Loan Promotions
Auto - $100 cash back
For a limited time, get $100 Cash Back when you finance a new or used auto loan with Diamond.
*Offer valid on all new/used auto or motorcycle purchase loans directly financed by Diamond Credit Union. Title secured loans, business vehicle loans, RV financing, and existing Diamond Credit Union loans are not eligible for this offer. An opening loan balance of at least $15,000 will qualify for the $100 cash back promotional amount; loan balances under $15,000 will not qualify for the cash back promotional amount. The promotional amount will be transferred into the membership share savings account once the loan is funded. If the loan is then refinanced from Diamond to another financial institution within 90 days of the purchase/refinance, then the promotional amount will be added to the loan payoff amount. Must be 18 years of age to qualify. Promotional incentives may be subject to income reporting. Certain conditions and restrictions may apply.
Auto - no payments for 3 months
Refinance your auto or motorcycle loan and go payment-free for 3 months* from the date of your loan signing.
*Offer valid on all new/used auto or motorcycle loans directly financed or refinanced by Diamond Credit Union. RV financing, existing Diamond Credit Union loans, and Diamond Credit Union loans obtained through third party partner auto dealerships are not eligible for this offer. *90-day Payment Break: Interest will continue to accrue during the 90-day payment break and may extend the term of the loan. Auto Express Loans are not eligible for the 90-day payment break.
Must be 18 years of age to qualify. Promotional incentives may be subject to income reporting. Certain conditions and restrictions may apply. All offers are valid for a limited time. Please see a Diamond representative for more details.
For assistance, contact a Diamond Representative by calling 610-326-5490 x4, option 2.
Home Equity Loan/Line of Credit
Home Equity Line of Credit (HELOC)
Just like a Home Equity Loan, the equity in your home helps determine how much you can borrow and a home appraisal will help determine that. With a Home Equity Line of Credit the loan amount is revolving – much like a credit card. As you make payments the funds are replenished and available for you to borrow again, and again, as needed for the life of the loan. This type of loan is best for expenses that are reoccurring or expenses that fluctuate such as: college tuition, medical bills, and unexpected expenses.
- Withdraw funds as needed – funds can be used for any purpose.
- The interest rate can fluctuate.
- You can choose to make payments on the principal amount, or interest-only.
- Borrow up to your available loan amount whenever you need money.
- Can be tax-deductible**.
New HELOCs Introductory Rate
- Intro rate of 1.99% for 12 billing cycles from open date.
- After 12 billing periods an ongoing variable rate will apply, currently as low as 4.00% APR
- Promotional rate is an introductory rate for applications beginning March 15, 2021.
- Although no specific end date has been determined, the offer could end at any time.
- Minimum line of credit to establish is $10,000. No minimum loan funding amount is required.
- All processing fees apply.
- Maximum loan-to-value is 90%.
*Actual Annual Percentage Rate (APR) is based on the value of an index and may vary according to overall credit history, total account relationship and payment method. Minimum loan amount $10,000. Maximum loan-to-value is 90%. Other third party fees may apply ranging from $500 to $700. Offer begins February 1, 2018 and may end at any time. The maximum Annual Percentage Rate that can be charged is 18%. The line has a variable rate feature and the Annual Percentage Rate and the minimum monthly payment can change as a result. See full disclosures for complete conditions and restrictions. The rate shown after the promotional period is representative of a reasonably current annual percentage rate that would have been in effect at origination using the index and margin.
**Consult your tax advisor regarding the deductibility of mortgage interest and charges.
