Mortgages & Home Equity Loans

Whether you’re looking to buy a home, refinance and save, or even get cash out, we have flexible home loan options to meet your needs. Our friendly and experienced mortgage specialists will walk you through the process and make home buying easy.

Make Someday Today

With our money-saving options, you could enjoy lower monthly payments, quicker payoffs, and lower costs over the life of your loan. We even have low down payment options to help you get into your next home sooner. Our settlement agents can even come to you for closing. Click here to learn more or to apply for a mortgage today.

  • We offer conventional, FHA, VA, and 5:5 adjustable loans
  • Increase your bargaining power with preapproval
  • We offer attractive low rates
  • Low down payment options including:
    • 5/5 ARM option with just 10% down and no PMI
    • FHA loans with as little as 3.5% down and use of gift funds
  • Before you buy, take a look at our calculator
  • No prepayment penalties
  • Competitive low closing costs
  • Personal guidance from start to finish from someone you can trust
  • Easy online application and instant approval
  • Available on primary and secondary/vacation homes in VA, NC, OH and SC. Financing not available on mobile homes, manufactured homes or investment properties.
  • Do your homework and apply online

Tap into the equity in your home to get the money you need. Enjoy having no closing costs* with both our home lending options (available in VA). If you’re looking to get cash out, a home equity loan is faster than refinancing your home.

It’s easy to get started - you can even apply on your mobile device! 

Check current rates or apply now.


Home Equity Line of Credit

Home Equity Loans

Ideal for…

Recurring expenses, such as home improvements or college tuition

One-time use, such as home additions, a new vehicle purchase, or debt consolidation

Borrow up to…

90% loan-to-value of your equity, max $150,000

90% loan-to-value of your equity, max $150,000

Interest rate

Low variable rate

Low fixed rate

Monthly payment

Monthly payments depend on the current rate and unpaid balance

Fixed monthly payment amounts

DECU services

Write checks to access your line of credit and use Online Banking to transfer from your line to your DECU account

.25% APR discount with automatic repayment

Ready to apply?

  • A credit report will be required and is obtained at application.
  • Employment & Address history for 24 months, contact information, and proof of current income are required.
  • Be sure to note if there are HOA, Condo Association, or other fees outside of existing Mortgage Payment, Insurance, and Property Taxes.

* Only available in VA. Subject to loan-to-value and credit qualifications. Minimum loan amount is $15,000. Minimum line amount of $15,000 and minimum initial draw of $2,500 on line. Other restrictions may apply. If you close a home equity line or pay off a home equity loan within 36 months after getting it, you may be required to reimburse the credit union for closing costs. Title Insurance may be required.