Home Equity Loan & Line of Credit

Sure, you can use home equity funds for remodeling or repair projects. But really, the sky's the limit - feel free to use the money for a family vacation, a memorable wedding, medical bills, or anything else life beings along.

Get cash at any time for any reason

Affordable rates on Home Equity Lines of Credit

Access funds instantly through Online and Mobile Banking

Enjoy manageable interest-only monthly payments

Get debt under control

One popular use of home equity funds is to consolidate higher interest loans and credit card balances. It's easier to make one monthly payment than a handful, and you'll like reduce your overall interest payments.

It's like having the power to write yourself a loan

The value of your North Texas home helps you qualify for a loan fund that can come in handy when bills pile up, the car breaks down or when you want to cut loose and do something special. After your initial application is approved, there's no need to ask DATCU if you can borrow money. Just go online, open our app, or walk into a branch and get the cash you need.

Save on interest charges with rates that are below those of most credit cards
Your credit limit depends on the equity you have in your home (Equity is the current market value minus your remaining mortgage balance)
You can access funds for five years after your HELOC is approved (this is called the draw period)
During the draw period, you pay interest only on the funds actually in use
When the draw period ends, you'll need to make monthly payments to cover any loan balance

Your financial sidekick

Homebuying & Building Equity

HELOC Calculator

Should I Refinance My Home Calculator

The staff at DATCU has always been kind and helpful to me in every interaction over the past 24–30 years I have been a member. I appreciate them so much. Thank you!

Beverly M.