Your Investment Gives You Options······
Use the equity in your rental property for recurring expenses like upgrades, repairs, or cleaning — what you do with the money is up to you.
stay ready for your next move
Get up to
$50,000
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Only Pay for What You Use
Interest applies only to the amount you borrow — not your full credit limit!1
Member Perks
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✓10-Day Payment Grace Period: Extra time to manage your payments and less stress.
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✓Boost Your Benefits: Pair your line of credit with a Shield Elite Checking Account for even more rewards.
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✓Exclusive Financial Advantages: Access high-yield flexible certificates and enjoy lower borrowing rates.
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✓Personalized Member Support: To us, you’re not just a number—our team is here for you.
Frequently Asked Questions
What Can I Use a Rental Personal Line of Credit For?
Our Rental Personal Line of Credit can be used for various purposes: consolidating debt, financing home improvements, covering medical expenses, funding vacations, or managing major life events like weddings or moving.You have the freedom to use your funds however you would like!
Are there fees associated with a Rental Personal Line of Credit?
Some Lines of Credit come with fees: such as origination fees, late payment fees, or prepayment penalties. At DFCU, the only fee you can expect is with late payments. Late payment charge (more than 10 days late) consist of 20% of the interest due that month.Enjoy NO application or pre-payment penalties.
How long does it take to get approved for a Rental Personal Line of Credit?
Typically at DFCU, with this product, if you apply in the morning you will obtain a response the same day.3Disclosures
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Property must be non-owner occupied.
Payments can be made in branch, by phone, by mail, via online banking or direct deposit.
Rate based on FICO/credit score.
15-day grace period on payments. Late payment charge: 5% of payment amount.
No application fee.
No annual fee.
No pre-payment penalty.
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Please consult with a financial advisor regarding your specific situation. The statements provided are general guidelines.
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