What is a good typical HELOC rate if you have good crdit? We are in No CA

Prime-.5%

However, a lot of HELOCs have a floor at 3.25% or 3.5%

I am in norther CA also and a good rate for a heloc is typically prime + .500 to .750%, The prime rate is currently at 3.25% now so that means that 3.75% to 4.00% is a good rate right now. I don't do HELOC's but I do everything else and I am happy to guide you as I guide all of my clients. I even made a video and you can see it here: http://hbruhner.lenderama.com/blog/ have a great day and call me at 415.843.0142 if you like.

Since every lender who offers HELOC's will have their own rules and rates, and most will vary the terms based on several factors.. Loan to value, loan amount, credit score, etc.. so the only way to know for sure is to call around to your local banks and ask for a quote based on your specific loan scenario.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

When you shop for a HELOC, I think it is a good idea to try and find a lender that has a HELOC that is fixed for a number of years. In Colorado we have a bank that offers 4.25% fixed for 5 years. You will start to see Prime go up over the next year as the Fed choses to raise the Fed Funds Rate. Be careful of choosing just the lowest rate

An open ended HELOC will be Prime (3.25%) + a margin. The margin will depend on your credit score and loan to value. The better the credit score and lower the loan to value,the lower the margin will be. A closed ended HELOC will usually be a fixed rate that will not adjust. Would be best to call a few different local banks and credit unions to see what they offer. Best wishes, Sean