What is Home Equity? 

Home Equity is the difference between how much you owe on your mortgage and how much your home is worth.  Dillon Credit Union has home equity loan options which allow you to use your home’s equity to help you pay for life’s big expenses. 

Benefits Include:

• Borrow up to 90% of your home’s equity

• Investment properties up to 80% LTV

• No minimum or maximum

• Set amount or line of credit options

• Low closing costs

• No appraisal required

• Quick turn-a-round