Fixed-Rate Home Equity Loan (HEFT)
A fixed-rate loan product that uses the equity in your home to provide a "lump sum" loan amount you pay down with fixed monthly payments over a set period of time. It's ideal for a one-time home improvement project, large expenses or purchases.
HEFT features and benefits:
- Instant loan decisions
- Discounted interest rate available when you set up automatic payments from your DFCU checking account
- No annual fee; no application fee
- Borrow up to $750,000, or up to 90% of your home’s equity, whichever is less
- Borrow up to 180 months
- No pre-payment penalties
- Earn Cash Back for bringing your loans to us
APR4 |
Max Fixed Term |
Max Variable Term |
Max CLTV |
As low as 6.49% APR |
60 Months |
N/A |
<=80% |
As low as 7.24% APR |
120 Months |
N/A |
<=80% |
As low as 8.24% APR |
180 Months |
N/A |
<=80% |
As low as 7.24% APR |
60 Months |
N/A |
>80% <=90% |
As low as 7.99% APR |
120 Months |
N/A |
>80% <=90% |
As low as 8.99% APR |
180 Months |
N/A |
>80% <=90% |
Rates effective as of 10/15/2024