Home Equity Solutions

Home Equity Loans

Celebrate with us!

For our 75th Anniversary, we're offering a 0.75% rate discount on new home equity loans! That means you can apply for a fixed home equity loan with an APR of 5.24%*!

So if you're trying to consolidate your debt or make necessary home repairs or upgrades, now is a great time to  apply for a home equity loan!

This discount is available for a limited time only! It is only available for new money; not available for loans currently held at Mutual 1st.

When using the equity in your home for a loan, you can experience lower interest rates than many other financing methods like unsecured loans or credit cards.

Get your loan in one lump sum up front, with a fixed rate and payment for the life of the loan.

• Fixed, affordable payments
• Terms up to 15 years
• Easy payments using automatic transfers (ACH) from your checking account
• Home loans are secured by the value of your home
• Low cost loan payment protection available
• Interest may be tax deductible**

Home Equity Line of Credit

Access funds as you need them, borrow as much or as little as you need for recurring home expenses.

• 5.75% APR Introductory rate for the first 12 months
• 5-year draw period
• Access the funds as you need them with a cash advance; borrow as much or as little as you need from your pre-determined limit
• Repayment starts 30 days after funds are accessed
• Pay off your line of credit and use it again when needed
• Home equity lines are secured by the value of your home
• Variable interest rate, adjusted based on the current prime rate
• Interest may be tax deductible*
  

**Consult your tax advisor.