Home Equity Loans

• Introductory rate of 1.99% for Home Equity Line of Credit for the first 6 months, now through June 30, 2013
  
• Up to 100% Loan to Value
  
• Faster Approvals - In seven days or less
  
• MC EFCU pays all closing costs in exchange for a $10,000 draw and a 3-Year minimum period that the loan is open
  
• Loans available for homes in MD,VA, WV, PA and DE

Want the ease and convenience of using the value of your home’s equity whenever you want, then chose MC EFCU’S:

Equity Direct - Home Equity Line of Credit

MC EFCU’s - Variable rate Home Equity Line of Credit.

• Rates as low as 3.49%¹
• Credit lines based on up to 80% of the current value in your house minus the first mortgage
• Terms up to 20 years
• Minimum loan $10,000 - no maximum
• Home Equity Line Check-Writing Access
• Repayment through Payroll Deduction
• Potential Tax Savings³

Or if you want the security of a knowing your interest rate won't change over the term of the home equity loan, then chose MC EFCU’S:

Fixed Rate – Home Equity Loan

MC EFCU’s – Fixed rate Home Equity Loan

• Rates as low as 5.50%²
• Credit lines based on up to 80% of the current value in your house minus the first mortgage
• Terms from 5 to 15 years
• Fixed term with a fixed limit
• Minimum loan $10,000 - no maximum
• Repayment through Payroll Deduction
• Potential Tax Savings³

Whatever your decision is, MC EFCU has the right Home Equity product for you.

To apply for a Home Equity Loan click here.

Or call our Home Equity Department at 301-279-1964 (ask for Mary Waterman) to get your application process started today!