With a FlexChoice Home Equity Line of Credit you can get cash for home improvement, vacation, debt consolidation, tuition, books …YOU CHOOSE!
Get cash anytime, anywhere! Conveniently transfer funds directly to your
MC Federal checking or savings account OR ask about FlexChoice checks!
A FlexChoice loan from MC Federal gives you the flexibility of a line of credit and the certainty of a home equity loan. Unlike traditional line of credit products whose rates vary throughout the term, with the FlexChoice loan you can lock in segments of your balance at a low fixed rate with a fixed term. Any balance that you choose not to lock in will be subject to a variable rate. Once approved, you can draw on your credit limit for ten years and then you have 15 years to repay the remaining balance. Ask one of our loan officers about our low fixed segment rates!
|WSJ Prime Rate||4.00%|
|The flexibility of a line of credit and the certainty of a home equity loan.||Fixed rates "as low as" 3.50%|
Questions about a FlexChoice Home Equity Line of Credit? Contact Us
**APR = Annual Percentage Rate. LTV=Loan to Value. ARM=Adjustable Rate Mortgage. WSJ=Wall Street Journal. The APR is current as of [5/16/2022]. Rates are subject to change without notice. This rate varies based on Prime Rate published in the Wall Street Journal. Your rate on FlexChoice loans may vary from the rates above and will be determined by your credit score, term and property value. Other fees may apply. MC Federal Credit Union membership is required.