A Home Equity Line of Credit is flexible and personalized to your needs, since you can use your loan when you want, where you want, and however you want. With our Prime – 1.00%* special, we’ll also waive your annual fee for the first year, saving you even more money.
There are no closing costs, appraisal costs, or application fees, and you may be able to take advantage of possible tax deductions** from the interest you pay.
What can a Home Equity Line of Credit do for you? Find out today!
Apply today online, give us a call, or visit one of our Wethersfield, Newington, Berlin, Bloomfield, West Hartford, Niantic, or Middletown, CT locations.
* Rate is a variable rate and is based on Prime. Your rate may vary monthly if the Prime Rate varies, but it will not exceed 18.00% APR. As of 6/15/2017, Prime Rate is 4.25% as published in the Wall Street Journal. $10,000 minimum loan amount. $350,000 maximum loan amount. No minimum advance for new money. A $25,000 minimum advance of new money is required for existing DPCU refinanced HELOC; all other DPCU loans do not qualify for refinance for this HELOC promotion. On 3/1/2018 rate reverts to Prime with a floor of 3.25%. 80% LTV required for 1-4 family homes, and 75% LTV required for condominiums. $35 annual fee will be waived for the first year, and will begin on the one year anniversary of the HELOC. Property insurance is required. Title insurance is required on loan amounts $100,000 and greater. Certain conditions and restrictions may apply. Cannot be combined with any other credit union promotions or discounts. Promotion expires 8/31/2017.
** Consult a tax advisor.