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Fixed Rate Home Equity Loan

A Downriver Credit Union Fixed Rate Home Equity Loan makes it easy to budget for home improvements or other important projects!  Our members can set up a fixed payment and a fixed interest rate using the equity they have in their home.

Rates As Low As 2.49% (APR)*

We Make Borrowing Simple using the equity in your home!

  • Borrow up to 80% of the value of your home value.
  • Payment amortized over your choice of either 10 or 15 years.
  • Low $500 Underwriting Fee (which covers underwriting and appraisal costs).
  • Minimum $25,000 loan amount.

Apply for a DCFCU Home Equity Loan

For more information or to apply, please contact our Mortgage Department at 313-386-2200 x1137.

*APR refers to Annual Percentage Rate. Approval subject to 80% Loan-to-Value (LTV) and minimum credit score requirements. $500 fee covers underwriting and appraisal costs. Complete rate information is available at the Credit Union.

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