Best Banks for HELOC San Diego?

[James Passemato]

Hi everyone! I'm looking into taking out a HELOC on our owner-occupied SF home to use for future deals! I've done some research on local banks that offer HELOCs in San Diego and seems like the best options may be either Mission Fed, SDCCU, or US Bank:

https://www.missionfed.com/Home-Equity-Line-of-Credit

https://www.sdccu.com/CURates/EquityLineandLoanRates.pdf

https://www.usbank.com/home-loans/home-equity/home-equity-line-of-credit.html

Does anyone have any advise on which option to proceed with (either based on numbers or personal experience in SD) or another local option that I'm missing? Also this is my first HELOC, so any insight into the best way to compare the options beyond the obvious interest rates offered would be appreciated!

[Thom MacFarlane]

San Diego County Credit Union. Cal Coast CU.

Credit union are our best sources since they generally have -0- to nominal costs to open depending on how large of credit line you'd want.  Banks are too "big box"  to be a source and mortgage brokers receive little to nothing in  compensation for originating  HELOCS. Thus locally I send all HELOCS to these two sources.