Home Equity Line of Credit

*APR = Annual Percentage Rate. Rates shown are effective 3/1/19, and may change at any time without notice. Rates shown are the lowest possible and are based on FICO/Credit Score and other factors. No-cost promotion on home equity loans and home equity lines of credit is valid from 3/1/19 to 4/30/19. Applications must be received by 4/30/19 to qualify for no-cost promotion. To qualify for the no-cost promotion, a minimum $25,000 must be funded for a Home Equity Loan or minimum $25,000 advance at time of funding for a HELOC. New money only - No home equity loans or home equity lines of credit or other loans currently financed at DFCU are eligible for the no-cost promotion. This will be a "No Fee" program, subject to standard Downey Federal Credit Union (DFCU) credit approval. All normal loan underwriting fees (flood certification, appraisal fees, settlement/closing) will be waived for all new Home Equity Loans and HELOC requests that meet the criteria. Offer may be discontinued without notice. DFCU does business in accordance with the Federal Fair Housing Law and Equal Credit Opportunity Act and deposits are Federally Insured by NCUA. Membership in good standing is required in order to be approved for this loan promotion. Additional restrictions apply. Please contact a DFCU Loan Representative, give us a call or visit our branch for complete promotional details, qualifying criteria, disclosures, and other rates and terms.
¹Please consult with your tax advisor for tax deductibility of interest.