Home Equity Line of Credit Promotion


From now until October 31, 2019, apply for a new Home Equity Plus Line of Credit and pay only 2.99% APR* through December 31, 2019. Based on current index your best rate would be 4.99% APR beginning January 1, 2020.

If you would like further information regarding DuTrac’s home equity options, please contact a financial services consultant by email at members@DuTrac.org, by phone at (563) 582.1331 or (800) 475.1331, or stop into any of DuTrac’s convenient locations.

*Rate will convert to a quarterly variable rate based on the 13-week Treasury Bill Index after December 31, 2019. Rate depends on credit qualifications and approval. Rate may vary after account is opened. Best rate based on current index would be 4.99% APR beginning January 1, 2020. Maximum rate of 18% APR. Rates shown are for homeowners with 80% loan-to-value. The minimum loan amount is $15,000. Applicant may be eligible to receive up to $350 as a reduction in closing costs. HELOC account holder must have direct deposit to a DuTrac Community Credit Union checking account with auto pay. A fee for appraisal may be required and can average between $150-$450. Property insurance is required. Some restrictions and credit qualifications apply. Finance charges begin to accrue on the day a draw is taken. No grace period applies. Membership is required by opening a $5.00 share savings account. Not valid for existing home equity lines of credit with DuTrac or DuTrac HELOCs that are refinanced. Not valid with any other offers. Offer may end at any time without notice. Offer expires October 31, 2019.

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