Apply for your Home Equity Closed-End Loan online

For a limited time get an extra $100** on Home Equity Closed-End Loans of $5,000 or more.

Complete application below to obtain your home equity loan. If you have any questions, contact us and one of our Michigan-based credit union representatives will assist.

Current MSGCU members, please log in to complete your application.


*$100 Cash Back Loan Incentive.

Promotion Timeframe: August 3, 2020 – November 30, 2020

The $100 incentive may be earned on qualifying loans. Loan applications must be completed by November 30, 2020 and closed by January 20, 2021. Eligible loans include new or used purchase, refinance from another lender, and refinance existing MSGCU loans with an increased balance of $5,000 or more. Minimum $5,000 new money (or additional equity for existing direct MSGCU loans). Excludes MSGCU loans that were financed through a dealer and loans that already received an incentive during this campaign. Loans subject to credit qualifications and approval.

Eligible loans requiring a $5,000 minimum balance: New Auto, Used Auto, Unsecured (fixed), College Degree New Auto, College Degree Used Auto, New RV, New Boat, New Motorcycle, New Power Sport, Used RV, Used Boat, Used Motorcycle, and Used Power Sport.  Home Equity loans require a minimum $10,000 on closed-end first lien home equities and for Michigan properties only.

Tax Information: The incentive cash payment ($100) is considered interest and will be reported on IRS Form 1099-MISC, to federal, state, and local tax authorities, if required by applicable law, and the member is responsible for any taxes due.

APR=Annual Percentage Rate. Subject to credit approval. APR may higher, based on term of loan, credit score, collateral, and loan to value. Requires Automatic Loan Payment transfer.  See Loan Rates for loan rates and terms.

†Auto Rate Pledge Program.
Example: A loan amount of $15,000 at 2.24% APR for 60 months would have an approximate monthly payment of $264.51.Discount of 0.25% off current rate available on auto loans currently held with another financial institution. Discounted rate cannot be lower than MSGCU cost of funds. All loans subject to approval. APR may be higher, based on term of loan, credit score, collateral, and loan to value. MSGCU as low as rate requires Automatic Loan Payment transfer. Current MSGCU auto loans not eligible. Loan terms up to 84 months, depending on model year. New money only. Rates are subject to change at any time. Same-day approval on most vehicle applications. Contact Member Service Representative for more details.

Member Referral Program

The following cash bonuses are available when members refer a new member.

  • For every new member you bring in, you'll receive $5 and they'll receive $5
  • For every new member you bring in who gets an auto or RV loan, you'll receive $25 and they'll receive $25*
  • For every new  member you bring in who obtains a mortgage, you'll receive $100 and they'll receive$100

 *$5,000 new loan minimum. Complete the referral form and pass it on to someone you know. The referred person should present the referral form at account opening or loan closing. For more information about the Member Referral program, contact an MSGCU representative.