Home Equity Loan Archives

What happens if I sell my home?

If you sell your home, you'll need to pay off both your primary mortgage and your second mortgage with the proceeds from the...

How long does it take to get approved?

The approval process can vary but typically takes a few weeks. It involves a property appraisal, credit check, and income...

Can I refinance my Home Equity Loan?

Yes, you can refinance a Home Equity Loan, which may allow you to take advantage of lower interest rates or different loan...

How do I check the status of my loan application?

You may give us a call at 248-263-4100 to speak with the loan...

Do you offer ‘skip a payment’?

Yes! All eligible loans can be skipped once per calendar year for a fee of $35. To learn more about how it works, visit our Skip-a-Payment page. Please note that Fresh Start Auto Loans, PD Quick Cash Loans, Lines of Credit, Mortgages, Commercial Loans,...

How do I make a loan Payment?

To make a payment via online banking with funds already in your account, login to the MyPDCU Online Portal or use the MyPDCU app, and select 'transfers'. Select where you want to transfer from and which loan you would transfer to. Call iTalk...

Calculator Disclaimer Personal Loan Rate

The monthly payment at 8.490% APR for a term of 12 months would require payments of approximately $87.22/month, per $1,000 borrowed. APR=Annual Percentage Rate, subject to change. Rate is based on individual creditworthiness and term of the loan. The use of this calculator does not imply nor guarantee loan terms nor approval of financing.

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. People Driven Credit Union does not guarantee their applicability or accuracy in regards to your individual circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Member-only Discount Rewards

Accidental Death & Dismemberment Insurance – PDCU provides $2,000 coverage to members 18-69 for free but op-in is required. Members receive discounts on additional supplemental coverage.