Home Equity Plus Line of Credit


Build something new, refinish something old, or buy something you have always wanted. With DuTrac’s Home Equity Plus Line of Credit, building a strong foundation for your future is a lot easier to accomplish with the right tools.

The Home Equity Plus Line of Credit includes:

  • A one-time application
  • Access to your line of credit 24 hours a day, seven days a week
  • A low, variable interest rate
  • A 10-year draw period without re-qualifying
  • Repayment terms up to 15 years
  • Automatic payments and direct deposit


From now until July 31, 2018, apply for a new Home Equity Plus Line of Credit and pay only 2.99% APR* through December 31, 2018. Based on current index your best rate would be 4.99% APR* beginning January 1, 2019.

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 after December 31, 2018. Rate may vary after account is opened. Best rate based on current index would be 4.99% APR beginning January 1, 2019. Maximum rate of 18% APR. No closing costs offer requires direct deposit to a DuTrac Community 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 expires July 31, 2018.


Quick Links

Print This Page