HELOC

Let Your Home Unlock the Possibilities

Searching for flexibility and convenience?

DOLFCU’s Home Equity Line of Credit (HELOC) is perfect for home improvement projects and other expenses.

Whether you’re thinking about renovating your home, paying for education, or taking advantage of investment opportunities, DOLFCU can help you find the best home equity option for your needs. Put the equity in your home to work on your next project. By tapping the value you’ve built in your home, you can fund anything from energy-efficient window installation in your home to debt consolidation.

DOLFCU’s Home Equity Line of Credit offers you the flexibility to borrow only the amount you need, as you need it, throughout the draw period.

  • Variable rates as low as Prime*
  • DOLFCU will pay most closing costs*
  • Low monthly payments
  • Interest may be tax deductible*
  • Only pay interest on money you borrow

Check out our  competitive rates!

*Annual Percentage Rates (APR) shown are for members with excellent credit and may reflect rate discounts for additional credit union services. Your APR may be higher and is determined by our normal underwriting guidelines. Prime Rate as published in the Wall Street Journal the first business day of each month. As of September 27, 2018, the prime rate is 5.25%. All variable rate loans have a floor of 4% and max of 18%. For home equity lines of credit, if an appraisal is required, the cost will be paid by the member, who is responsible for the fee whether or not the loan closes. Closing costs generally range between $175-$2150 for which the credit union will typically pay $175-$750. Borrower responsible for remainder of closing costs, any taxes and insurance. Property insurance required, flood insurance may be required. Program fees, rates and features subject to change without notice.

Rates are current as of September 27, 2018 and are subject to change. All loans subject to credit approval and membership eligibility. Other terms and restrictions may apply. Please email Loans@DOLFCU.org or call (202) 789-2901, ext 3 for additional details. DOLFCU is an Equal Opportunity Lender.