Finance it with your home equity line of credit (HELOC)

Golden 1 Credit Union is not part of any government agency, nor do we represent or have the endorsement of HUD, FHA, the U.S. Government, or any federal, state, or local government agency. 

All loans subject to approval. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, qualifications, and property conditions. 

¹ The Golden 1 Home Equity Line of Credit (HELOC) is limited to a one- to four-family owner-occupied units, vacation properties, and investment properties located in the state of California. Excludes mobile homes. Before your equity line of credit is funded, all loans secured by your home other than your first mortgage must be paid off. Contact the Credit Union for terms and conditions for refinancing an existing Golden 1 equity loan or line. Other programs are available. Your HELOC application is subject to property valuation. Your maximum loan amount will be calculated using the combined loan-to-value (CLTV) of your existing first mortgage principal balance and new second mortgage according to current guidelines. All programs and maximum CLTVs are subject to change or termination without notice. This is a variable-rate line of credit. The monthly periodic rate and APR (Annual Percentage Rate) may vary. Changes in the APR will be based upon changes in the Prime Rate and may be adjusted monthly. The maximum APR that can apply is 18% and the minimum is 4%. There is currently no annual fee for your participation in the credit plan under the HELOC Agreement. There are no other fees to open, use, or maintain this account except third-party fees, such as property insurance, as required in the HELOC Agreement. Property insurance is required. Flood insurance may be required. A $500 Early Termination Fee will be assessed if the line of credit is paid in full and closed within three (3) years from the date of opening.

² If you choose to convert any portion of your balance to a fixed rate using the fixed rate conversion option, your fixed-rate APR will be effective the next business day following the processing of this request. Exercise of the fixed-rate conversion may increase or decrease your rate. Ask for current interest rates before exercising the fixed-rate conversion option. A maximum of five fixed-rate loan conversions are allowed at any one time, and only during the draw period for the line of credit. A minimum of $5,000 can be converted each time.