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First Mortgages
Shopping for a Home? Shop Your Credit Union for the Loan.
You know Memorial Employees Federal Credit Union for checking and savings
accounts, auto loans, and many other personal financial services. But did you
also know we do home loans? We are your single source for all manner of mortgage
financing, whether you’re interested in FHA, VA, conventional, adjustable rate,
or other loan programs. We offer more than 150 different loans, so chances are
we have one just right for your financial objectives.
Click here for all your loan options or to
apply for your loan and get your loan decision is minutes, not days, not
hours, minutes!
Fixed Rate Home Equity Loans
Your best source of credit may be the equity in your home. A
second mortgage/home equity loan can be used for almost anything you need,
whether it be for home improvements, education expenses, or medical expenses.
Not only is the interest rate lower these loans than on most other types of
loans, but the interest may also be tax deductible (consult a tax professional
about deductibility).
Our Fixed-Rate Home Equity Loans feature:
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Fixed Low Rates |
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Low Closing Costs - MEFCU
will pay 50% of the standard closing costs
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More Buying Power -
Borrow up to $60,000 based on the equity in your home
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Tax Deduction - The
interest on your second mortgage may be fully tax deductible (See your
tax advisor for details) |
Home Equity Line of Credit
Eliminate those large credit card bills, finance your child’s education, or
start your own business by utilizing the equity in your home. A home equity line
of credit will provide you with a line of credit tied to prime for the life of
the line.
Our Home Equity Lines of Credit
Loans feature:
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Low rate - Prime rate +
0% |
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No
Closing Costs |
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Credit Line open for 10
years |
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Credit Limits to $100,000 |
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Each time an advance is
obtained, we will recalculate your payment for a 15-year repayment. |
There has never been a better time to tap into the equity in
your home!
Call or stop by your
convenient branch or
click here for more details for complete details!
Click here to apply today and pay no application fee.
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