Home Equity Loans
A MEFCU fixed rate Home Equity Loan gives you the security of knowing exactly how much your payments will be, and for how long. Your interest rate stays the same for the life of the loan. You always know next month's payment.
- Fixed interest rate
- Borrow up to 80% of your home's value
- Minimum loan $10,000
- Interest payments may be tax-deductible (consult your tax advisor)
- No prepayment penalty
To apply call 1-800-821-7280 (301-634-5100 in the Washington, DC area) to speak with a Home Equity Specialist.