Your savings federally insured to at least
$250,000 and backed by the full faith
and 
Need help? Call us at 800.662.2772
Need money for a large, one-time expense?
An MCU Home Equity Loan lets you borrow a specific amount all at once, with a payment and rate that do not change.
Need flexibility to pay ongoing expenses?
An MCU Home Equity Line of Credit fits the bill. Use it to pay ongoing bills like a major remodeling project or college tuition.
There is no smarter way to borrow money than a Home Equity from MCU. Home
equity is the difference between the value of your home and the amount of your
mortgage loan. Whether you choose a loan or line, or need help deciding, MCU is
here to help you put your home’s equity to work.
Tools & Resources
- MCU Home Equity Loan
- MCU Home Equity Line
- MCU for Your Home Equity
- Calculate Your Savings
- Potential Tax Savings
Ways to Use an MCU Home Equity Loan or Line
Application
Are you ready to apply? You can submit your application online. If you have questions or need help deciding which home equity option is for you, please call us at 800-662-2772 or stop by our lobby.
Please note MCU Home Equity Loans and Lines of Credit are only available to Illinois homeowners.
1 Home Equity Fixed Rate Loan: Your rate may vary depending on the home’s loan-to-value, your credit history, and checking relationship with MCU. An early closure release fee may be charged to recover all costs incurred in originating your loan if you close your account within 36 months.
Need help? Call us at 800.662.2772