At M1, we empower you to leverage your home equity with flexible financing options tailored to your needs. Our Home Equity solutions provide the freedom to pursue your goals, whether it’s enhancing your living space, managing expenses, or investing in opportunities. Experience a straightforward process designed to help you achieve your financial aspirations while making the most of the equity you’ve built in your home.
A Home Equity Loan or line of credit will allow you to borrow money secured by the equity in your home. A Home Equity Loan from M1 is the convenient way to tap into the savings you have worked so hard to build. Our Home Equity Loans give qualified members affordable financing to get those improvements done. If you need financing to get your home into shape, or for any other qualified expense, an M1 Home Equity Loan is for you!
Apply Today for a Home Equity Loan
| HomeLine vs HomeFix | HomeLine (Home Equity Line of Credit) | HomeFix (Fixed Home Equity) | HomeLine Special |
|---|---|---|---|
| Type of Interest | Variable-Rate | Fixed-Rate | Fixed Rate until January 1, 2027 |
| Repayment Term | Up to 14 years | Up to 12 years | Up to 14 years |
| Payout | Revolving Credit | Lump Sum | Revolving Credit |
| Best Rate* | 7.99%* | 6.00%* | 5.99%* |
| Best For | Intermittent cash needs over a number of years | Debt Consolidation, major renovation costs | Intermittent cash needs over a number of years |
* All Rates Quoted as APR (Annual Percentage Rate)
*Restrictions Apply
*Your rate may be higher based on your specific CLTV and term
