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Are you thinking about making repairs or improvements to your home, but need help figuring out how to get the funds? Dupaco can help! If you don’t have enough equity in your home to qualify for a home equity line of credit, a home improvement loan could be the perfect solution.

What You Can Do With It

You can use a home improvement loan for pretty much any home-related purpose, including:

  • Furnace or air conditioning
  • Bathroom or kitchen remodeling
  • Roofing or siding
  • Flooring
  • In-ground pools
  • Additions or reconfigurations
  • Solar panels

If you don’t see your planned home improvement project on the list, don’t worry! We can tell you whether your idea qualifies for a home improvement loan or recommend another loan option that will meet your needs.

How Our Home Improvement Loan Works

Dupaco’s home improvement loans are designed for homeowners with a credit score of 660 or higher who have little or no equity in their home. Unlike a home equity line of credit, you won’t be borrowing against the value of your home and you will receive the entire amount you borrow in a single lump sum.

Loan AmountTermAnnual Percentage Rate (As Low As)1Cooperative Giveback Rate (APR As Low As)2
Home Improvement loan payment example for illustrative purposes only: If you borrow $10,000 at 7.25% annual percentage rate (APR) with a 10 year term, your minimum monthly payment obligation would be $117.40. Over the life of the loan you will pay $4,088.12 in interest.
1 Home Improvement Loan Rates: Loan annual percentage rates (APR) based on member credit qualification and total loan amount. Rates are subject to change without notice.
2 Cooperative Loan Discount Rates: To qualify for Cooperative Loan Giveback discounts, you must have the following account relationships with Dupaco Community Credit Union:
Savings, Checking, Automatic Payment: .05% discount;
Savings, Checking, $1,500 or more in a savings or loan account, direct deposit, automatic payment: .10% discount;
Savings, Checking, $1,500 or more in a savings or loan account, direct deposit, automatic payment, Dupaco VISA card, and any one of the following: Certificate, IRA, Home Equity Line of Credit, or other loan: .15% discount.
$0 - $10,000120 Months7.25%7.10%
$10,001 - $25,000180 Months7.50%7.35%

Apply Now

Have questions? Need assistance?

For more information or to receive assistance with your loan application, give our Consumer Loans department a call at 800-373-7600 or stop into your nearest branch.

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