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NCUA logo image.Your savings federally insured to at least $250,000 and backed by the full faith and
credit of the United States Government. National Credit Union Administration, a U.S. government agency.

© MCU 2012. All Rights Reserved. Meadows Credit Union, 3350 Salt Creek Lane, Ste. 100, Arlington Heights, Illinois 60005
Hours: Monday through Friday: 8 am - 6 pm; Saturday: 8 am - 1 pm
Outside Chicagoland: 800.662-2772


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""  Need help? Call us at 800.662.2772

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home Equity Loan Rates, view all rates image. Home Equity Loan image link. Rates Link image.

 

Need money for a large, one-time expense?

 

An MCU Home Equity Loan lets you borrow a specific amount all at once, with a payment and rate that do not change.

 

Need flexibility to pay ongoing expenses?

An MCU Home Equity Line of Credit fits the bill. Use it to pay ongoing bills like a major remodeling project or college tuition.

 

There is no smarter way to borrow money than a Home Equity from MCU. Home equity is the difference between the value of your home and the amount of your mortgage loan. Whether you choose a loan or line, or need help deciding, MCU is here to help you put your home's equity to work.

 

Tools & Resources

 

Ways to Use an MCU Home Equity Loan or Line

 

Application

Are you ready to apply? You can submit your application online. If you have questions or need help deciding which home equity option is for you, please call us at 800-662-2772 or stop by our lobby.

 


1 Illinois residences only. Rates subject to credit criteria. The lowest fully indexed Annual Percentage Rate(APR) on variable rate home equity lines of credit as of April 14, 2010 is 4.00% for lines of $100,000 or more with a loan-to-value ratio of 85% or less. The APR on variable rate lines is indexed to the Prime Rate as published in The Wall Street Journal, and may increase or decrease. Prime was 3.25% as of April 14, 2010. The APR can not increase by more than 7.000 percentage points above the initial rate. There is a $35 annual fee on lines of credit. Always consult your tax advisor about the deductibility of interest.

 

MCU Home Equity: Unlock Your Dreams

""  Need help? Call us at 800.662.2772

3 Ways to Apply for an MCU Home Equity Loan

1. Fill out a secure online
    application

2. Call 800-662-2772

3. Visit MCU

 


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