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Unlock your home's equity for...
A Home Remodel|Solar Panels|A Pool|Landscaping|Home Repairs|Whatever You Need

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A Members 1st Home Equity Loan allows you to tap into the equity in your home for any purpose you want. Add a solar system, remodel a kitchen, or even consolidate other high-interest rate debt into one low monthly payment. With a closed-end Home Equity Loan you will receive all proceeds of the loan on the funding date.

Upfront Funds

When your loan closes you’ll receive all of your funds upfront in one lump sum to access and spend immediately.
Credit Line

No lender origination fees

Members 1st does not charge origination fees for Home Equity Loans, which helps minimize your out-of-pocket expenses.
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No closing costs

Members 1st does not charge closing costs, which makes our Home Equity Loans affordable with little to no upfront costs.2
Two people celebrating all the money they've saved with no closing costs.

Flexible Rates and Terms

Fixed or variable rate options with terms up to 20 years allows you to decide the right monthly payment for your budget.
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Easy Application

Complete your application and submit any necessary documentation entirely online without having to visit a branch.
Easy Application

Additional Loan Features

Tax Deductions

Consult your tax advisor for potential tax-deductible interest. Members 1st Credit Union does not provide tax advice.1

Automatic Payments

Set it and forget it. Never miss a payment again with automatic payments from any checking account.

Award Winning

Regularly voted Best Bank/Credit Union in the North State. See our Awards page for full details.

Management Made Easy

Access loan details, payment setup, statements, and tax information from your desktop, tablet, or mobile device.

Custom Rate Quote

Get a custom rate quote online or by phone, tailored just to you, to meet your personal financial scenario.

Bank with a Credit Union

Experience the difference of banking with a local, community-owned, not-for-profit credit union, where our profits are returned to you.

Frequently Asked Questions

How much can I take out in a Home Equity Loan?
Are there any limitations on a Home Equity Loan?
How is this different from a Home Equity Line of Credit?


Fixed and variable rates to meet your needs.

Home Equity Loan Rates

APR* as low as

Home Equity Loan

20 Years

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Home Equity Loan

20 Years

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View Rate Sheet

1. Consult your tax advisor. Members 1st Credit Union does not provide tax advice.
2. If a full appraisal is required by the credit union, the borrower will be responsible for this fee. The no cost program is only available one time per member and not available when refinancing an existing credit union loan.

Maximum loan term is 20 years (240 months). Minimum financing is $20,000. Maximum financing is 80% combined loan-to-value. The variable rate can change annually based on the 6-month Treasury-Bill (final week auction). The APR cannot increase more than 2% annually and no more than 6% above the initial rate.

This page contains disclosures that have been provided for your information. Please print or retain a copy for your own records. Members 1st Credit Union will acquire a security interest in your dwelling. The loss of the dwelling may occur in the event of default. Under certain conditions, Members 1st Credit Union may terminate the plan and require payment of the outstanding balance in full in a single payment and impose fees upon termination; prohibit additional extensions of credit or reduce the credit limit; and, as specified in the initial agreement, implement certain changes in the plan. You may receive, upon request, information about the conditions under which such actions may occur.

Apply now or speak with one of our loan officers at (800) 303-3838.
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