Mortgages and Home Equity Solutions
Looking for a mortgage, home equity loan or line of credit with a great rate from a lender you can trust? DOCFCU delivers. We lend to people nationwide, and are ready to help you with a solution that fits your needs and budget.
Update for mortgage loans page.
Lending
Mortgage Loans
Choose a lender you can trust. At DOCFCU, our experienced mortgage lenders will be with you every step of the way, helping you to choose the mortgage option that fits your needs and budget.
- Fixed rates
- Loan amounts from $75,000 – to $1,500,000
- Available for primary residences or second homes (no investment properties)
- Loans up to 97% loan-to-value*
- First and second mortgage combination loans up to 90% loan-to-value
- Manage your loan online, including making payments
- Available for homes in all 50 states
VISIT Our Dedicated DOCFCU MORTGAGE Website to Learn More
- Get a personalized, no obligation rate quote
- Get pre-qualified for your next mortgage
- Explore the resource available to help you make smart choices
Convenient Online Mortgage Access
You can view your mortgage statement, review your payment history, check your escrow balances, and even make a direct online payment from your account.
Have Mortgage Questions?
For questions regarding our application process, to get pre-approved or to ask general questions about getting a DOCFCU mortgage, please contact our experts directly:
- by phone at (877) 755-1607
- or email us at info@docfcu.org
For questions regarding your DOCFCU mortgage application, please contact us at (804) 588-4788 or email us at info@docfcu.org
For questions regarding your DOCFCU mortgage, please contact our mortgage servicer at (877) 636-9780.
Lending
Home Equity Loan and Line of Credit - Zero Closing Costs*
A home equity line of credit from DOCFCU can be a smart way to fund a variety of needs, including a home renovation or repairs, education expenses, the trip of a lifetime, or even simply to consolidate debt. Our experienced lenders are ready to help with tailored line of credit just for you.
A home equity loan, or “second trust loan”, is another option that substitutes a fixed rate for the variable rate of a home equity line of credit.
*No closing costs on an initial advance of $20,000 or more. Borrow up to 90% of your home’s value (minus your first mortgage balance) up to $350,000 must be eligible for DOCFCU membership. Other restrictions may apply, contact us for details. NMLS #810389
Home Equity Line of Credit
- A low variable interest rate of Prime+0*
- No closing costs on an initial advance of $20,000 or more
- Tax-deductible interest payments (consult your tax advisor for details)
- The ability to borrow up to 90% of your home’s value (minus your first mortgage balance) up to $350,000
Home Equity Loan (2nd Trust)
- A low fixed rate
- Tax-deductible interest payments (consult your tax advisor for details)
- The ability to borrow up to 90% of your home’s value (minus your first mortgage balance) up to $350,000
Rates
Home Equity Line of Credit | as low as |
|---|---|
Base Rate (Prime + 0.25%) | 8.50% |
Combined Loan to Value > 85.01% – 90% (Prime + 1.00%) | 9.25% |
2nd Trust Mortgages (Home Equity Loans) | as low as |
10 Years | 7.875% |
15 Years | 8.000% |
20 Years | 8.125% |
Have questions? We’re here to help. Please call 202.808.3600 to speak with one of our loan specialists today.