Home Equity Loans

Details

• Convert the equity in your home into cash
• Competitive rates for several short-term or one-time needs:
• Education expenses
• Major life events
• Home remodel projects
• Debt consolidation
• And much more
• The existing equity in your home is used as collateral backing
• Accommodating repayment terms that work uniquely for you
• The interest paid might be tax deductible¹
• Quick, local decision-making, processing and friendly service from start to finish

HELOC

Get flexible access to your home’s equity whenever you need it. A HELOC gives ongoing, affordable financing for life’s larger expenses — from home improvements and tuition to unexpected costs and everything in between.

Details:

• Competitive rates for a variety of ongoing or seasonal needs
• Borrow, repay, and borrow again without reapplying
• Interest paid may be tax deductible¹
• Quick, local decision-making, processing and friendly service from start to finish

Ask your Mortgage Loan Officer for details.

Home Equity Loan

Turn your home’s value into opportunity. Whether you’re consolidating debt, remodeling, or financing a major expense, a fixed-rate Home Equity Loan lets you borrow up to 100%* of your home’s value at a competitive rate — with predictable payments and local guidance every step of the way.

^* Up to 100% total loan to value available on MCCU held first mortgages; up to 90% total loan to value if held by another lender.

Details

• Fixed rates for one-time borrowing needs
• Access up to 100% of your home’s value
• Flexible terms to fit your budget
• Interest paid may be tax deductible¹
• Quick, local decision-making, processing and friendly service from start to finish

Ask your Mortgage Loan Officer for details.