Your browser does not support JavaScript. To view rates, see our rate sheet.

BRANCH APPOINTMENT UPDATE: We are still requiring appointments for all non-teller transactions, including any loan related documentation. Walk-ins for teller transactions are welcome. Please note that any walk-ins for non-teller transactions may wait longer due to appointments. To make an appointment please call (562) 862-8141. Thank you for your understanding.

Online Banking Login
Login Form - Mobile

Forgot username or password

Home Equity Line of Credit

Fund a Home Equity Line of Credit (HELOC) or Home Equity Loan (HEL) with DFCU from now until
June 30
, and qualify for one of these two special offers! You decide which is best for you, either way
you'll save:

Receive an intro rate of 1.99% APR* for the first 2 years on your HELOC or HEL



A HELOC or HEL is a great way for you to utilize the built up equity in your home for recurring expenses or emergency funds whenever needed. Also great to consolidate debt, a home remodel or add on, higher education expense, or other large expenses!

Enjoy these advantages when obtaining a HELOC with DFCU:

  • Up to 80% CLTV
  • Loan amounts up to $400,000
  • Open-ended loan with a 10-year draw period / 10-year repayment
  • Low, variable rates as low as APR* (After 2-year Introductory Rate ends)
  • Minimal fees

Questions? Give us a call at 562-862-8141.
Start Online Application
Interested in a Home Equity Line of Credit?

Simply provide your name and phone number and we’ll give you a call.

Call Request Form - Mobile

Or call us at 562.862.8141

  • Property must be owner-occupied
  • Payments can be made in branch, by phone, by mail, via online banking or direct deposit
  • Rate based on FICO/credit score
  • 15-day grace period on payments
*Annual Percentage Rate. INTRO RATE: Rate shown is effective 4/1/2021 and may change without notice. Rate shown is the lowest possible and is based on FICO/Credit Score and other factors. The rate of 1.99% APR is an introductory rate valid for the first 24 months from when the Home Equity Line of Credit (HELOC) funds: after which the rate will default to the non-promotional rate which the member qualifies for based on the Prime Rate and margin disclosed at the time of funding, which is determined by creditworthiness, FICO/Credit Score and other factors. This is subject to standard Downey Federal Credit Union (DFCU) credit approval. NO COSTS: for the no cost offer, the standard rate that the member qualifies for will apply - the introductory rate is not available for this option. The no cost option is available for HELOC and Home Equity Loans (HEL). There will be a $550 penalty if the HELOC or HEL is closed within three years of funding. To qualify for the introductory rate or for no costs member must advance a minimum of $10,000 at the time of funding the HELOC or HEL. If there is no initial advance at the time of funding, the loan will not be eligible for the discounted rate or no costs offer. Both offers are valid from 4/1/2021 to 6/30/2021 and must be funded by 6/30/2021. No HELOC or HEL or other loans currently financed at DFCU are eligible. DFCU does business in accordance with the Federal Fair Housing Law and Equal Credit Opportunity Act and deposits are Federally Insured by NCUA. Membership must be in good standing in order to be approved for either of these loan promotions. Additional restrictions apply. Please contact a DFCU Loan Representative for complete promotional details and qualifying criteria. Other rates and terms are available.
DFCU HELOC DISCLOSURE: *APR=Annual Percentage Rate. Rates quoted are the best possible rate for each tier based on credit score and other factors. Other rates and terms are available. The actual rate you qualify for will be based on credit history and other factors. Rates are subject to change without notice. Estimated costs related to the process: Drive-by Appraisal ($225.00), Title Fees ($230.00-$450.00), Origination Fee ($60.00).

Download PDF of HELOC Disclosure
  • Late payment charge: 5% of payment amount
  • No application fee
  • No annual fee
  • No pre-payment penalty
  • Apply online via Online Banking
  • Over the phone at 562.862.8141
  • In branch
  • The green Start Online Application button above