When it’s time to finance major needs, such as education or home improvements, look to your home equity for potential savings. Not sure if you have equity? If your home’s market value exceeds your outstanding balance, you’ve built up valuable equity that can be used for just about any expense.
And unlike an unsecured personal loan, a home equity loan typically offers a more affordable source of cash. Whatever your need, you can expect competitive rates and localized service that put you first. Not an MFed member yet? Join us and experience the benefits of an institution that truly empowers its members.
*Consult a tax advisor.