Home Equity Solutions
Starting a home remodeling project? You may be able to use a home equity loan or home equity line of credit to finance your home improvements!
When using the equity in your home for a loan or line of credit, you can experience lower interest rates than many other financing methods like unsecured loans or credit cards.
*Consult your tax advisor.
Cash-out Refinance Details: TERMS UP TO 180 MONTHS AVAILABLE. *APR = Annual Percentage Rate. APR is accurate as of 9/4/18. For a $75,000 loan at 4.84% interest rate for 180 months with a $200 origination fee and loan-to-value of 75% or less will have a 4.89% APR and a monthly payment of $589.25. Add .25% to the rate for payments that are not deducted from a Mutual 1st Federal account with direct deposit. Your APR will be based on characteristics of your credit transaction, including borrower credit rating, loan to value, property type, and term. Rates are subject to change. Property insurance is required. Payments do not include taxes and insurance premiums. Cost of appraisal not included. Offer applies to owners who occupy a single family residence.