Home Equity Line of Credit

The convenience of anytime access and continuing source of funds can be used for debt consolidation, home improvements, education costs, wedding expenses, vacation plans and most any other purpose.

Features:

  • Borrow up to $250,000 (up to 80% current home LTV*)
  • 10 year draw period
  • 20 year repayment period
  • Revolving credit line
  • Minimum monthly payment based on principal & interest due for the current balance
  • No pre-payment penalties
  • Convenient access to your money
  • Interest may be tax-deductible**

Additional Information

Home Equity Fixed Rate

Get the money you need in a convenient, single payout to cover debt consolidation, home improvements, medical expenses or most any other purpose.

Features:

  • Loans up to $250,000 (up to 80% current home LTV*)
  • Fixed terms of 5, 8, 10 or 15 years
  • No annual fees
  • Fixed-rate monthly payments
  • No early payment penalties
  • Interest may be tax-deductible**

Real Estate Loans

A Better Mortgage Starts Here.

Buying a home? Thinking about refinancing? Your mortgage is one of the biggest financial decisions you'll make. At METRO, you'll get competitive mortgage rates along with personalized service from a local lending team you already know and trust.

Mortgage Options
  • Purchase or refinance
  • Conventional mortgage financing
  • 10, 15, 20 and 30-year terms available
  • Competitive mortgage rates
  • Personalized, local service from start to finish
See What Today's Rate Could Mean for You

Mortgage rates change regularly. Contact our lending team for today's rates and to talk through the options available to you.

Call 847-670-0456, Ext. 2
Ask for Gabby for current mortgage rates or more information. We'll be happy to provide a personalized rate quote and answer any questions you may have!

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*METRO Federal Credit Union (NMLS #738073) is an Equal Housing Lender. All loans are subject to credit approval and qualifying requirements. Rates and terms are subject to change and may vary based on creditworthiness and other underwriting factors. APR = Annual Percentage Rate.