This is a line of credit secured by the equity in your home. It is an excellent plan when you simply want money to be there in case you need it. For example, if you want new furniture, a new car, to add a room, or anything else you can think of, all you have to do is write a check. That's it. You pay no interest until you use the money in your line. Plus, since this is a revolving line of credit, as you pay back what you borrow, the money is yours to use over and over again. Interest on this type of loan may be tax deductible. Check with your tax advisor. California residents only.
Call (626) 293-3134 from Monday to Friday, 8:30 a.m. to 5:15 p.m. and a friendly loan officer will assist you right over the phone.
Far East National Bank is a direct home loan lender headquartered in Los Angeles, California. We have bright, knowledgeable and experienced staff who are anxious to serve you. Far East National Bank is federally chartered and our deposit money is insured by the Federal Deposit Insurance Corporation (FDIC). We have helped our customers achieve their financial goals for over four decades by giving old-fashioned service with state of the art technology.
Check our current HELOC rates and disclosures.