Home Equity Line of Credit (HELOC)
Special LIMITED-TIME Home Equity Offer!
Turn your home's VALUE into real CASH without the impact of high interest rates!
Rates start at 2.49% APR* for 6 months
Dreaming of a new deck, new kitchen, a family vacation, or just an option to help you simply get ahead? Destinations Credit Union can allow you to put the power of your home in your hands. At Destinations Credit Union, we want to help you achieve your financial goals and we understand how rising costs are putting pressure on everyone’s household budget. That’s why we are offering an AFFORDABLE, LOWER-COST borrowing option for a LIMITED TIME.**
NEW Home Equity Promotion for Qualified Borrowers
- 2.49% APR* fixed for the first 6 months
- 4.99% APR* fixed for 7-12 months
- Then, a variable APR* applies, currently 7.50% – 8.75%1
- PLUS, we’ll pay your Basic Closing Costs2
Equal Housing Opportunity. *Special Introductory Annual Percentage Rate (APR) of 2.49% is fixed for the first six months from closing and from months 7 – 12, a fixed APR of 4.99% applies. After the Special Introductory period ends, the rate is variable based on Prime. Rates as of June 13 are 7.50% – 8.75%. Maximum APR is 18.00%. Applications must be received by August 31, 2025 and loans must be closed and funded by 9/30/2025. Offer for Owner-Occupied primary residences only. Other restrictions may apply. Property and Hazard insurance required; flood insurance may be required. DCU will advance the basic closing costs for members with Preferred checking account on any primary or secondary home loan of $150,000.00 or less that remains open for at least three years from the date of closing. Consult with your tax advisor on possible tax benefits. The borrower is responsible for the closing and appraisal costs, typically between $455 – $845. Additional fees may apply. Applications are subject to approval and meeting credit union eligibility requirements. Offer and rates subject to change at any time. Borrow responsibly. Borrowing against your home’s equity reduces your available equity and may increase your overall debt. For a better understanding of Home Equity Lines of Credit, please read: What you should know about Home Equity Lines of Credit. Consult a tax advisor regarding the deductibility of interest. Don’t hesitate to contact the credit union for further information regarding this promotion.
Please note that in accordance with 12 CFR 1002.5(d)(2). Income derived from alimony, child support, or separate maintenance payment need not be revealed if the applicant does not want the creditor to consider the information in determining the applicant’s creditworthiness.
General Home Equity Line of Credit Information & Potential Benefits
Access the equity you’ve built in your home with competitively low, variable rates. Finance major home improvements, education expenses, medical expenses, and much more!
- Funds are conveniently available as needed without reapplying
- Revolving credit – as the principal is repaid, more is available to re-borrow
- The interest paid might be tax-deductible1
- Only pay interest on the part that’s used
- Set up payroll deduction for easy repayment
- Local Baltimore-area decision-making and processing
- Helpful, dedicated service from start to finish
1Consult a tax advisor.
Please note that in accordance with 12 CFR 1002.5(d)(2). Income derived from alimony, child support, or separate maintenance payment need not be revealed if the applicant does not want the creditor to consider the information in determining the applicant’s creditworthiness.