Home Equity
Building a strong foundation for your future is a lot easier to accomplish with the right tools. DuTrac Community offers two types of home equity loans designed to help meet your financial needs as they arise:
DuTrac’s Equity Plus loan features:
- A one-time advance
- A fixed interest rate
- Terms ranging from 5 to 15 years
- Part of the closing costs may be waived with automatic payment or direct deposit to the loan
- ¼% savings on your interest rate if you establish automatic loan payments through your payroll deduction, direct deposit or checking accounts
Advantages of DuTrac’s Home Equity Plus Line of Credit:
- A one-time application
- Access to your line of credit 24/7
- A low variable interest rate
- A 10 year draw period without re-qualifying
- Repayment terms up to 15 years
- No closing costs with automatic payment or direct deposit
- Money saving tax benefits (Check with your tax advisor regarding your particular situation.)
So relax, enjoy your life, build something new, refinish something old, or buy something you have always wanted.
If you have further questions regarding DuTrac Community Credit Union’s Home Equity Plus Line of Credit, please contact our highly qualified financial services consultant by phone at (563) 582-1331, or 1-800-475-1331 to schedule your appointment.
