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.
| Loan Program | Annual Percentage Rate (As Low As)2 |
|---|---|
| Home Equity Line of Credit (HELOC) | 7.00% APR2 |
| HELOC Intro Rate | 3.99% intro APR for the first 6 months, after that a variable rate as low as 7.00% APR will apply. 4 |
| Rates are effective as of 4/1/2025. All loans are subject to approval. Rates, terms, and conditions are subject to change. 1Home Equity Line of Credit (HELOC): Minimum $5,000 line of credit required on loan-to-value up to 100%. Subject to underwriting, creditworthiness, and meeting credit criteria. 2Loan 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. 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. 3Closing costs may range from $175-$800, 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. 4Intro 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 the 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 4/1/2025 and subject to change. The maximum annual percentage rate that can apply is 21.00% 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 is no application, annual, maintenance or transaction fees associated with this account. Property insurance is required. This is a limited time offer and is subject to meeting credit criteria. |
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Need money for upgrades? Funds for life's fun? Turn your home's equity into cash!
| Term | Annual Percentage Rate (As Low As) 1 |
|---|---|
| 5 Years | 6.99% |
| 10 Years | 7.49% |
| Rates are effective as of 09/23/2024. All loans are subject to approval. Rates, terms, and conditions are subject to change. Home Equity loan payment example for illustrative purposes only: If you borrow $10,000 at 6.99% annual percentage rate (APR) with a 60-month term, your minimum monthly payment obligation would be $197.99. Over the life of the loan you will pay $1,879.34 in interest. If you borrow 10,000 at 7.49% annual percentage rate (APR) with a 120-month term, your minimum monthly payment obligation would be $118.68. Over the life of the loan, you will pay $4,241.02 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. Home Equity Loan is for a 2nd lien position only, first mortgage liens do not qualify for this product. Rates, terms, and conditions are subject to change. |
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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. 307 or contact us via email at loans@dupaco.com.
| Term | Rate | Points | APR | *Payment Example |
|---|---|---|---|---|
| Refinance: 30-Year Fixed Conventional $806500 or less | 6.750% | 0.00% | 6.799% | $5231.02 |
| Refinance: 30-Year Fixed Conventional $150000 or less | 6.500% | 0.00% | 6.607% | $ 948.10 |
| Refinance: 20-Year Fixed Conventional | 6.500% | 0.00% | 6.641% | $1118.36 |
| Refinance: 15-Year Fixed Conventional | 5.875% | 0.00% | 5.989% | $1255.68 |
| Rates are effective as of 05/22/2025. Rates may be as low as quoted rates - other terms and conditions may apply. For other loan amounts, terms, and rates please contact the Dupaco Mortgage Team. All loans are subject to approval. Rates, terms, and conditions are subject to change at any time. *Payment example does not include taxes and insurance premium(s). Actual payment obligation can be greater. The APR is based on $150,000 loan amount, unless otherwise noted. Rate quotes reflect 30 day rate lock and expire at 3pm Central Time daily. Rates assume owner occupied - primary and secondary residence only, rate/term refinance. Rates are based on minimum credit score of 760 and 75% loan to value (ltv). Rate/Term Refinance Transaction. A loan is considered jumbo if the amount of the mortgage exceeds loan-servicing limits set by Fannie Mae and Freddie Mac which is currently $806500 for a single-family home in most states. For available terms please contact our Mortgage Team at 1.800.383.1700 ext. 204. |
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* The loan-to-value is the mortgage amount divided by the appraised value of the property.
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 | Cash-out refinance | |
|---|---|---|---|
| Best for | If you need flexible, ongoing access to funds | If you know how much money you need and when you'll need it | Having one payment and loan on your property |
| Collateral | Uses home as collateral | Uses home as collateral | Uses home as collateral |
| Use your funds | For anything | For anything | For anything |
| Accessing the funds | Advance funds as needed | Lump-sum disbursement | Lump-sum disbursement |
| Repayment | You only pay on the balance you owe; monthly payment can fluctuate, triggered each time you make an advance | Monthly payment stays the same for the life of the loan | Monthly payment stays the same for the life of the loan |
| Interest rate | Variable interest rate Compare rates | Fixed interest rate Compare rates | Fixed- and adjustable-rate options |
| How to apply | Apply online | Call us at 800-373-7600 ext. 307 or email us at loans@dupaco.com | Apply online |
