Home Equity Line of Credit (HELOC)
It's not a regular loan. It's a cash reserve that you can call on over and over, whenever you need it. Pay for your dream kitchen. Cover unexpected costs. Consolidate high-interest debt. Or do all of the above.
It's not a regular loan. It's a cash reserve that you can call on over and over, whenever you need it. Pay for your dream kitchen. Cover unexpected costs. Consolidate high-interest debt. Or do all of the above.
Applying for a HELOC or IO-HELOC at Michigan Schools and Government Credit Union is a quick and easy process. We can hold the closing at your home, your place of business or wherever is most convenient for you. Another advantage is that interest paid on the loan may be tax deductible. Consult your tax advisor for more details.
* Rates may vary, based on term, credit history, collateral, and whether this loan will serve as a first or second lien. Variable rates are tied to market index (or prime rate), not to exceed 18.0% APR. Third party fees paid by MSGCU to be reimbursed up to $500 if line of credit is closed within 36 months of loan opening. Michigan properties only.
Members and communities are at the center of everything that we do. You have goals to reach and dreams to achieve, and we are here to help you prosper.