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As you pay off your mortgage, make the most of the equity you’re building. Use it to finance nearly any need, from school to medical expenses.

Key Features

  • Competitive Rates
  • Quick Decisions
  • Local Processing
  • Convert the equity in your home into cash you can use
  • Competitive rates for several short-term or one-time needs:
    • Education expenses
    • Major life events
    • Home remodel projects
    • Debt consolidation
    • And much more
  • The existing equity in your home is used as collateral backing
  • Accommodating repayment terms that work uniquely for you
  • The interest paid might be tax deductible1
  • Quick, local decision-making and processing
  • Attentive, friendly service from start to finish
  • Turn the equity in your home into ongoing, affordable financing
  • Competitive rates for several ongoing or seasonal needs:
    • Education expenses
    • Major life events
    • Major home improvements
    • Debt consolidation
    • Emergency reserve
    • And much more
  • The existing equity in your home is used as collateral backing
  • Accommodating repayment terms that work uniquely for you
  • Funds available anytime without reapplying; apply once, then use repeatedly thereafter
  • Revolving credit — as principal is repaid, more becomes available for use
  • Funds easily available via in-person or phone transfers to a specified DFCU checking account
  • The interest paid might be tax deductible1
  • Set up automatic payments to be deducted from your account monthly
  • Quick, local decision-making and processing
  • Attentive, friendly service from start to finish

1Consult a tax advisor.

Dannemora Federal Credit Union, and its mortgage loan originators, are registered under the national Mortgage Licensing System (NMLS).

NMLS identification numbers are listed below:

Brittany Joy: 960659

Heather Rancour: 1079599

Ashton Cortright: 1599691

Dannemora Federal Credit Union: 433184

For more information regarding the National Mortgage Licensing System, please visit: www.nmlsconsumeraccess.org

APR=Annual Percentage Rate. All loans are subject to credit approval. Rates, terms, and conditions are subject to change and may vary based on credit worthiness, qualifications, and collateral conditions. Up to 90% Loan to Value depending on credit worthiness and if Dannemora Federal Credit Union is the first lien holder. Minimum loan amount $20,000. Payments may or may not include taxes and insurance premiums, if applicable, and the actual payment obligation may be greater.