Home Equity Line of Credit

Your home is often the most valuable asset you have; why not put it to good use by applying for a low-interest Home Equity Line of Credit?

• Convenient repayment plans through direct deposit and payroll deduction 

• Easily transfer from your available balance through Internet Banking or Mobile App. Transfer from your available balance on your Home Equity Line of Credit to your checking or savings account at the click of a button on Internet Banking or via our Mobile App. Minimum advance is $500.00.

We make it easy to apply using our simple online application. An MCFCU team member will work with you to finalize your loan.

Interest paid may be tax-deductible (consult your tax adviser). Please be aware that your payment may increase following each advance from your Home Equity Line of Credit. Your new payment will be recalculated on the last day of each month and based upon the balance, remaining term, and your current interest rate. You will receive a notice stating the new payment amount.

Not a guarantee of credit.