Rest easy with MECU's Total Protection Guarantee

Enjoy the flexibility to access your home's equity when you need it.


You can use the equity in your home to pay for home improvements, college tuition and more. With a home equity line of credit, you have control over what you want, when you want it. We currently offer home equity lines of credit in AZ, CA, FL, GA, IL, MA, NH, NY, PA, TX, and WI.  To view our full disclosure, click here.

• No annual fee
• No pre-payment penalties
• No closing costs (save up to $2,000) - except in FL, GA, and NY see full disclosure
• Interest-only option available
• 15-year repayment term
• The flexibility to borrow from $5,000 to $500,000
• Ability to borrow up to 100% Loan-to-Value
  (50-80% LTV for Texas residents)
• Possible tax-deductible interest (consult a tax advisor)
• Easy repayment with automatic transfers from checking or savings
• Competitive variable rate that adjusts quarterly
• Online access to your accounts
• Receive ½% rate discount if you’re an express advantage member.

The minimum initial advance is $5,000 and subsequent advances must be at least $500. (Subsequent advance for Texas is $4,000)

Self-help and Resources				Calculators and Tools
	What is the difference between a personal loan and a line of credit? Can I increase the line of credit on my home equity line of credit?				Help me determine how large of a line I may receive based on my home's value. Help me look at a variety of possible loans.

            Apply for a home equity loan
            Compare our rates to the competition
            List of all MECU fees

Maximum Annual Percentage Rate (APR) is 18%. The credit union makes loans without regard to race, color, religion, national origin, sex, handicap, or familial status.