The Santa Cruz Community Credit Union is a home equity line of credit from Santa Cruz Community Credit Union. The annual fee is There is no annual fee or processing fee. The ongoing APR is Owner-occupied: Prime to Prime + 1.25%; non-owner-occupied: Prime + .25% to Prime + 1.50% after a Special introductory rate of 4.99% APR for six months available with a minimum draw of $25,000 (new money only) introductory rate. Loan terms: 20-year term with a 10-year draw period (borrowing) and a 10-year repayment period.