Did you know that the average American pays $7,000 in interest per year?* At Dow, we think this is way too much. So why not ask yourself — what could you do with $7,000 more? We want to help you find out.
You have big dreams and we have solutions that can help you achieve them, like our Home Equity Line of Credit. If you are looking to consolidate your debt, get cash out, and lower your payments, or if you need to make some home improvements, we have the options that will help you take full advantage of your castle without hassle!
See the clear solution to making your dreams a reality by checking out how our rates stack up against the banks.
|Home Equity Line of Credit Rates|
|Dow||as low as 3.5%|
|Bank of America||4.7%|
|National Average HELOC||5.61%|
For more information or to apply, call us at 925-331-1010 or stop by one of our branch locations.
Ready to own your dreams? Take the first step forward with Dow.
*See credit union for details. Data collection from interest.com June 9, 2020 article “The Average American Now Spends Over $7,000 On Interest Each Year” and Valuepenguin.com June 17, 2020 post “Average Interest Rates for Home Equity Loans & HELOCs in 2020.” Not all members may qualify. Limited to California owner-occupied residences. Minimum payments are interest only for the first 10 years followed by 15 years of fully amortized payments. Rates change with the prime rate as published in the ‘Money Rates’ section of the Wall Street Journal. These are variable-rate loans, the rate may change monthly. Actual set up costs apply for all loans. Initial setup fees generally range between $500 and $2,500. The minimum line of credit amount is $10,000, with a maximum of $100,000. Loans not to exceed 80% CLT. The minimum APR is 3.50% and the maximum APR is 12.00%. Federally insured by NCUA. Equal Housing Lender.