Please rest assured your credit union is stable and financially sound. We are well-capitalized with ample liquidity. Your money is safe, and deposits are federally insured to at least $250,000 by NCUA. Additional coverage options are available. Please call 800-268-6928 for assistance. Learn more.

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

We want to help make homebuying easier and more affordable. We have several low down payment options to help you get into your next home sooner. Our settlement agents can even come to you for closing when necessary. Need advice? We’re only a phone call or email away!

  • Available on primary and secondary/vacation homes in VA, NC, SC & OH.
    • Financing is not available on investment properties or mobile/manufactured homes.
  • We offer conventional, FHA, VA, and adjustable-rate options.
  • Low down payment options include:
    • As little as 3% down for First Time Home-buyers on conventional loans
    • 5:5 ARM with a 10% down and no PMI
    • FHA loans with as little as 3.5% down & flexible credit qualifications
    • VA loans with little to no money down for qualifying applicants
  • We offer competitive closing costs with no penalty for early payoff
  • For a custom quote & consultation on a purchase or refinance, contact one of our specialists or use form below.
  • Before you buy, crunch the numbers with helpful calculators and do your research by visiting our mortgage resource center.
  • Ready to apply? View a checklist here.

View current first mortgage rates Rates Effective:   06/02/2023

Product Rate APR Points P&I

30 Year

7.125%

7.260%

0.0000

$1,263.22

15 Year

6.750%

7.080%

0.0000

$1,672.23

5:5 ARM

5.500%

5.616%

0.0000

$1,064.60

FHA 30

6.625%

6.948%

0.6250

$1,200.58

 

RATES POSTED ARE INDICATIONS ONLY AND ARE SUBJECT TO CHANGE WITHOUT NOTICE. IF YOU WISH TO LOCK IN YOUR RATE, PLEASE CONSULT DOMINION ENERGY CREDIT UNION. 

This estimate is based on a mortgage loan secured by a single family home that will be used as a primary residence. Other assumptions include: a loan amount of $187,500.00, an estimated property value of $250,000.00, and an assumed credit score of 780.

Your actual rate and/or points may be different, as many factors go into providing you with a mortgage loan such as, the amount of the down payment, how much equity you have or whether you are purchasing, refinancing just the existing debt or refinancing & adding to the loan amount.

The above scenarios do not include cash-out refinances and there may be credit score adjustments based on an applicant's credit history.

PAYMENT EXAMPLES ONLY REFLECT PRINCIPAL AND INTEREST PAYMENT AND EXCLUDES ESCROW (REAL ESTATE PROPERTY TAX AND HOME OWNERS INSURANCE (AKA HAZARD INSURANCE), WHICH WOULD CAUSE THE ACTUAL PAYMENT TO BE HIGHER        

                                           

Tap into the equity in your home to get the money you need. Enjoy having no closing costs* with our Fixed Rate Home Equity Loan (available in VA). Check current rates or apply now.

Here’s a checklist of what you’ll need to have available when you apply.

Feature

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

* Only available in VA. Subject to loan-to-value and credit qualifications. Must currently have a first mortgage loan. 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.

Do your research online now. Check rates, crunch the numbers and learn about the home buying process here.

For a custom quote & consultation on a purchase or refinance contact one of our specialists using the form below.

Contact Us

Contact form