Consolidate debt, pay for your student’s college or make home improvements with our Home Equity Loans

With a LMCU Home Equity loan,* you can trade high interest rates, such as on credit cards, for something that’s easier on your budget. We offer two types of loans depending on how you want to put the equity in your home to work.

Home Equity Line of Credit (HELOC)

Use the current value of your home to borrow funds, make renovations, and increase the future value of your home. As you repay the balance, the money becomes available again, like a credit card.

• Borrow up to 90% combined loan to value (CLTV)
• No fees or out-of-pocket costs, in most cases

Fixed Home Equity

A fixed loan lets you borrow a lump sum of money for a set purpose, like putting your child through college or consolidating debt. Take advantage of low fixed rates with lower monthly payments and terms to fit your needs.

• Borrow up to 90% CLTV
• Various terms available
• No fees or out-of-pocket costs, in most cases

Contact us today at (616) 207-3240 to get started, or visit HomeEquity.LMCU.org for more information.

*Loans are secured by a lien against residential property only. Acceptable collateral are 1-4 unit owner occupied and second homes. Existing liens on the property willimpact the amount you qualify for. Subject to income and underwriting approval. Terms, loan amount maximums, and other restrictions apply. Call or see branch for details. LMCU NMLS ID #442967