LMCU Member News

Consolidate high-interest debt and potentially save thousands

Written by Lake Michigan Credit Union | Jan 1, 2020 2:00:00 PM

With a home equity fixed-rate loan starting at 4.49% APR*, you can consolidate high-interest debt–like credit cards and student loans— into one low monthly payment. You could save hundreds every month, equating to thousands in savings over the lifetime of the loan.

  • $0 closing costs (in most cases)
  • $0 fees and $0 down payment
  • Home equity line of credit option available with interest-only payments

To learn more or to schedule an appointment, visit HomeEquity.LMCU.org, call (866) 294-3153, or stop by your local branch.

 

*APR=Annual Percentage Rate. Home Equity Term Fixed Rate of 4.49% is available for a 60 month term. Rate is for new home equity term loans opened on or after 10/1/19. The rate is subject to approval and underwriting conditions, so your rate may vary. All home equity loan products are available for well qualified borrowers and assume auto payment from a LMCU checking account. All home equity loans are available in Michigan and Florida. Contact LMCU for additional details and stipulations.