DoverPhila Home Loans
Buying, building, refinancing, or simply tapping into your home’s equity shouldn’t be stressful. Our home loans simplify the process with flexible options, tools, and easy online applications to get your journey started.
First Mortgage
- Purchase of a new home or refinancing existing homes
- Fixed rates
- Long-term plans are available
- Minimum down payment determined by your credit score
- Rates determined by credit score and loan to value
Construction
- Long-term plans are available
- One-time closing
- Rates determined by credit score and loan to value
Quick Close Loan
If you have a low balance on an existing mortgage and are looking to refinance at a better interest rate, then this option is for you. A “quick close” mortgage receives the credit union’s lowest available closing costs and is available in 5, 10, 15, 20, or 30-year loan terms.
Refinance
Unlock savings and flexibility by refinancing your mortgage with DoverPhila.
Mortgage refinancing means replacing your current home loan with a new one—usually with better terms. Whether you’re looking to lower your interest rate, reduce your monthly payment, or tap into your home’s equity, refinancing gives you the flexibility to meet your financial goals.
Why refinance with DoverPhila?
Refinancing your mortgage can save you money and help you build long-term financial stability. DoverPhila makes it simple, fast, and affordable to refinance your loan. Our competitive rates, personalized service, and local decision-making set us apart from other lenders.
Members typically refinance to:
- Secure a lower interest rate and reduce fees, lowering monthly payments.
- Shorten the loan term to pay off the mortgage faster and save on interest.
- Switch from an adjustable-rate mortgage to a fixed-rate for more predictable payments.
- Consolidate existing debt for easier management.
- Reduce or eliminate Private Mortgage Insurance (PMI) costs.
How it works.
Applying to refinance a loan through DoverPhila is easy. Here’s how to get started:
- Apply online or in-person. Complete a secure application online — or contact our Mortgage Department to work with someone face-to-face.
- Connect with our Mortgage Department. Our team will review your current loan, walk you through your options, and help you determine if refinancing is right for you.
Home Equity
Unlock the full potential of your home’s value.
A Home Equity Loan allows you to borrow against the equity in your home. This means you can access funds for various financial needs by leveraging the value you’ve built in your property.
Why tap into your home’s equity?
- Home Improvements: Investing in renovations can increase your home’s value, potentially offering a return on investment when you sell.
- Debt Consolidation: Consolidate high-interest debts into one manageable loan, often at a lower interest rate, simplifying your finances.
- Education Expenses: Use the funds to pay for tuition or other educational costs, often at a lower interest rate than federal student loans.
Option 1: Home Equity Line of Credit
- Long-term plans are available
- Rates determined by credit score and loan to value
- Revolving line becomes available as balance decreases
Option 2: One-Time Disbursement Home Equity
- Fixed-rate, closed-end mortgage
- One payment for life of loan
- Rates determined by credit score and loan to value
Explore your home equity loan options.
Apply today through our online application or contact our Mortgage Department at 330-364-8874 for more information.
Disclosures:
(click to read or download)
Apply for a Mortgage
Why choose DoverPhila for your mortgage needs?
The people-first difference makes all the difference.
It is easy to assume there is no real distinction between a credit union and a bank — especially when it comes to something as heavily regulated as a mortgage loan. But there is a difference — and it matters.
Why it matters for your mortgage.
Because we exist to serve our members — not investors. We reinvest earnings into better rates, fewer fees, and more personalized service. Our goal is to build lasting financial relationships, not just complete a transaction.
How that benefits you:
- Lower loan rates. Profits are returned to members in the form of competitive interest rates.
- Zero application fee. We process your application, documentation, and verification at no cost.
- No monthly service fee. We maintain the loan with no additional monthly fees.
When you finance your home through DoverPhila, you’re not just getting a mortgage — you are getting a partner who’s invested in your success.
Mortgage Loan Calculators
Explore your options with customized calculators.
Our easy-to-use financial calculators empower you to take control of your financial future. Whether you are estimating the cost of a mortgage loan at various rates and terms or mapping out other financial goals, these tools offer the clarity and confidence you need to make informed financial decisions. Click the calculator’s name below to get started and to plan with confidence.
Calculators are provided as a courtesy through a third party. The credit union does not assume any fiduciary duty and cannot guarantee the accuracy of the calculators. Use of the loan calculators above is not a guarantee of credit. Click here for our loan calculator disclosure or select the button below.
Installment Loan Calculators
Explore your options with customized calculators.
Our easy-to-use financial calculators empower you to take control of your financial future. Whether you are estimating the cost of an installment loan at various rates and terms or mapping out other financial goals, these tools offer the clarity and confidence you need to make informed financial decisions. Click the calculator’s name below to get started and to plan with confidence.
