
Let the home that you have worked so hard for start working for you. Did you know that a home equity loan or line of credit can be used for just about anything? If you need cash for home improvements, a new car, education, vacation or life's unexpected expenses, look into a great financing option right under your own roof.
Home Equity Loans
MVFCU offers a Fixed Rate Home Equity Loan product that offers a one time advance for a specified amount, resulting in the same payment amount for the life of the loan. A Fixed Rate Home Equity Loan is ideal for a large, one time purchase or project.
- Finance up to $500,000
- Loan to Value up to 90%
- 3 - 15 year financing terms
Home Equity Lines of Credit
When you take out a line of credit, you have access to the cash you need, when and where you want it. Borrow as much, or as little, as you need. For example, if you're doing home renovations, you can borrow as you go instead of taking out one lump sum.
- Finance up to $500,000
- Loan to value options between 80 % - 90%
- Adjustable rate based on the Prime Rate
- No appraisal fee for loans under $250,000
Call on an experienced Lending Team Member at 1-800-356-0067 or visit our Rates page to learn more.