Put The Equity In Your Home To Good Use

Need money for a remodel, pay credit card debt, to go on vacation, or even to buy a second home? A home equity loan can be your answer

Low Interest Rates On A HELOC

Metro Credit Union is proud to offer some of the lowest HELOC rates in all of Springfield. Get more out of your HELOC

Invest In Your Investment With A Home Equity Loan

A home equity loan allows you to use your earned home equity to improve your home. Speak with one of our specialists for full details

Home Equity Loans & HELOCs At Metro Credit Union

Looking for an easy way to borrow money using the equity value of your home? A home equity loan with Metro Credit Union is a simple and easy way to borrow money. If you are looking for a different way to borrow, consider the flexibility of a home equity line of credit, or HELOC. Our experienced team of loan professionals will help you secure a loan or HELOC with competitive interest rates to help you pay for whatever life may throw your way.

What Is A Home Equity Loan

A home equity loan is a loan that is borrowed against the paid value of your home. This means that even if you are still paying off a mortgage, you can take out a loan using the amount you’ve already paid off, known as equity, as collateral.

WHAT IS A HELOC

Similar to a home equity loan are HELOCs, or a home equity line of credit. Like home equity loans, HELOCs allow you to borrow money against the equity value of your home. Unlike a home equity loan, a HELOC allows you to borrow money as you make purchases, similar to a credit card. As you pay off the HELOC, your buying power is replenished.

A home equity loan from Metro Credit Union in Springfield MO can help provide you money from your accrued equity.

Benefits of a Home Equity Loan with Metro Credit Union

A home equity loan allows you to take advantage of your home’s value without having to sell it. HELOCs are similarly useful for using the equity in your home as collateral for a revolving line of credit. The benefit of a HELOC versus a credit card is that you can expect lower interest rates, with the same immediate benefits. Additionally, you will be able to borrow as much or as little as you need over time, allowing for full flexibility when needed.

A huge benefit of getting a home loan from Metro Credit Union are the low interest rates we can offer versus banks.

competitive interest rates

At Metro Credit Union, we are committed to finding the perfect interest rate on a home equity loan or HELOC to fit your financial needs. We are proud to offer low and competitive rates to all of our customers.

Different home loans required different down payments & our home loan specialists will work with you on your down payment.

generous loan amounts

We want you to be able to borrow as much as you may need. We offer financing for up to 90% of the appraised value of your home to ensure you have a larger amount of equity to borrow against.

Metro Credit Union has the ability to loan you up to 1.5 million dollars towards your new home, upon approved credit.

flexibility

Aside from the low interest rates we offer at Metro Credit Union, a home equity loan or HELOC allows you to borrow as much or as little money as you need.

The home loan team at Metro Credit Union is very experienced in completing all the required paperwork for your home loan.

experienced personnel

We have a team of financial experts who will work hard to ensure that you get the best terms for a home equity loan or HELOC. We are with you every step of the way, and help to ensure that the process is as transparent and stress free as possible.

When you get a conventional home loan from Metro Credit Union, you can manage your home loan online or from your phone.

online accessibility

We offer an online portal through the National Credit Union Association where you can stay up to date on your HELOC or home equity loan. This online access makes it easy to stay on top of payments and check your balance whenever you need and wherever you are.

Why Choose Metro Credit Union For A Home Equity Loan Or A HELOC

Metro Credit Union offers flexible options for both home equity loans and a home equity line of credit. We can help you finance for up to 90% of the appraised value of your home. Our team of loan experts are happy to assist you in finding competitively a low interest rate for your loan or line of credit. We can help answer any questions you may have about a home equity loan or HELOC, and we even offer an online portal to keep up with your loan every step of the way!

Community Connection

Metro Credit Union operates with a mission to serve their members and the Springfield community we belong to. By choosing to get a home equity loan with Metro Credit Union, you become part of a financial community dedicated to your financial success. The personalized service and community-focused approach set Metro Credit Union apart from traditional banks.

Competitive Rates and Low Fees

Metro Credit Union provides competitive interest rates on home equity loans and HELOCs. This allows you to save more money on your home loan versus getting a typical home equity loan or HELOC from a traditional bank. Additionally, Metro Credit Union typically offers lower fees, contributing to a more cost-effective loan experience.

Member Ownership

When you receive a home equity loan from Metro Credit Union, you become a member and part-owner of the institution. This member-centric structure means that decisions are made with your best interests in mind, fostering a sense of ownership and accountability.

Personalized Service

Metro Credit Union prioritizes building relationships with our members. The personalized service you receive when opening and managing a home equity loan or HELOC can make a significant difference. Our staff will take the time to understand your financial goals and offer tailored solutions.

Apply For A Home Equity Loan In Springfield With Metro Credit Union

Are you ready to take full advantage of the equity in your home? Fill out the form and let us know if a home equity loan or a home equity line of credit is the right choice for you. Someone from the Metro Credit Union team will be in touch shortly to assist you finding the right home equity loan or HELOC today!

Apply For A Home Equity Loan

Auto Rate:

5.74% APR*

CD Special:

4.59% APY*