Home Equity Loans

Cash in on all your efforts to increase your home's value.

HELOC

12-month introductory fixed rate as low as 3.99% APR* then an ongoing variable rate as low as Prime minus 0.25%*

Cover major expenses without straining your budget

A MECU Credit Union Home Equity Loan is a great way to cash in on all your efforts to increase your home's value. Take advantage of low interest rates and flexible loan repayment terms to make home improvements, cover medical expenses, or consolidate debt by paying off higher-rate bills.

  • Single lump-sum loan payout
  • Fixed interest rate and loan payments
  • Loan amounts from $5,000 up to 90% of the equity of your home (appraised value minus the balance due on your mortgage and any outstanding liens)
  • Variety of loan repayment terms up to 15 years1

Banking with MECU Credit Union in Maryland means belonging to a local financial institution that invests in the Baltimore community and offers competitive rates on home equity loans and other home lending products.

Money Market Account
Grow Your Balance with Higher Rates

Earn more on higher balances while keeping your funds accessible.

Tap into your home's equity.

1 See rate and payment examples.