Let your home lend a hand
Use your home's equity to open a line of credit for ongoing expenses, like renovations, purchases, or financial flexibility.
Up to 90% LTV
Up to 90% loan to value (LTV) on primary or secondary residences.
High line of credit
Up to $400,000 for primary or secondary residences.
Flexible fund withdrawal
Access funds in full or in part for immediate or future needs.
Interest-only period
Pay only interest for the first 60 months, and the remaining balance over the next 180 months with principal and interest payments.
Investment properties
Up to 80% LTV and up to $50,000 in equity access on investment properties.
Expert local support
From origination through the life of your loan, we provide a high-success, low-stress experience.
Calculate your monthly payment
Monthly Payment
Unmatched financial flexibility
Draw from a HELOC as needed, up to a maximum amount. Use as much or as little as you want— you only pay on the current balance.
For whatever life brings
A HELOC is great for ongoing, variable expenses like home improvement projects. Draw what you need, when you need it.
Trust is a top reason members choose Members Mortgage.
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1
Complete an application
Apply online, by phone, in person, or through video banking.
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2
Get approved
We'll crunch the numbers and let you know if you're approved.
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3
Use the funds
Draw on your line of credit to pay for ongoing expenses.
Have questions? We're here to help!
Use your equity flexibly
A HELOC provides funds you can draw from for ongoing expenses. Pay only on the balance you use and stay in control of your finances.
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*MCCU lends to Minnesota and Wisconsin residents only and property used for mortgage security must be within the states of Minnesota and Wisconsin. Membership and loan approval is required.
Home Mortgage Disclosure Act Notice
The HMDA data about our residential mortgage lending are available for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, and income of applicants and borrowers; and information about loan approvals and denials. Inquire at any branch office regarding the locations where HMDA data may be inspected.
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