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If you're a first-time homebuyer, you may be eligible to receive a $1000 Dupaco R.W. Hoefer Foundation grant for down payment or closing cost assistance. To qualify, you must meet grant program requirements, including:

  • Financing your mortgage through Dupaco
  • Meeting household income eligibilty limits
  • Completing an online homeownership course

These grants are offered on a limited basis. A Dupaco mortgage lender can help you apply for one during your mortgage loan application process.

Have questions? Need assistance?

Contact our Real Estate team at mortgage@dupaco.com or 800-373-7600, ext. 204.

Are you building or buying your dream house? Or refinancing the place you already call home? You can count on Dupaco to make the process much less stressful!

Understand the Process

Since most people don’t apply for a mortgage very often, the process can seem intimidating and confusing. So we created a handy guide to help you understand and prepare for your homebuying journey. Use it to:

  • Figure out if you’re ready to buy a home
  • Learn the steps of the home buying process
  • Discover the latest tips and tools for homebuyers

See the guide

Buy or Refinance a Home

We have competitive rates and a variety of mortgage types, so you can be sure we’ll find a loan that’s the perfect fit for you. Plus, we’re local and readily available when you need service, have questions, or want a helping hand — every step of the way.

TermRatePointsAPR
Rates are effective as of 12/13/19 and are subject to change without notice.
30-Year Fixed3.625%0.00%3.7528%
20-Year Fixed3.375%0.00%3.5509%
15-Year Fixed3.000%0.00%3.1513%

Take the Next Step

Use our simple online application to get your home buying journey started! Once you submit it, we’ll set things in motion. Then we’ll be in touch soon about your application’s status and progress.

Apply now

Have questions? Need assistance?

Contact our Real Estate team at mortgage@dupaco.com or 800-373-7600, ext. 204.

Pay It Off Faster

Dupaco’s Mini-Mortgage is an ideal loan option for people who want to have their home paid off within the next 10 years.

  • Choose whatever term length works for you (10 years, 7 years, 5 years, etc.)
  • Pay competitive low rates, with bonus savings through our Cooperative Giveback program
  • Manage your loan through Shine Online Banking
  • Receive a consolidated financial statement

While your current payment may increase, you’ll pay less over the life of the loan, saving yourself thousands of dollars and accelerating the payoff.

To understand how a Mini-Mortgage may help you, consider the example below. With the Mini-Mortgage, you save $8,669 and your loan is paid off 3 years sooner!

 BalanceInterest RateYears to PayMonthly PaymentPrincipal & Interest Paid
Existing loan:$40,0000.06510 years$454$54,503
Refinanced as a Mini-Mortgage:$40,0000.03947 years$546$45,834
TermAnnual Percentage Rate (APR)1Cooperative Giveback Rate (As Low As)2
Mini Mortgage payment example for illustrative purposes only: If you borrow $20,000 at 3.94% annual percentage rate (APR) with a 10 year term, your minimum monthly payment obligation would be $209.70. Over the life of the loan you will pay $5,163.48 in interest.
1 Mini Mortgage Rates: Subject to credit qualification. Members can qualify for an additional .50% on the cooperative loan discount rates for LTV 45% or less. Up to 75% maximum loan to value based on tax-assessed value with an appraisal. Member is responsible for closing costs, which could be less than $400. Repayment terms of ten years or less available. The Annual Percentage Rate (APR) varies based on program selected. Selected APR will remain fixed for the duration of the term of the loan. Owner-occupied property only. Property insurance required. Rates 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.

10 Years or Less3.15% APR3.00% APR

Interested in a Mini-Mortgage?

Contact our Consumer Lending team at loans@dupaco.com or 800-373-7600, ext. 202.

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