Home Equity Loans

Home ownership is the American dream. With so many options and so many lenders available in today’s marketplace, it’s important to pursue a deal that’s right for you with someone you can trust.

If you are interested in a Home Equity Line of Credit, Dade County Federal Credit Union will be able to assist you directly with that request.

Please use the Apply for a Home Equity Loan link below, or call 305-471-5080.

Program Repayment Terms APR*

Home Equity Line of Credit** repayment period of 10 years, APR as low as 4.646%

Minimum Payment Example: If you made only the minimum monthly payment and took no other credit advances it would take 10 years to pay off a credit advance of $10,000 at an ANNUAL PERCENTAGE RATE of 4.646%. During that period, you would make 119 payments of $104.31 and one (1) final payment of 103.11.

*APR= Annual Percentage Rate. Home Equity Line rates expressed above are based on the Prime Rate at 3.25% which is current as of 03/31/2015 on based on Wall Street Journal Prime Rate Index. Variable Rate based on Prime Rate + 1.25%. Maximum rate that may be assessed is 18%. **The Home Equity line of credit is a variable rate loan tied to Prime Rate. Floor rate will be 4.5%. Closing Cost; is approximately 2.5% of the loan amount. Average closing costs for a $50,000 loan are estimated at $1,300.

Home Owners Insurance is required and Flood Insurance is required if property is located in a Flood Zone. Florida properties only and must be owner-occupied. Rates and terms subject to change without notice. Credit Union Membership required prior to funding.

Rates and terms subject to change without notice. As of 9/29/15, DCFCU has temporarily stopped offering Home Equity Fixed Rate Loans. Your final rate may be different than what is shown above and is dependent on your credit score and other factors. For up-to-date rates 24 hours a day, simply call Tellerline 24 at (305) 471-5335 or (800) 696-5962.

The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE) is a federal law designed to protect consumers and reduce fraud.

To be registered in the Nationwide Mortgage Licensing System and Registry (NMLSR) all residential loan originators must meet the definition of Mortgage Loan Originator.


Each agency regulated institution, including Dade County Federal Credit Union is assigned a unique entity ID number for the NMLSR. The NMLSR ID unique to Dade County Federal Credit Union is 410320. Individual MLOs working for Dade County Federal Credit Union also have specific NMLSR IDs. Please click below to see each individual MLOs.