Don't let a major
expense wipe out your savings account - consider
tapping into your home's equity instead. With
potential tax benefits (consult your tax advisor)
and Michigan Educational Credit Union's
exceptionally low rates, Home Equity Financing is
the right choice for many members today. For a
complete list of current rates and terms,
click here.
Home Equity financing
is ideal for any major expense, including bill
consolidation, home renovations, dream vacations,
wedding plans, educational expenses and much more.
The possibilities are practically endless.
Choose from MECU's
variable rate Home Equity Line of Credit, with
monthly payments as low as $9.00 per thousand
borrowed, or our closed-end, fixed-rate Home Equity
Loan. Both programs feature competitive rates and
NO FEES or CLOSING COSTS. You can borrow $10,000 or
more, up to 100% of your home's market value (less
any amount owed on the first mortgage).
MECU would like to
thank you for considering us for your Home Equity
Loan or Line of Credit. If you have any questions,
please don't hesitate to contact us.
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