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Home Equity
Need money for upgrades? Funds for life's fun? Turn your home's value into cash!

A home equity line of credit (HELOC) works like a credit card—borrow what you need, pay it off and borrow again.

Apply for a HELOC

Home equity loan vs. Line of credit: What’s the difference? Find out here.

A flexible line of credit that gives you access to cash when you need it most

What’s a HELOC? It’s a family vacation, a new kitchen, a refreshing swimming pool on a warm summer day, the ability to consolidate debt. It’s financial freedom to tackle any project—big or small.

Apply for a HELOC

Thank Use Participation Dividends Eligible

Only borrow what you need

You can borrow up to 100% of the equity you have in your home ($5,000 minimum).

Access your money when you need it

Access the funds over time as you need them—and only pay interest on the money you borrow.

Just cash. No fees.

We’re fee-free. This means we won’t charge you any annual, application, maintenance or transaction fees.

We'll cover your closing costs

Yep, you read that right. We’ll pay your closing costs—up to $350*. No strings attached.

Borrow with confidence

We offer dependable payment protection options to give you peace of mind.

24/7 access

Access your cash anytime, anywhere through Shine Online or Mobile Banking.

Loan ProgramAnnual Percentage Rate (As Low As)1
Home Equity Line of Credit (HELOC)7.00% APR2
HELOC Intro Rate33.99% intro APR for the first 6 months,
after that a variable rate as low as 7.00% APR will apply.3
1Loan annual percentage rates (APR) is based on credit score and combined loan-to-value (total mortgage balances divided by the total value of the house) as determined at the time of the account opening.

2Home Equity Line of Credit (HELOC): Minimum $5,000 line of credit required on loan-to-value less than 85%. Qualification for the 7.00% APR requires a 720 credit score or higher, and maximum combined loan-to-value of 75% or less. The annual percentage rate (APR) may vary after the account is opened. Maximum APR 21.00%. The rate will be the Prime Rate as published in the Wall Street Journal on the last business day of each month, plus or minus a margin, with a floor rate as low as 4.00% APR. Closing costs may range from $175-$650, of which, Dupaco to pay up to a maximum of $350. There are no application, annual, maintenance or transaction fees associated with this account, however, the credit union may recoup its closing costs up to $350 if the loan is closed within 30 months of opening. Property insurance required.

3HELOC Intro Rate: Intro rate available only for qualifying borrowers with a 675 credit score or higher, up to a max of 85% LTV, who open up a new Home Equity Line of Credit. The 3.99% introductory APR expires 6 months after the date the account is opened, at which time the APR will increase to the non-discount variable rate as low as 7.00%  and based on credit score and combined loan-to-value (total mortgage balances divided by the total value of the house) as determined at time of account opening. If member does not qualify for the introductory rate then the applicable APR is a variable rate ranging from 8.50% to 11.50% APR based on credit score and combined loan-to-value. Rates and introductory APR are accurate as of 2/1/2023 and subject to change. The maximum annual percentage rate that can apply is 21.0% APR or the maximum permitted by law, whichever is less. Closing costs may range from $175-$800 of which, Dupaco will pay up to a maximum of $350, however, the credit union may recoup its closing costs up to $350 if the loan is closed within 30 months of opening. There are no application, annual, maintenance or transaction fees associated with this account. Property insurance is required. This is limited time offer and is subject to meeting credit criteria.

*Closing costs may range from $175-$650, of which, Dupaco will pay up to a maximum of $350, however, the credit union may recoup its closing costs up to $350 if the loan is closed within 30 months of opening. There are no application, annual, maintenance or transaction fees associated with this account. Property insurance is required.

Get the cash you need, all at once, to make your dreams a reality
Thank Use Participation Dividends Eligible

Borrow what you need

You can borrow up to 85% of the equity you have in your home ($5,000 minimum).

Fixed interest rate and term

So you’ll know exactly how much you’ll need to pay each month and when the loan will be fully paid off. Hint: There’s no penalty for paying off your loan early.

Borrow with confidence

We offer dependable payment protection options to give you peace of mind.

One-time lump sum payout

Access your cash in one lump sum payout so you can make home improvements, pay tuition or consolidate debt right away.

TermAnnual Percentage Rate (As Low As) 1
5 Years6.50%
Rate accurate as of 01/01/2023 and subject to change.

Home Equity loan payment example for illustrative purposes only: If you borrow $10,000 at 6.50% annual percentage rate (APR) with a 60-month term, your minimum monthly payment obligation would be $195.71. Over the life of the loan you will pay $1,742.58 in interest.

1Home Equity Loan Rates: Loan annual percentage rates (APR) based on member credit qualification and total loan amount. All loans are subject to approval. Rates, terms, and conditions are subject to change.

A Dupaco home equity loan cannot be applied for online — but we’re right here to help you get started. Just give us a call at 800-373-7600, ext. 202 or contact us via email at loans@dupaco.com.

Email us

Home equity line of credit or home equity loan: Which is right for you? What's the difference?
Home Equity Line of Credit (HELOC)Home Equity Loan
Best forIf you need flexible, ongoing access to fundsIf you know how much money you need and when you'll need it
CollateralUses home as collateralUses home as collateral
Use your fundsFor anythingFor anything
Receive fundsAccess funds as neededLump-sum disbursement
RepaymentOnly pay on the balance you oweOne monthly payment for the life of the loan
Term10-year draw period (each advance is repaid over 15 years)60 months (no early payoff penalty)
Interest rateVariable interest rate
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Fixed interest rate
Compare rates
Closing costsWe'll cover the first $350You pay
How to applyApply onlineCall us at 800-373-7600 ext. 307 or email us at loans@dupaco.com
Find out how much I can borrow

Find out how much I can borrow

Determine whether you’re eligible for a home equity loan or a HELOC—and how much you might be able to borrow.

Crunch my numbers >

No Equity? No Problem.

No equity? No problem.

A great all-purpose personal loan that you can use for just about anything. The only collateral you need is your signature!

Explore personal loans >

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