Starting May 26, 2026, People Driven Credit Union members can take advantage of a limited-time Home Equity Special and save on the cost of borrowing.
Turn Your Home Equity Into Possibility
For a limited time, PDCU will waive closing costs up to $495 on a Home Equity Line of Credit, also known as a HELOC, for a primary residence.
A HELOC can give you flexible access to the equity you have built in your home. You can use the funds for home improvements, repairs, education costs, major purchases, unexpected expenses, or other qualified needs.
What is a Home Equity Line of Credit?
A Home Equity Line of Credit is a revolving line of credit secured by your home. Instead of receiving all the funds at once, you can access money as needed during the draw period, up to your approved credit limit.
That flexibility can make a HELOC a practical option when you know you may need funds, but you are not sure exactly how much you will need upfront.
Why Choose a HELOC?
- Flexible access to funds: Use what you need, when you need it, up to your approved credit limit.
- Useful for larger projects: A HELOC may help cover home renovations, repairs, education costs, or major expenses.
- Potential savings: During this special, PDCU will waive closing costs up to $495 for eligible HELOCs.
- Local service: Work with a Michigan credit union that understands local homeowners and local communities.
- Online application: Apply from your phone or computer without visiting a branch.
Ways to Use Your Home Equity
Your home equity can help you handle planned expenses without dipping into savings or using higher-rate borrowing options. Common uses include:
- Kitchen, bathroom, or basement renovations
- Roof, window, furnace, or major home repairs
- Outdoor projects, including decks, patios, or landscaping
- Education expenses
- Large purchases or life events
- Consolidating higher-rate debt into one payment
Before using home equity to consolidate debt, review the full cost, repayment terms, and your budget. A HELOC is secured by your home, so it is important to borrow carefully.
How the Home Equity Special Works
Beginning May 26, 2026, eligible borrowers can save up to $495 on closing costs when they open a qualifying PDCU Home Equity Line of Credit for their primary residence.
This is a limited-time offer, so it may be a good time to explore your options if you have been thinking about using your home equity for an upcoming project or expense.
Questions About Home Equity?
Not sure if a HELOC is the right fit? PDCU can help you compare options and understand how a Home Equity Line of Credit works.
Learn more about PDCU Home Equity Lines of Credit or connect with a Home Equity Specialist.
Apply for a HELOC Today
Make your home equity work for you. Apply online and take advantage of this limited-time Home Equity Special while it is available.
Membership required. Must qualify for membership and meet eligibility requirements. Credit approval required. Loan approval is subject to credit review, income verification, collateral/property review, and other underwriting requirements. Offer valid for qualifying Home Equity Lines of Credit secured by a primary residence. PDCU will waive eligible closing costs up to $495 for qualifying HELOC applications during the promotional period. Other fees, conditions, and restrictions may apply. Property insurance required. Flood insurance may be required. Consult a tax advisor regarding the deductibility of interest. Rates, terms, and offer details are subject to change without notice. Equal Housing Lender. NMLS #776727.
John Scharff is the Digital Marketing Lead at People Driven Credit Union, where he helps create clear, practical financial content for members and the communities PDCU serves. He focuses on making financial topics easier to understand, from loans and savings accounts to digital banking, fraud prevention, and everyday money management.
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