Calculators are provided as a courtesy through a third party. The credit union does not assume any fiduciary duty and cannot guarantee the accuracy of the calculators. Use of the loan calculators above is not a guarantee of credit. Click here for our loan calculator disclosure or select the button below.
Loan Payment Options
Flexible loan payment options.
At DoverPhila, we believe managing your loan payments should be simple, flexible, and convenient—because your time matters. That’s why we offer a variety of payment options designed to fit your needs and lifestyle:
Automatic & Recurring Options
- Payroll Deduction – Set up direct payments from your paycheck for effortless loan management.
- Automatic Transfer – Move funds from your DoverPhila account automatically on your schedule.
- Recurring ACH Origination – Set up recurring payments from another financial institution with ease.
Digital Convenience
- Online Banking with On Line-On Time® – Log in and pay through our secure home banking platform.
- Mobile Banking App – Make payments anytime, anywhere with our easy-to-use mobile app.
- Online Bill Pay – Schedule and send payments directly from your DoverPhila account.
Phone & In-Person Options
- Over-the-Phone Payment – Speak with a team member to transfer funds from your DoverPhila account – or use a debit or credit card to make a payment quickly and securely.
- In Person at a Branch or ATM – Stop by any of our full-service locations or use a DoverPhila ATM to make your payment.
- U.S. Mail – Prefer the traditional route? Mail your payment to us at your convenience.
No matter how you choose to pay, DoverPhila is here to help you stay on track—your way. Have questions or need help setting up a payment method? We’re just a call, text, or click away.
Skip-A-Payment
The unexpected is part of life. When it happens, our Skip-a-Payment benefit affords members to defer a payment until the end of the loan. To be eligible, the member account must be in good standing with at least 12 months of payment on the loan and haven’t exceeded the number of skips permissible for the life of the loan. This benefit can be applied to auto, personal, share/certificate, and recreational loans. A $35 fee will be applied and all borrowers must sign for the benefit to take effect. Skipped payments process within 24 hours. All eligibility requirements apply.
Youth Share Accounts – DP’s Kids Club
For Kids Ages 12 & Under
Start Smart with DP’s Kids Club
Give your child a head start on a financially savvy future! Early education is key to building lifelong money management skills—and with DP’s Kids Club, learning about money is both fun and rewarding.
When children join the club, they’ll open their very own share account and begin to understand the value of saving. Designed for kids age 12 and under, this special account encourages good financial habits through hands-on learning, exciting incentives, and engaging activities.
DP”s Kids Club Benefits
- Fun Gifts– Kids receive a postcard in the mail each quarter with an incentive to save their money.
- Membership Card – The official club membership card – kids love them!
- Exclusive Savings – Certificate Accounts with low $250 minimum balance*.
- Games & Contests – Quarterly contest with cash prizes.
- Quarterly Newsletter – Credit union news and money facts tailored specifically to kids.
- Special Events – Youth Week, always the last full week in April, celebrates our youngest members with a bonus on deposits and fun giveaways.
- Financial Tools for Kids – Education is the key to success. Club activities and tools are designed to help kids learn money management.
- Access to Banzai – An award-winning, online financial literacy program that allows members to discover real-world finances through “learning by doing.”
- And More!
Open a DP’s Kids Club account today!
Help your child start strong with smart saving habits. Just bring their Social Security card, birth certificate, and a $5.00 deposit to any DoverPhila branch to open a DP’s Kids Club account.
Already have a share account for your child? You can still enroll them—no extra deposit needed. (Custodial accounts require a separate Kids Club account.)
At age 13, their membership automatically grows with them, converting to our DP Savers Club to continue their financial journey.
*Only available to DP’s Kids Club and DP Savers Club accounts. Click here to view Account & Service Fees.
Not-For-Profit Account
Discover how DoverPhila's not-for-profit accounts empower your organization's mission.
As a not-for-profit credit union, we appreciate the unique governing structure of not-for-profits, their need to keep expenses in check, and their desires to show results for programming. For that reason, our not-for-profit account offers all of the great features and benefits of our business checking account, but without the monthly service charges (waived for qualified 501c3, not-for-profit organizations).
Why choose DoverPhila for your not-for-profit?
- Member-Centric Focus: We prioritize our members over profits, ensuring your organization benefits from lower or no fees and personalized member service.
- Community Commitment: We are dedicated to supporting the communities we serve, including not-for-profit organizations that make a positive impact.
- Secure and Trustworthy: Your funds are federally insured by the NCUA, providing peace of mind and security for your organization’s finances.
Account Features:
- No minimum balance.
- No monthly service charges**.
- Free overdraft protection from your savings account.
- Unlimited transactions check writing*.
- Digital check images through online banking.
- Receive a debit card with access to ATMs.
- Access to online banking, mobile banking, eStatements, paper statements, and PAL.
