Fixed Rate Home Equity Lines of Credit

SMFCU offers fixed rate HELOC loans. Up to 7 years terms, with credit advances during the first five years of the loan. Appraisal and title opinion required. Tax valuation may be used in lieu of appraisals.

Should the member decide not to close the loan and an appraisal/title search has been performed, the cost of the appraisal/title search is to be paid by the member. All closing cost will be paid in full by member if loan is paid off before 36 months.

Up to 15 year payment amortization.

Home Equity mortgages are available for property located in Mississippi only.