Home Equity Loans
Our annual Home Mortgage Disclosure Act statement is available for inspection. This statement shows the geographic distribution of our residential mortgage and home improvement loans. For information on how you may inspect the statement inquire at FEDCOM CU, 150 Ann Street NW, Grand Rapids, MI 49505.Use the equity in your home to consolidate debts, do home improvements, buy a vehicle or for any other reason you can think of. Please contact the loan department at email@example.com with any questions. NMLS# 807310
Home Equity Installment Loan
FEDCOM Credit Union has two great Home Equity loan options. Our Home Equity Installment loan is a loan made for a specified amount and term of repayment. And, if the loan amount is for $10,000 or more FEDCOM Credit Union will pay the closing costs.
Home Equity Line of Credit (HELOC)
Our Home Equity Line of Credit loan is a loan set with a maximum line of credit. All you have to do to add cash to the loan is write out a check or just give us a call and we'll be glad to transfer the money to the account of your choice.
*Home Equity Loan interest may be tax deductible; check with your tax professional to find out if your situation applies.