For a limited time, MEFCU will pay up to $1,000 in closing costs on a home equity line of credit!*
Use your Home Equity Line of Credit whenever for whatever!
- Consolidate Debt
- Home Repairs
- Dream Vacation
- Pay for College
- Unexpected Medical Expenses
- Anything you want!
Our Home Equity plan offers a discounted rate for the first six months, convenient check writing, and interest-only payment options for qualified lines*.
Why Choose a HELOC?
A HELOC gives you the flexibility to borrow only what you need, when you need it—similar to a credit card, but with typically lower interest rates since it’s secured by your home. Whether you’re planning home improvements, covering education expenses, or simply want a financial safety net, a HELOC offers convenience and peace of mind.
Don’t Miss Out
Apply now or contact us to learn more about how a HELOC can work for you.
*MEFCU will pay up to $1,000 of closing cost fees associated with HELOC loans of at least $25,000 and a $10,000 minimum initial draw. If the HELOC is closed within 24 months from the opening date, the member must reimburse all closing costs. The property must be owner-occupied and located in the state of Mississippi. Promotion valid August 18 -October 23, 2026.
**Annual Percentage Rate (APR) is variable and may change quarterly. APR will be based on the Prime rate and may vary according to combined loan to value and borrower’s credit score. Interest rate reductions vary depending on the borrower’s credit score. Your APR will never be less than 4.00% or exceed 18.00% or the maximum allowed by law. Property insurance is required at the member’s expense. Minimum initial draw is $10,000 to receive discount rate. If the borrower is not a member, a $1 minimum deposit is required to join the credit union. Restrictions and limitations apply; call for details.
