Notice: We are currently experiencing intermittent connectivity issues.  Online Banking and Mobile Banking are currently unavailable. Thank you for your patience as we work diligently to resolve this issue.
Notice: Campbell Branch is currently closed due to building maintenance. We apologize for the inconvenience and appreciate your understanding.
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Notice: Our Gilroy branch is currently experiencing intermittent connectivity issues. Thank you for your patience as we work diligently to resolve this issue.
System Maintenance: On Thursday, February 15th, we’ll be performing a scheduled maintenance starting at 10 p.m. PST and ending at 2 a.m. PST on Friday, February 16th. During this time, Phone Banking will not be available. Thank you for your patience as we update our systems to better serve you.
We’re experiencing technical difficulties with our phone system. We apologize for the inconvenience.
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ALERT: DON'T BE MISLED. 
County Federal will never call, email or text you to ask for information. Questions? Dial us directly at 800-282-6212 - we’re happy to help.
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All County Federal offices and branches will be closed on May 27th, in observance of Memorial Day.
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Are you impacted by the severe weather? Contact us today to apply for our Emergency Relief Loan.

Is a Home Equity Loan Right for You?

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Is a Home Equity Loan Right for You?


Is your home worth more than what you owe on it? Have you been thinking about taking out a loan for an upcoming expense, such as a kitchen remodel or even a child's college expenses? If so, then you may want to consider a home equity loan as a viable option for borrowing the money you need at a surprisingly low interest rate. At Santa Clara County Federal Credit Union, we're proud to offer home equity loans at low fixed rates.

What You Need to Know About Home Equity Loans


Essentially, a home equity loan works by allowing you to borrow against your home's current value in the form of a second mortgage. For homeowners with substantial equity in their home, this allows them to borrow large sums of money that can be used for just about any purpose. Because your loan is secured by an asset (your home), many applicants are able to get approved for much lower interest rates than they would with an unsecured loan.

What Are the Next Steps?


If you're interested in taking out a home equity loan, it's important to find a lender you can trust. Santa Clara County Federal Credit Union has been proudly serving borrowers in the surrounding communities and their home loan needs for more than 65 years. We also have knowledgeable Real Estate Specialists ready to assist you in determining how much you'll be able to borrow based on your home's equity and what type of repayment schedule you can expect.

Ready to get started or want to find out more? Contact our team today; we'd be happy to help!

NCUA
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.
Equal Housing Lender
Certified - CDFI - US Department of the Treasury
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