*While your first order of checks needs to be made through a DoverPhila branch location, you can reorder checks quickly and easily online.
**Click here to view Account & Service Fees.
First Mortgage
- Purchase of a new home or refinancing existing homes
- Fixed rates
- Long-term plans are available
- Minimum down payment determined by your credit score
- Rates determined by credit score and loan to value
Construction
- Long-term plans are available
- One-time closing
- Rates determined by credit score and loan to value
Quick Close Loan
If you have a low balance on an existing mortgage and are looking to refinance at a better interest rate, then this option is for you. A “quick close” mortgage receives the credit union’s lowest available closing costs and is available in 5, 10, 15, 20, or 30-year loan terms.
Refinance
Unlock savings and flexibility by refinancing your mortgage with DoverPhila.
Mortgage refinancing means replacing your current home loan with a new one—usually with better terms. Whether you’re looking to lower your interest rate, reduce your monthly payment, or tap into your home’s equity, refinancing gives you the flexibility to meet your financial goals.
Why refinance with DoverPhila?
Refinancing your mortgage can save you money and help you build long-term financial stability. DoverPhila makes it simple, fast, and affordable to refinance your loan. Our competitive rates, personalized service, and local decision-making set us apart from other lenders.
Members typically refinance to:
- Secure a lower interest rate and reduce fees, lowering monthly payments.
- Shorten the loan term to pay off the mortgage faster and save on interest.
- Switch from an adjustable-rate mortgage to a fixed-rate for more predictable payments.
- Consolidate existing debt for easier management.
- Reduce or eliminate Private Mortgage Insurance (PMI) costs.
How it works.
Applying to refinance a loan through DoverPhila is easy. Here’s how to get started:
- Apply online or in-person. Complete a secure application online — or contact our Mortgage Department to work with someone face-to-face.
- Connect with our Mortgage Department. Our team will review your current loan, walk you through your options, and help you determine if refinancing is right for you.
Home Equity
Unlock the full potential of your home’s value.
A Home Equity Loan allows you to borrow against the equity in your home. This means you can access funds for various financial needs by leveraging the value you’ve built in your property.
Why tap into your home’s equity?
- Home Improvements: Investing in renovations can increase your home’s value, potentially offering a return on investment when you sell.
- Debt Consolidation: Consolidate high-interest debts into one manageable loan, often at a lower interest rate, simplifying your finances.
- Education Expenses: Use the funds to pay for tuition or other educational costs, often at a lower interest rate than federal student loans.
Option 1: Home Equity Line of Credit
- Long-term plans are available
- Rates determined by credit score and loan to value
- Revolving line becomes available as balance decreases
Option 2: One-Time Disbursement Home Equity
- Fixed-rate, closed-end mortgage
- One payment for life of loan
- Rates determined by credit score and loan to value
Explore your home equity loan options.
Apply today through our online application or contact our Mortgage Department at 330-364-8874 for more information.
Disclosures:
(click to read or download)
Apply for a Mortgage
Why choose DoverPhila for your mortgage needs?
The people-first difference makes all the difference.
It is easy to assume there is no real distinction between a credit union and a bank — especially when it comes to something as heavily regulated as a mortgage loan. But there is a difference — and it matters.
Why it matters for your mortgage.
Because we exist to serve our members — not investors. We reinvest earnings into better rates, fewer fees, and more personalized service. Our goal is to build lasting financial relationships, not just complete a transaction.
How that benefits you:
- Lower loan rates. Profits are returned to members in the form of competitive interest rates.
- Zero application fee. We process your application, documentation, and verification at no cost.
- No monthly service fee. We maintain the loan with no additional monthly fees.
When you finance your home through DoverPhila, you’re not just getting a mortgage — you are getting a partner who’s invested in your success.
Mortgage Loan Calculators
Explore your options with customized calculators.
Our easy-to-use financial calculators empower you to take control of your financial future. Whether you are estimating the cost of a mortgage loan at various rates and terms or mapping out other financial goals, these tools offer the clarity and confidence you need to make informed financial decisions. Click the calculator’s name below to get started and to plan with confidence.
Calculators are provided as a courtesy through a third party. The credit union does not assume any fiduciary duty and cannot guarantee the accuracy of the calculators. Use of the loan calculators above is not a guarantee of credit. Click here for our loan calculator disclosure or select the button below.
Installment Loan Calculators
Explore your options with customized calculators.
Our easy-to-use financial calculators empower you to take control of your financial future. Whether you are estimating the cost of an installment loan at various rates and terms or mapping out other financial goals, these tools offer the clarity and confidence you need to make informed financial decisions. Click the calculator’s name below to get started and to plan with confidence.
