Put Your Home’s Equity to Work
Your home equity can help you do more – from summer projects and repairs to travel, major purchases, or larger planned expenses.
For a limited time, MMFCU is offering two home equity options designed to help you choose the borrowing path that fits your needs.
HELOC Summer Special
With a HELOC, you can access funds as needed – ideal for home improvements, repairs, or expenses that may evolve over time.
Limited-Time Offer
1.99% APR* for the first 3 months
Fixed-Rate Home Equity Loan Summer Special
Receive a lump sum upfront with predictable monthly payments and a fixed rate for the full loan term.
Limited-Time Offer
0.5% off the published fixed rate**
Gift Card Incentive
When funds are distributed into a MMFCU share draft accounts within 30 days of opening, eligible borrowers may receive:
- $10,000 – $49,999: $50 gift card
- $50,000 – $99,999: $100 gift card
- $100,000 or more: $250 gift card
*APR = Annual Percentage Rate. The introductory 1.99% APR is available for the first 3 months from the date of HELOC distribution. After the introductory period, the APR will adjust to the standard variable rate as disclosed in your account agreement. Offer valid for applications received and funded between June 1 and July 31, 2026. To qualify for the digital gift card, funds must be distributed into an MMFCU share draft account within 30 days of HELOC opening. Gift card amount is based on the initial distribution amount. Limit one gift card per HELOC. Offer may be withdrawn at any time. No other discounts apply. Credit and income requirements apply. Loan approval is based on individual creditworthiness, including credit history, income verification, and ability to repay. Terms and conditions apply. All loans subject to approval. Consult your tax advisor regarding the deductibility of interest. For Kasasa Cash Back, see the Kasasa Truth in Savings disclosure for full details on qualifications, limits, and rewards. Insured by NCUA.
**The 0.50% rate discount applies to the standard published fixed home equity loan rate at the time of application and is available for applications received and loans closed between June 1 and July 31, 2026. The discounted rate applies for the full term of the loan. The digital gift card value is based on the original loan amount. Limit one gift card per loan. Offer may be withdrawn at any time and may not be combined with other rate discounts or promotions. Credit and income requirements apply. Loan approval is based on individual creditworthiness, including credit history, income verification, and ability to repay. Terms and conditions apply. Origination fees may apply. All loans subject to approval. Consult your tax advisor regarding the deductibility of interest. For Kasasa Cash Back, see the Truth in Savings disclosure for qualification requirements, limits, and rewards. Insured by NCUA.
More Flexibility. More Possibilities. More Value from Your Home.
A HELOC allows you to borrow against the equity in your home, giving you a flexible line of credit you can use as needed. It’s an ideal solution for home renovations, education costs, debt consolidation, vacations, unexpected expenses, or long-term financial planning.
As a member, you can take advantage of a special 1.99% APR introductory rate on a Home Equity Line of Credit (HELOC) for the first 3 months.
Borrow what you need to pay for home improvements, education, debt consolidation, vacation, or any other spending plans you may have.
Home Equity Loan
A Home Equity Loan (HELoan) allows you to borrow money in one lump sum payment with fixed interest rates and a set repayment period.
- Borrow up to 80% of your home’s value
- Fixed interest rates
- Terms from 0 – 20 years
- Low closing costs
Home Equity Line of Credit
A Home Equity Line of Credit (HELOC) is a line of credit available whenever you need it, similar to a credit card but with better rates. Since it is a revolving credit line you can use it, pay it off, and use it again.
- Borrow up to 80% of your home’s value
- Access to funds anytime, anywhere
- Payments change based on borrowed balance
- Low, adjustable interest rates
We also give you the option to move a portion of your HELOC into a fixed rate Home Equity Loan.**
*APR = Annual Percentage Rate. The introductory rate is fixed and will remain the same for the first 3 months from the loan closing date. The interest rate is based on borrowing up to 80% of the value of your home. Upon expiration of the introductory rate, your rate will automatically revert to the Prime Rate, as published in the Wall Street Journal on the last business day of the month, minus 0.25%. This is a variable rate loan – your rate may change over the life of the loan. Hazard insurance is required. Flood insurance may be required subject to flood certification. The maximum APR is 18%.
**At anytime you may convert your line of credit balance into a fixed rate home equity loan. You must leave at least a $10,000 line of credit open to avoid any costs of converting. Fees may apply if your entire line of credit is closed and discharged. Your rate upon switching to a fixed rate will be set at MMFCU’s current rate on a home equity loan with a similar term.
