Conventional Equity Home Equity Loan
Protect yourself from growing interest rates with a Conventional Home Equity Loan. Apply now through 2/28/19 using code FIXED525 and you can get rates as low as:
- 3.75% APR* for 5 years for a first lien position loan
- 5.25% APR* for 5 years for a second lien position loan
This way, you can borrow what you need with the confidence that your home equity payment will never change, regardless of the rate environment.
Conventional Equity Home Equity Loan Benefits
- A low fixed-rate, fixed-term loan = payments remain the same until your home equity loan is paid off
- Receive the total loan amount in one lump sum
- Low, monthly principal and interest payments
- No prepayment penalties
- No annual fee and no fees to apply
- Make payments and check your balance through Online Banking & Mobile Banking or by phone
Use Your Conventional Equity Home Equity Loan for:
- Remodeling or repairing your home
- Paying for educational expenses
- Taking a vacation
- Updating your landscaping
- …and more!
Conventional EquityApply Today
5, 7 and 10 years
Line of Credit (LOC)
Minimum Loan Amount
Maximum Loan Amount
Up to 90% Loan to Value2
Homeowners insurance required. Single family dwellings only. We lend in all of Illinois on primary and secondary residence. NMLS #445096. 1 Consult a tax advisor regarding deductibility of interest. 2Qualified Members can borrow up to 90% of the appraised market value of their home (up to 80% for second homes and condos), less the first mortgage owed.3 Closing fees may apply for certain counties.4 Standard message and data rates may apply. Refer to your communications service provider.
How Much Can I Borrow?
DuPage Credit Union offers higher borrowing limits allowing maximum buying power. Calculate the loan amount you may be eligible for.
*Annual Percentage Rate (APR). 3.75% on a first lien position for a fixed rate with a term of 60 months with monthly principal and interest payments of $457.63. 5.25% on a second lien position for a fixed rate with a term of 60 months with a monthly principal and interest payments of $474.69. Payment examples based on a loan amount of $25,000.00. APR is a promotional rate good from 1/2/19 – 2/28/19. Must use promo code FIXED525 when applying. Loan must close by 5/31/19. Minimum loan amount is $25,000. Homeowners insurance required. No 2-4 family units accepted. We lend in all of Illinois on primary and secondary residence. Must be a Member in good standing. NMLS #445096.