Imagine the possibilities, then make it a reality.
Unlock your home’s equity and enjoy 4.99% APR* on a new Home Equity Plus Line of Credit.
From home improvement projects or a dream vacation to starting a new business or consolidating your debt—you imagine the possibilities, and we’ll help make it a reality with a Home Equity Plus Line of Credit (HELOC).
Unlock your home’s equity and enjoy a nine-month introductory rate* on a new HELOC.
Call, stop by or visit one of DuTrac’s 15 branch offices to speak with a financial services consultant.
The Home Equity Plus Line of Credit includes:
- A one-time application
- Access to your line of credit 24 hours a day, seven days a week
- A low, variable interest rate
- A 10-year draw period without re-qualifying
- Repayment terms up to 15 years
- Up to $250 in closing costs waived with automatic payment and direct deposit
Not a DuTrac member? Learn more about all the benefits of membership and open an account today.
*The introductory 4.99% APR (Annual Percentage Rate) is for a new Home Equity Line of Credit (HELOC) with DuTrac to credit qualified members with a 680 credit score or higher. Maximum 90% CLTV. (Combined loan-to-value = 90% of property valuations minus first mortgage balance). After the nine month 4.99% introductory APR, the rate is based on the 13-week U.S. Treasury Bill Index plus a margin based on credit score and combined CLTV (calculated as first mortgage balance plus HELOC limit divided by property value). Account holder’s rate is based on standard credit qualifications, with a non-discounted variable rate as low as 6.99% APR. Maximum rate of 18% APR. Introductory and Non-Introductory APR accurate as of October 1, 2024. HELOC account holder is required to be a member of DuTrac Community Credit Union by purchasing $5 in membership shares. Memberships shares are placed in a share savings account. Property insurance is required. Maximum HELOC term is 15 years. Property appraisal may be required with fees averaging an estimated $150-$450. Total closing costs may range from $0-$675. Finance charges will begin to accrue only after a draw on the new HELOC is taken by the account holder. No grace period applies. Not valid for existing HELOC or a refinanced HELOC currently at DuTrac. Not valid with any other offers. Offer may end at any time without notice.