A simple way to unlock your equity

Looking to remodel your home? Put in a pool? Pay for a vacation? Pay for a college education? Consider our Home Equity Loans or Home Equity Lines of Credit (HELOCs) to pay for any of these or other spending plans you may have. You can enjoy a low rate and and flexible payment terms. To learn more about our Home Equity Loans or Lines of Credit, give us a call at 800.940.9466 or send us an email.

Home Equity Loans

If you like the stability and comfort of fixed rates, terms, and monthly payments, our home equity loans could be the right fit for you. We have low closing costs, and you can apply online. Check out our super low rates!

Home Equity Line of Credit (HELOC)

If you want to have a line of credit available to use whenever you need it, you’re probably interested in our home equity line of credit (HELOC). There are no appraisal fees, annual fees, title fees, or application fees (some closing costs may be incurred depending on the location of the property). Save time and apply online┬átoday.

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.