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Home Equity Line of Credit

 

Whatever you need to GET DONE...you can do it with our low-interest Home Equity Line of Credit (HELOC)

  • Debt Consolidation
  • Home Improvements HELOC with CMCCU
  • College Tuition
  • Wedding Expenses
  • Vacation
  • Rainy day fund
  • The sky's the limit!

The HELOC rate is guaranteed for 5 years and adjusts every 5 years after that. There is a 10-year draw period and monthly payments are calculated based on a 15 year repayment. You only pay on what you borrow. A HELOC is a great safety net in case of big life events.

We also offer a home equity loan. For rates, please contact us at 586-466-7800 opt. 2.

Our home equity line of credit application is quick and easy. Call today to start the financing process.

Home Equity Line of Credit
Effective Date: May 1, 2017
APR*Type
As low as 4.000% APR Adjustable every 5 years
*A fully protected loan of $50,000 at 4.00% APR for 180 months would have a monthly payment of $370.00. Promotional rate is subject to change at any time without notice. Equal opportunity lender. NMLS #411386

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