Your home’s equity can be a terrific source of funds for almost any purpose. DECU offers add-on mortgages to handle a large, planned purchase or event. Or, a home equity line of credit may be better for you. Give us a call and we can help you decide which option is right for you. With good credit, you may be able to borrow up to 95% of your home’s current value. And remember, if you know what you need, you can always apply online.
To get a pre-approval, you can log into Online Banking and click on Loan Requests tab. From there, choose Mortgage Application.
This application takes about 25 minutes to complete and a credit report will be pulled at that time. You will find that you must put in a certain dollar amount that you are realistically looking for and the purchase address you use would be "unknown". Once we have the mortgage loan application, one of our loan officers will contact you within 24 hours to review your loan application. Please note that all the numbers used in the application are preliminary and can be revised.
If you are not an Online Banking user, you can give us a call at (800) 338-6739. We will be glad to help with the application.