Calculators are provided as a courtesy through a third party. The credit union does not assume any fiduciary duty and cannot guarantee the accuracy of the calculators. Use of the loan calculators above is not a guarantee of credit. Click here for our loan calculator disclosure or select the button below.
Loan Payment Options
Flexible loan payment options.
At DoverPhila, we believe managing your loan payments should be simple, flexible, and convenient—because your time matters. That’s why we offer a variety of payment options designed to fit your needs and lifestyle:
Automatic & Recurring Options
- Payroll Deduction – Set up direct payments from your paycheck for effortless loan management.
- Automatic Transfer – Move funds from your DoverPhila account automatically on your schedule.
- Recurring ACH Origination – Set up recurring payments from another financial institution with ease.
Digital Convenience
- Online Banking with On Line-On Time® – Log in and pay through our secure home banking platform.
- Mobile Banking App – Make payments anytime, anywhere with our easy-to-use mobile app.
- Online Bill Pay – Schedule and send payments directly from your DoverPhila account.
Phone & In-Person Options
- Over-the-Phone Payment – Speak with a team member to transfer funds from your DoverPhila account – or use a debit or credit card to make a payment quickly and securely.
- In Person at a Branch or ATM – Stop by any of our full-service locations or use a DoverPhila ATM to make your payment.
- U.S. Mail – Prefer the traditional route? Mail your payment to us at your convenience.
No matter how you choose to pay, DoverPhila is here to help you stay on track—your way. Have questions or need help setting up a payment method? We’re just a call, text, or click away.
Skip-A-Payment
The unexpected is part of life. When it happens, our Skip-a-Payment benefit affords members to defer a payment until the end of the loan. To be eligible, the member account must be in good standing with at least 12 months of payment on the loan and haven’t exceeded the number of skips permissible for the life of the loan. This benefit can be applied to auto, personal, share/certificate, and recreational loans. A $35 fee will be applied and all borrowers must sign for the benefit to take effect. Skipped payments process within 24 hours. All eligibility requirements apply.
Youth Share Accounts – DP’s Kids Club
For Kids Ages 12 & Under
Start Smart with DP’s Kids Club
Give your child a head start on a financially savvy future! Early education is key to building lifelong money management skills—and with DP’s Kids Club, learning about money is both fun and rewarding.
When children join the club, they’ll open their very own share account and begin to understand the value of saving. Designed for kids age 12 and under, this special account encourages good financial habits through hands-on learning, exciting incentives, and engaging activities.
DP”s Kids Club Benefits
- Fun Gifts– Kids receive a postcard in the mail each quarter with an incentive to save their money.
- Membership Card – The official club membership card – kids love them!
- Exclusive Savings – Certificate Accounts with low $250 minimum balance*.
- Games & Contests – Quarterly contest with cash prizes.
- Quarterly Newsletter – Credit union news and money facts tailored specifically to kids.
- Special Events – Youth Week, always the last full week in April, celebrates our youngest members with a bonus on deposits and fun giveaways.
- Financial Tools for Kids – Education is the key to success. Club activities and tools are designed to help kids learn money management.
- Access to Banzai – An award-winning, online financial literacy program that allows members to discover real-world finances through “learning by doing.”
- And More!
Open a DP’s Kids Club account today!
Help your child start strong with smart saving habits. Just bring their Social Security card, birth certificate, and a $5.00 deposit to any DoverPhila branch to open a DP’s Kids Club account.
Already have a share account for your child? You can still enroll them—no extra deposit needed. (Custodial accounts require a separate Kids Club account.)
At age 13, their membership automatically grows with them, converting to our DP Savers Club to continue their financial journey.
*Only available to DP’s Kids Club and DP Savers Club accounts. Click here to view Account & Service Fees.
Not-For-Profit Account
Discover how DoverPhila's not-for-profit accounts empower your organization's mission.
As a not-for-profit credit union, we appreciate the unique governing structure of not-for-profits, their need to keep expenses in check, and their desires to show results for programming. For that reason, our not-for-profit account offers all of the great features and benefits of our business checking account, but without the monthly service charges (waived for qualified 501c3, not-for-profit organizations).
Why choose DoverPhila for your not-for-profit?
- Member-Centric Focus: We prioritize our members over profits, ensuring your organization benefits from lower or no fees and personalized member service.
- Community Commitment: We are dedicated to supporting the communities we serve, including not-for-profit organizations that make a positive impact.
- Secure and Trustworthy: Your funds are federally insured by the NCUA, providing peace of mind and security for your organization’s finances.
Account Features:
- No minimum balance.
- No monthly service charges**.
- Free overdraft protection from your savings account.
- Unlimited transactions check writing*.
- Digital check images through online banking.
- Receive a debit card with access to ATMs.
- Access to online banking, mobile banking, eStatements, paper statements, and PAL.
