Home Equity Loans

The equity you've worked so hard to earn can be turned into flexible financing for any need. With our fixed- and variable-rate loan options, you can feel empowered to achieve your goals thanks to a loan that's tailored to your needs.

Every homeowner dreams of the day their mortgage will be paid off. Our Fast Track Home Equity Loan is designed to help you fast track your mortgage and own your home sooner, so that day you dream of can become a reality.

Paying off your home sooner than expected can assist you in gaining financial freedom. With a Fast Track Home Equity Loan, you can refinance your existing mortgage from another lender to Dutch Point for a shorter term and lower cost. You'll also save even more money thanks to our low application costs, which are significantly lower than closing costs on a mortgage refinance.

  • Available terms up to 12 years allow you to choose a payment that fits into your budget
  • Exceptionally low rates and low application fees save you money
  • Appealing tax deductions* on the interest you pay may be available

Our local, in-house home equity consultants provide you with quick loan decisions and easy access when you have questions. Plus, all of our home equity loans are retained at the credit union, meaning all of your servicing stays local. Feel confident knowing you have access to someone nearby you can trust who has your best interests in mind.

Apply for a home equity loan online, give us a call, or visit one of our WethersfieldNewingtonBerlinBloomfieldWest HartfordNiantic, or Middletown, CT locations.

* Consult a tax advisor.

 

APR - ANNUAL PERCENTAGE RATE. $50,000 minimum loan amount. $250,000 maximum loan amount. 75% maximum loan to value ratio. $300 application fee is non-refundable. No additional rate discounts apply. Dutch Point must be in first lien position. Loans will be made against your primary residence, 1-4 family homes located in the states of CT, MA and RI. Loans can be made against a second home, however additional conditions will apply. Property insurance is required. Title insurance is required on loan amounts $100,000 and greater. A Fast Track Home Equity loan of $85,000 with an 8 year term at 2.99% APR results in 96 monthly payments of approximately $11.73 per $1,000 borrowed. Payments do not include amounts for taxes and insurance premiums; if applicable, the actual payment obligation will be greater. Rate available for a limited time only. Conditions may apply. Dutch Point Credit Union is an Equal Housing Lender. NMLS# 466823.

If you're looking for a home financing opportunity that provides structure, simplicity and convenience, a Fixed Home Equity Loan might be the right choice to meet your needs. This loan option is ideal when you know the total amount of money you need and want to receive this money in a lump sum.

Fixed Home Equity loans can be a solution to a variety of needs. Whether you're looking to spruce up your home, buy a new car, pay for a wedding, or consolidate debt, a Fixed Home Equity Loan can address your specific objectives.

  • A stable monthly payment and fixed rate mean you won't have to worry about changes happening when you least expect them
  • Gain spending power to accomplish your goals by using the proceeds for whatever need you may have
  • Put your money to better use thanks to no closing costs, no point requirements, flexible term options and competitive rates
  • Save at tax time with possible tax deductions* on the interest you pay

Our local, in-house home equity consultants provide you with quick loan decisions and easy access when you have questions. Feel confident knowing you have access to someone nearby you can trust who has your best interests in mind.

Apply for a home equity loan onlinegive us a call, or visit one of our WethersfieldNewingtonBerlinBloomfieldWest HartfordNiantic, or Middletown, CT locations.

* Consult a tax advisor.

A Home Equity Line of Credit is designed to help you improve your personal liquidity by putting you in charge of ongoing needs. This loan option might be the best fit when you are looking for cash availability when it's convenient for you.

A Home Equity Line of Credit enables you to access funds by simply writing a special Home Equity check. You can also visit a nearby branch location to draw on the line as you see fit. 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.

  • Enjoy payment flexibility thanks to interest-only payment requirements for the first 10 years
  • Tap into a low, variable HELOC rate that saves you money over the term of your loan
  • Keep more money in your pocket not paying for points or closing costs
  • Take advantage of possible tax deductions* from the interest you pay

Our local, in-house home equity consultants provide you with quick loan decisions and easy access when you have questions. Feel confident knowing you have access to someone nearby you can trust who has your best interests in mind.

Apply for a Home Equity Line of Credit onlinegive us a call, or visit one of our WethersfieldNewingtonBerlinBloomfieldWest HartfordNiantic, or Middletown, CT locations.

* Consult a tax advisor.

Service, Convenience, Value

At Dutch Point, it's all about you. We empower you to make financial decisions that are right for you. We pledge to help you meet and exceed your financial goals through all the stages of your life.