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Home Equity Lines of Credit
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Last Updated: 04/18/2025

Diamond Credit Union Home Equity Line of Credit

in Home Equity Lines of Credit from Diamond Credit Union

Last Updated: 04/18/2025

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Highlights

Credit Score Range

N/A


Amount Range

Starting at $10,000

Maximum LTV

90%

Minimum Draw

N/A


Loan Term (Years)

22

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Diamond Credit Union Home Equity Line of Credit Review

Diamond Credit Union Home Equity Line of Credit is offered by Diamond Credit Union , a credit union founded in 1947 and based in Pottstown, PA. Diamond Credit Union Home Equity Line of Credit are available in 50 states and Washington, DC.

Key Takeaways

  • Only primary residences considered. Diamond Credit Union Home Equity Line of Credit does not offer financing for vacation homes or investment properties.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
  • High maximum LTV ratio. Diamond Credit Union Home Equity Line of Credit has a maximum loan to value ratio of 90%.

Diamond Credit Union Home Equity Line of Credit Pros & Cons

Diamond Credit Union Home Equity Line of Credit FAQ

What are the terms for Diamond Credit Union Home Equity Line of Credit?

HELOCs include a draw period followed by a repayment period. During the draw period, borrowers can access funds as needed up to the credit limit.
Diamond Credit Union Home Equity Line of Credit offers home equity loans with terms ranging from 22 to 22 years.

Is there a minimum draw requirement?

No, there is no minimum draw requirement.

What fees does Diamond Credit Union Home Equity Line of Credit charge for a HELOC?

Diamond Credit Union Home Equity Line of Credit may charge an origination fee.

What types of property can you use as security for a HELOC with Diamond Credit Union Home Equity Line of Credit?

Diamond Credit Union may consider HELOCs secured by the following property types:
  • Primary residences

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

1600 Medical Dr
Pottstown, PA 19464
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Hours of Operation

Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 5:00PM
Thursday
9:00AM - 7:00PM
Friday
9:00AM - 6:00PM
Saturday
Closed

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