|MaxEquity Line of Credit
||MaxEquity Fixed Loan
Need funds now and in the future?
A line of credit allows you to borrow against the
value of your home. This loan provides you ongoing access to funds once
you are approved. As you repay your balance, the
funds become available again for your use.
- No annual fee and no pre-payment penalty!
- Variable rates as low as 3.99% APR, tied to Prime.
- No additional underwriting or out-of-pocket costs.
Borrow up to 80% of your home's value!
A fixed loan lets you borrow a lump sum of money for a set purpose. Take advantage of a great low fixed rate with regular
monthly payments and terms to fit your needs.
- A consistent monthly payment.
- Terms from 5 to 15 years.
- Rates as low as 2.99% APR.
- No pre-payment penalty.
APR = Annual Percentage Rate as of May 30, 2016. Rate assumes auto-pay from LMCU checking account. Rates subject to credit qualification.
Your rate may vary depending on your specific credit terms. Home equity lines of credit and loans are only available for homes located in Michigan
and Collier and Lee Counties in Florida. Consult your tax advisor about the tax deductibility of interest. Borrower shall be responsible for any
appraisal and/or title insurance costs, if required. *Variable interest rate. APR will not exceed 12%. **The MaxEquity fixed loan requires a
minimum credit score of 720 to qualify for the 2.99% APR and the 80% CLTV. For example, on a $20,000 loan at 2.99%, you would make 60 payments