1. Personal
  2. Home Loans
  3. Home Equity Line of Credit
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Home Equity Line of Credit (HELOC)

Capitalize on the portion of your mortgage you’ve already paid off.

Use Your Home as Collateral

Benefit from the equity you’ve already built in your home to secure a great loan rate.

What Are Home Equity Loans or HELOCs Good For?

Savings

Consolidating Debt

Enjoy a lower interest rate and monthly bill while improving your credit rating.

House

Home Improvements

You can use your equity to make improvements that can increase the market value of your home.

Education

College Tuition

You can put your home’s equity towards investing in your child’s future.

Home Equity Line of Credit Rates

 

Home Equity Line of Credit

Type

Max. Amount

Max. LTV

Rate/APR*

*Home Equity Rate is variable and based upon Wall Street Prime rate.

Type

Variable Rate

Max. Amount

$850,000

Max. LTV

80%

Rate/APR*

Prime Plus

 

Apply for a HELOC

Apply Online
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Call us
866.URW.MFCU

Disclosures

Equal House Lender

*If you are applying for a pre-approval, purchase or refinance, an application deposit will be collected to cover the cost for the credit reports. This fee will be credited toward closing costs. We will accept your application online even if you are not currently a member. However, all borrowers on the application will be asked to qualify for membership. Prior to your loan closing, you will be asked to open a qualifying account. Residency restrictions apply. Cash out refinance transactions with LTV over 70% will be .75% higher than rates quoted. Paying off a home equity loan is considered cash out.