Home Equity Loans

Use the equity in your home to consolidate debt, make home improvements, or take that dream vacation! There are several ways to utilize your home’s value, and the right home equity option depends on your situation and needs.

Sharing the "BEFORE" is half the fun! Finance your home improvement projects with a Home Equity Line of Credit. We also have fixed-rate Home Equity loans with low closing costs!
*$99 closing costs offer excludes the cost of a full appraisal, if needed. Minimum qualifying credit line of $5,000 and a loan-to-value equal to or lower than 85%. Other terms, restrictions and fees may apply for loans with a loan-to-value greater than 85%. An appraisal is required for loans with a loan-to-value greater than 85%. The range of costs for the appraisal is between $450.00 to $750.00, and the applicant is responsible for this cost. hoME1st Equity Line of Credit is an adjustable rate product and may adjust quarterly. Refinance of existing M1CCU loans not eligible. Subject to membership, credit and underwriting guidelines. Max. Annual Percentage Rate (APR) is 18%. The Index rate is the Prime Rate as published in the Wall Street Journal on the date, 60 days prior to any scheduled rate adjustment, plus a margin with a floor rate of 4.250%. The current fully indexed rate is 4.250% APR for a loan-to-value up to 85% & 4.750%APR for a loan-to-value up to 100% with a qualifying credit score. There are no annual fees: however, there may be an early termination charge applied if the line of credit is closed within 36 months of opening. Property Insurance required. Federally insured by NCUA, Equal Opportunity Lender, NMLS#461085

Know Your Options

Discover the benefits of utilizing the value in your home to help reach your goals!

  • Lower interest rates than other loan options
  • Potential tax deduction for interest paid
  • Home improvements
  • Renovations or build an addition
  • Pay for major expenses or life events
  • Home improvements
  • Debt consolidation
  • Enjoy a quick approval process
  • Sign your loan documents from any computer or mobile device with our Loan eSignature service. Ask for it with your next loan!


Home Equity Loan

Simplify your debt, transform your home, or get access to funds when you need them.

Schedule an appointment with a lender

Apply for a Home Equity Loan


A variable rate line of credit, allowing funds to be borrowed on an as-needed basis.

  • Use when you want to borrow from your line of credit as-needed
  • Competitive rate based on Prime Rate 
  • Repayment based on a 15 year term  
  • Borrow up to 100% loan-to-value ratio
  • View current HELOC rates 
  • Closing costs may vary  
  • No early payoff penalties  
  • Print a HELOC Information Sheet

Schedule an appointment with a lender

Apply for a
Line of Credit

Couple painting room

If a Home Equity Loan or Line of Credit is what you’re looking for, you’ve found the best place to get one!

Call us for current rates!