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Feeling Taxed by Big Expenses?

Use a HELOC for Education Expense, to Consolidate Debt and More!

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 of just 1.99% APR* for the first 12 months
  • Pay NO closing costs!
  • After the first 12 months, the rate adjusts to the Prime Rate

A Nikkei HELOC Delivers Fewer Fees and Flexible Borrowing Over Time

  • Rate is pegged to the Prime Rate
  • Borrow up to 80% 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

Enjoy Affordable Monthly Payments

With Nikkei's incredible HELOC special, you can take a large sum or access smaller amounts as needed. You'll enjoy affordable payments like these:

Amount Borrowed First Year Monthly Payment at 1.99% APR*

Hurry, offer ends April 15, 2014!

Apply for your HELOC online, in person or give us a call at (310) 324-1544.

*APR=Annual Percentage Rate. Initial Promotional Rate of 1.99% APR for 12 months is available until April 30, 2014 for all new home equity loans (based on 730+ FICO score and 80% loan-to-value). Other rates available based on lower credit scores. Member pays closing costs up to $1,200 on loans exceeding $100,000. All fees will be paid by the credit union for loans under $100,000. As of 1/1/14, the current HELOC regular rate is 3.25% APR (Prime Rate; based on 700+ FICO score and 80% loan-to-value). At the end of the Initial Promotional Rate period, 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%. The Promotional Rate does not apply to existing Nikkei HELOC loans. Minimum advance of $10,000 is required at opening. Annual fee of $50 will be assessed, if the HELOC balance is less than $5,000 on the loan anniversary.. An early termination fee of $500 will be assessed if the HELOC is closed prior to the second anniversary from the loan opening date (24 months). This offer is subject to other restrictions, terms and conditions. Call our office for more information. Rates and terms accurate as of 4/1/14 and are subject to change without notice.

Member Cellular Discounts with Sprint