Home Equity Line of Credit (HELOC)
Use the Equity in your Florida home to get the funds you need today with a HELOC from DCFCU!
A Home Equity Line of Credit, or HELOC, is a second mortgage that turns the value of your home into cash. You build equity in your Florida home with the monthly payments you make and any improvements or renovations you’ve made to the home. You can access this equity with a HELOC from Dade County Federal Credit Union! You can easily turn this equity into cash that you can use as an emergency fund or for any upcoming expenses.
Apply for a Florida HELOC at Dade County FCU!
Apply for a HELOC at an introductory rate as low as 3.99% APR* for 12 months or 6.99% APR* for 60 months and take advantage of the following benefits.
LENDER PAID CLOSING COSTS (Up to $1,500)
OPEN LINE OF CREDIT
TAX DEDUCTIBLE INTEREST (Consult Tax Advisor)
Click below to get started!
*Introductory rate as low as 3.99% APR available for 12 months with a minimum draw at time of closing of $25,000 or full line, if less than $25,000. Credit Union pays all customary closing costs. Up-to 85% CLTV (combined loan-to-value), PMI may be required, subject to property valuation, valid for primary residences, single family, PUD or condos in Florida only. Existing loans are not eligible for promotional rate unless new loan with an increase advance of $25,000 is obtained. After initial promotional period, the APR may vary, subject to Prime plus or minus contracted margin. The APR will not go below the Floor Rate of 4.00% and higher than the Cap of 18.00%. The Member must repay the closing costs if the loan is paid and closed prior to 2 years. Rates and terms are subject to change without notice. Must close with A&M Title. Home Owners/Windstorm is required and Flood Insurance is required if property is located in a Flood Zone. Rates and terms subject to change without notice. Credit Union Membership required prior to closing.
The NMLS ID unique to Dade County Federal Credit Union is 410320. Individual MLOs working for Dade County Federal Credit Union also have specific NMLR IDs. Please click to see each individual MLO.
