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Equity Loans:
 You've
worked hard to build up the equity in your home…now that equity
can go to work for you. Home equity loans can be used for all sorts
of things. You can renovate your home and increase its value. You can
replace your leaky roof. You can get a new car. You can pay for your
child's college education. The Possibilities are endless.
Midwest
Family FCU Offers: Fixed Rate Home equity loans & Variable Rate
home Equity Line of Credit
Home
Equity Loans - Fixed Rate
Lump-sum of money payable over a fixed term, security of a locked in
rate, consistent monthly payment. Ideal for large one-time expense such
as a major home improvement project, or consolidate high-interest credit
card debt.
| Maximum
length of repayment: |
60
months for 5 year loan
120 months for 10 year loan
180 months for 15 year loan |
We
offer a variety of terms and competitive
rates.
Home
Equity Line of Credit (HELOC) - Variable Rate
HELOC is like any other type of open-ended credit. You can borrow money
as needed up to the approved limit. You can borrow multiple times with
no additional closing costs. Uses are endless: unexpected expenses such
as medical bills, child's college education, vehicle purchase.
| Maximum
length of repayment: |
10
years repayment period after the draw period ends. |
Easy
Access: Advances can be made in office, via home banking, &
telephone teller, or by simply calling us
Check
out our competitive rates! |
