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DCU Routing Number: 211391825

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Home Equity Loans

Use your home’s equity to fund life's major purchases or home improvements

Fixed-Rate Home Equity Loan Rates

The advertised rates are the lowest available rates. They are for residences with a combined loan-to-value (CLTV) of up to 60% of the home’s market value and for loans in 2nd lien position only.

Terms Terms Rate Rate APR² APR² EMP¹ per $1,000 EMP¹ per $1,000
Up to 5 Years 3.990% 4.36% $18.41
Up to 10 Years 4.240% 4.43% $10.24
Up to 15 Years 4.490% 4.63% $7.64
Up to 20 Years 4.740% 4.85% $6.46
Terms Terms Rate Rate APR² APR² EMP¹ per $1,000 EMP¹ per $1,000
Up to 5 Years 3.990% 4.36% $18.41
Up to 10 Years 4.240% 4.43% $10.24
Up to 15 Years 4.490% 4.63% $7.64
Up to 20 Years 4.740% 4.85% $6.46

¹EMP = Estimated Monthly Payment is for principal and interest per $1,000 borrowed. Payment examples do not include taxes or insurance premiums, payment obligation will be higher.

²APR = Annual Percentage Rates are subject to change any time. Rates are determined by creditworthiness, loan-to value (LTV), occupancy status, property type and loan purpose, so your rate could be higher. Property and flood insurance (where applicable) may be required for the life of the loan. All loans are subject to approval, other conditions may apply. 

Rates are effective {currentdate}.

Fixed-Rate Home Equity Loan Rates

The advertised rates are the lowest available rates. They are for MA or NH primary residences with a combined loan-to-value (CLTV) of up to 90% of the home’s market value and for loans in 2nd lien position only.

Terms Terms Rate Rate APR² APR² EMP¹ per $1,000 EMP¹ per $1,000
Up to 5 Years 4.490% 5.12% $18.64
Up to 10 Years 4.740% 5.07% $10.48
Up to 15 Years 4.990% 5.22% $7.90
Up to 20 Years 5.240% 5.42% $6.73
Terms Terms Rate Rate APR² APR² EMP¹ per $1,000 EMP¹ per $1,000
Up to 5 Years 4.490% 5.12% $18.64
Up to 10 Years 4.740% 5.07% $10.48
Up to 15 Years 4.990% 5.22% $7.90
Up to 20 Years 5.240% 5.42% $6.73

¹EMP = Estimated Monthly Payment is for principal and interest per $1,000 borrowed. Payment examples do not include taxes or insurance premiums, payment obligation will be higher.

²APR = Annual Percentage Rates are subject to change any time. Rates are determined by creditworthiness, loan-to value (LTV), occupancy status, property type and loan purpose, so your rate could be higher. Property and flood insurance (where applicable) may be required for the life of the loan. All loans are subject to approval, other conditions may apply. 

Rates are effective {currentdate}.

Home Equity Line of Credit

  • No prepayment penalties
  • DCU service for the life of the loan – We’ll service your loan as long as you have it. No need to worry about making payments to a different lender.
  • Online access – Manage your account through Digital Banking from anywhere.
  • Minimum required advance - $500 minimum initial draw amount.
  • Fixed-rate option available – Offering the option to lock in at a fixed rate on up to two advanced portions of your loan at a time, minimum advance to lock is $5,000.00.
  • Overdraft protection - Also, can be used as overdraft protection on your DCU Checking Account.
  • DCU’s HELOC is not available in CT, NC, TX, WI & WV.

HOME EQUITY LINE OF CREDIT LOANS

As low as
4.50% APR¹

The power of your home's equity and the flexibility of a line of credit.

GET STARTED
MAX. CLTV FOR RATE SHOWN
60% of your home's market value

Home Equity Line of Credit (HELOC) Rate

Rate Index and Margin Rate Index and Margin APR¹ APR¹
As low as Prime -0.25% 4.50%
Rate Index and Margin Rate Index and Margin APR¹ APR¹
As low as Prime -0.25% 4.50%

Rates are effective {currentdate}.

¹APR = Annual Percentage Rate is variable, tied to the Wall Street Journal Prime Rate, the index, (currently 4.75% as of June 16, 2022) plus or minus a margin, and can change monthly. There is a minimum rate of 3.00% APR and a maximum rate of 18% APR. HELOCs have a 40-year term (20-year draw period with interest only payments followed by 20-year repayment period with principal and interest payments). Advertised rate uses a margin of -0.25% and is based on a set of loan assumptions (a credit score of 740 or higher, CLTV of 60% or less, single-family owner-occupied residence, is second lien position). To open a line of credit you must pay the following fee to us prior to closing; a $300 Application Fee, you may also have to pay certain fees to third parties at closing, unless otherwise noted, these fees generally total between $0 and $3,500.00. If you ask, we will give you an itemization of the fees you may have to pay to third parties. Property and flood insurance (where applicable) may be required for the life of the loan. All loans are subject to approval, other conditions may apply.

Please refer to DCU's Early Federal Disclosure for more information on Home Equity rates, including historical rate examples. You may obtain this information by contacting DCU.

What Our Members Are Saying

Just what we needed

RATINGS 5 5 / 5 stars

The fact that DCU has the option to have a 90% LTV Home Equity Loan product game changer, and was the main deciding factor on choosing DCU. The service by all parties involved was fantastic. Highly recommend!

Michael – East Taunton, MA

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Amazing service

RATINGS 5 5 / 5 stars

So easy to apply. Questions were answered quickly and in their entirety. Every step was explained. We closed early. We would definitely recommend DCU to anyone!

Pinepup – Phoenix, AZ

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Great loan process & best rates

RATINGS 5 5 / 5 stars

DCU was a standout among all other lenders. The loan process was easy and fast, and they had the best rate by far. They also provided great support and were responsive throughout the process.

Chris – Louisville, KY

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