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Home Loans

Home Equity Line of Credit at Members Exchange

A Home Equity Line of Credit can open all kind of doors to your future – it’s like having a universal key to your dreams. Need to make a home repair or renovation, want to take a family vacation, need he lp paying for educational expenses? A HELOC at Members Exchange may be right for you. Discuss your needs with one of our loan originators to learn more. To learn more about HELOCs, read our blog, What is a Home Equity Line of Credit (HELOC) and How Does it Work?

Use your Home Equity Line of Credit whenever for whatever!

Our Home Equity plan offers a discounted rate for the first six months, convenient check writing, and interest-only payment options for qualified lines.*

*For a limited time. 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 the total amount of closing costs paid by the credit union. Property must be owner occupied and located in the state of Mississippi.

Apply For a Home Equity Loan

Get Your Mortgage Started Today!

MECU is excited to partner with Prime Lending to offer loans to our members. Let us make the mortgage process easy; apply today! Read our blog about what you should know before getting a mortgage loan.

Apply For a Mortgage

First-Time Homebuyer Savings Account

Brand new in 2018, the First-Time Homebuyer Savings Account is a great opportunity for Mississippians to take advantage of tax savings while saving to buy their first home. Click here to read more about the First-Time Homebuyer Savings Account Program.

If you are interested or have questions about a Home Equity Line of Credit, contact a loan originator below.

Members Exchange Home Loan Originators

Name NMLS # Location Phone
Madison County
Kimberly Keen 533494 Main Office / Marketridge 601-923-4328
Angel Gaylor 2032573 Main Office / Marketridge 601-923-4355
Carla Simmons  1097053 Main Office / Marketridge 601-923-4386
David Broadaway 619395 Main Office / Marketridge 601-923-4317
LaDonna Jacobs 853415 Main Office / Marketridge 601-923-4361
Carol Maleigh Coffey 853398 Main Office / Marketridge 601-923-4312
Rankin County
Andrea M. Clincy 701544 Pearl Office/MetroPlex 601-923-4311
Ashley Hewitt 1925183 Pearl Office / MetroPlex 601-923-4381
Tamitra Sawyer 2281285 Pearl Office / MetroPlex 601-923-4396
Hinds County
Alexis D. McField 1163208 Byram Office/I-55 S Frontage 601-923-4380
Jebba Chease 853435 Byram Office / I-55 S Frontage 601-923-4323
Clancey Lambert 1104923 Byram Office / I-55 S Frontage 601-923-4363
*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 borrowers’ credit score. Interest rate reductions vary depending on the borrowers’ 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. Property must be owner-occupied, and the property must be located in the state of Mississippi. 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.