LMCU’s $50,000 Home Makeover Sweepstakes is back and bigger than ever—with a $15,000 second place prize and a $5,000 third place prize.
With a home equity line of credit, you can turn your house into the home you’ve spent the last few months (or years) imagining.
Lake Michigan Credit Union (LMCU) is pleased to announce the launch of its eighth annual Home Makeover Sweepstakes, with a grand prize of $50,000, a second place prize of $15,000, and a third place prize of $5,000.
At LMCU, not even social distancing will stop us from having your back. Our home equity line of credit, starts at just 3.00% APR.* Borrow and spend money just like a credit card. Use the extra cash for any immediate needs, or pay off high-interest debt to strengthen your financial stability for the days ahead.
A home equity line of credit lets you borrow and spend money just like a credit card. But unlike a credit card, the interest rate is tied to the prime rate. With the prime rate at historically low levels you can access credit at a fraction of what most credit cards charge. Use the money for any immediate needs, or pay off high-interest debt.
To help make the homebuying process feel less like a process, we’ve broken it down into five essential steps.
Get pre-qualified to find out how much you can afford
During our initial conversation, you’ll tell us about your homebuying needs, and we’ll explain your options. We’ll review your financial information, including total assets and credit rating, to determine what amount you can qualify for.
Project by project, you’re slowly turning your fixer-upper into your dream home. With a home equity line of credit, you can purchase the tools and materials you need for your current project, and as you repay your balance, the funds become available again for your next project. Rates start at just 4.49% APR*** for well-qualified buyers. Learn more at HomeEquity.LMCU.org.