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Equity Line of Credit (HELOC)
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We
do business in accordance with the Federal Fair Housing Law and
the Equal Credit Opportunity Act.
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Home
Equity Line of Credit (HELOC)
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| What exactly is a Home Equity Line of Credit? It's a multipurpose loan option that allows homeowners the opportunity to borrow at very competitive rates and possibly gain valuable tax benefits. The maximum loan amount is based on the amount of equity in the home. | |||||
| Outstanding features and benefits of an MOECU HELOC: | |||||
| No Annual fee | |||||
| No prepayment penalties or points | |||||
| No closing costs | |||||
| Maximum equity line of $70,000 | |||||
| Apply by phone in minutes | |||||
| Interest up to 100% tax deductible (check with your tax advisor) | |||||
| Possible Home Equity Lines of Credit Uses - you are able to use your HELOC for virtually any purpose. Here are just a few ideas: | |||||
| Home Improvements | |||||
| Dream Vacation | |||||
| New Car, Boat or RV | |||||
| Debt Consolidation | |||||
| College Expenses | |||||
| Wedding Expenses | |||||
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