Whether it’s covering an emergency expense, paying for a college education or associated expenses, home improvements, or the desire to consolidate debt, you may be able to draw on your home’s equity for affordable monthly payments.
Apply Online - Individual Apply Online - Joint Print a Loan Application
You can email the completed application to HEprocess@mhcu.org.
Questions: Contact the Lending Department at 859.259.3466 x 7289.
Loan-to-Value Ratio Up to 100%
Competitive Rates
Flexible Payment Terms Up to 15 Years
Tax Deductible Interest Payments Possible*
No Annual Fee or Prepayment Penalty
Closed End, One-Time Advance
Members Heritage Home Equity Loans are secured by the equity in your property. Unlike a Home Equity Line of Credit (HELOC), which is a revolving line of credit (similar to a credit card), borrowers receive a fixed rate lump sum on which they begin paying off both the principal and the interest right away, over a set term of months.
If you want to learn more about Home Equity Loans and Lines of Credit, we offer this helpful home equity fact sheet.
Members Heritage offers other loans to meet your specific needs.
MHCU makes it easy to get the funds you need fast with our flexible, low-interest rate, Signature loan.
Looking to consolidate debt, make home improvements, pay for college expenses? Perhaps a HELOC is the right fit for you!
Buying a new car through MHCU is easy, affordable, and comes with member benefits you won’t find elsewhere.
