With a LMCU MaxEquity Fixed Loan, you can trade in those high-rate payments, such as credit cards and appliance financing, for something that’s easier on your budget.
Here’s how it works:
A fixed loan lets you borrow a lump sum of money for a set purpose—like paying off your credit card debt. So instead of struggling to keep up with high interest rates, you get a great, low fixed-rate, regular monthly payments, and terms that fit your needs.
- Borrow up to 95% CLTV
- A consistent monthly payment
- Terms from 5 to 15 years
- No fees or out of pocket costs in most cases
Get started today! Call (616) 301-8899, or visit LMCU.org/MaxEquity to apply.
**Annual Percentage Rate (APR). Home Equity Fixed Loan Rates quoted are available on new home equity terms opened on or after 7/1/18 to well qualified borrowers and assumes automatic payment from LMCU checking account. Your rate may vary based on your specific credit profile, the term of your loan, and your applicable combined loan-to-value ratio (CLTV). Conditions and restrictions apply. Subject to credit approval. All payments quoted assume minimum credit score of 720 and a CLTV under 80%. Rates are fixed and will not exceed 12% APR. ***Payments on a Fixed Home Equity loan of $20,000 at 4.49% fixed APR, will pay 60 monthly payments of $372.82. Homeowners insurance coverage is required. Minimum $5.00 membership required. Home Equity Fixed loans are available for homes located in Michigan and limited counties in Florida. Fees may differ in Florida. Call for details. LMCU NMLS# 442967.