate is 3.50% APR (Prime Rate; based on 740+ FICO score and 60% combined loan-to-value). The regular variable rate adjusts to the Prime Rate (as listed in the Wall Street Journal, currently 3.25%). APR will never increase above 21.00%. Promotional rates do not apply to existing Nikkei HELOC loans. Minimum balance of $10,000 is required at opening. An early termination fee of $600 will be assessed if the HELOC is closed prior to the second anniversary from the loan opening date (12 months). This offer is subject to other restrictions, terms and conditions. Call our office for more information.

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