Make it Your Style.
With a Home Equity Line of Credit 

Great Rates as Low as 3.750% APR* 

A Home Equity Line of Credit (HELOC) can be an easy way to finance your needed home improvement project. Apply now through July 31, 2020 and pay no closing costs** with a new HELOC with an initial draw of $10,000 or more. At Directions Credit Union you never have an annual fee and all approvals and servicing are done locally.

Other benefits include:

  • Apply online or through our online loan application
  • Great low rates
  • Finance up to  90% of your home's value
  • Low closing costs and processing fees
  • Advances can be obtained during the first 5 years
  • Payment term is 10 years
  • No prepayment penalty
  • Rate will not increase more than 2% each year and not more than 6% over the term of the loan

Your New Kitchen Could Be Closer Than You Think. 

Apply Online

Interested in a fixed home equity loan vs. a line of credit?

Learn More

*APR  = Annual Percentage Rate.  Rate stated is for loan-to-value (LTV) ratios up to 80%.  Other rates and ratios available.  The rate will not increase more than 2% each year and not exceed 6% over the original rate during the term of the loan. Maximum interest rate is 21%. The APR is based on an index, the Prime Rate per The Wall Street Journal, and is current as of 3/5/20 and could change based on market conditions and borrower eligibility.  HELOC’s with an LTV up to 80% will have a rate of the current Prime Rate minus .50%.  HELOC’s with an LTV of 81% to 90% will have a rate of the current Prime Rate plus 0.0%.  The minimum loan amount is $5,000.  The maximum loan amount is determined by the equity in your home, based on appraised value.  Appraisals may be required.  HELOC loan amounts cannot exceed 90% of your value, including your first mortgage balance. Loans are limited to owner-occupied, one-to-four family principal residences and are subject to our underwriting standards. Eligibility based on creditworthiness, proof of income, and collateral.  Please consult a tax advisor for deductibility.  Property insurance is required.  **The maximum loan amount for this offer is $100,000. This offer is available for applications completed by 7/31/20.