How often can I draw from a HELOC? What’s the minimum amount?
You are able to draw from your HELOC for the first ten years as many times as you would like on a revolving basis. The minimum advance (after your first advance) is $500.
To draw from your HELOC, you can:
- Log into Digital Banking or the mobile app, select Transfer & Pay > Transfer, and transfer money directly to a DuPage Credit Union checking or savings account
- Use our Automated Phone Banking service
- Write a HELOC check directly to the person or business of your choosing