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The debt-to-income (DTI) ratio is a number that can help lenders determine how risky of a borrower you might be. View the full details at CU SoCal.
/Learn/Financial-Guidance/Blog/What-is-the-debt-to-income-DTI-ratio
HELOC Pros and Cons - Advantages & Disadvantages of HELOCs | CU SoCal
/Learn/Financial-Guidance/Blog/pros-and-cons-of-opening-a-heloc
Getting a HELOC is fast and easy so long as you meet the necessary eligibility requirements. Visit CU SoCal to learn more about the application process.
/Learn/Financial-Guidance/Blog/how-hard-is-it-to-get-a-HELOC
Want to know how much house you can afford? Try CU SoCal's mortgage qualifier calculator to see how much you can afford to spend on your new home.
/Learn/Financial-Guidance/Blog/how-much-house-can-i-afford
When it comes to taking equity out of a home, there are several options. Learn about HELOCs, home equity loans, and cash-out refinances at CU SoCal.
/Learn/Financial-Guidance/Blog/how-to-get-equity-out-of-your-home
There are no limits on the number of times you can use a VA loan, so long as you meet the eligibility requirements. View the full details at CU SoCal.
/Learn/Financial-Guidance/Blog/how-many-times-can-you-use-a-va-loan
For qualified borrowers, FHA home loans only require a down payment of 3.5%. Learn more about the down payment requirements of FHA loans at CU SoCal.
/Learn/Financial-Guidance/Blog/fha-loan-down-payment-requirement
HELOCs are a great way to pay for home improvements, and what's more, the interest on a HELOC is tax deductible. View the full details at CU SoCal.
/Learn/Financial-Guidance/Blog/heloc-for-home-improvements
The best time to take equity out of your home depends on several important factors. CU SoCal explains when it makes sense to take equity out of your home.
/Learn/Financial-Guidance/Blog/best-time-to-take-equity-out-of-home
Cash-out refis help homeowners obtain large, lump sum cash payments, but they aren't always the best option for raising money. CU SoCal explains why here.
/Learn/Financial-Guidance/Blog/cash-out-refinance-pros-and-cons
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Credit Union of Southern California (CU SoCal) is a leading financial institution empowering those who live, work, worship, or attend school in Orange County, Los Angeles County, Riverside County, and San Bernardino County to reach their goals and build strong financial futures. CU SoCal provides access to convenient money management services and offers competitive rates and flexible terms on auto loans, mortgages, and VISA credit cards—turning wishing and waiting into achieving and doing.

 

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