Credit restrictions apply. Rates are subject to change without notice.
Buying a Home For the First Time? Enjoy the dream of home ownership with a MECU home loan!
Whether you’re looking for the perfect new home or want to re-finance your existing home, we are here to help. We offer fixed rate mortgages that finance up to 95% of the purchase price, or appraisal value if re-financed.
Call us or apply online today and one of our friendly loan officers will help you get started!
Your home has always been a source of comfort and security. Now turn those bricks into bucks!
The equity you’ve invested into your home can be a source of financing for a variety of purposes:
Our Home Equity loans are closed-end loans. MECU will finance up to 95% of your home’s appraised value, minus the balance of the 1st mortgage, and interest can be tax deductible. We also offer loans for investment property as well! You should consult a tax adviser for further information regarding the deductibility of interest and charges.
Call us or apply online today and one of our friendly loan officers will help you get started!
Need extra cash for a dream project or just want to consolidate your credit? Our HELOC loans can help.
With financing up to 95% of your appraised property value, minus what’s owed from the previous mortgage, and interest may be tax deductible. You should consult a tax adviser for further information regarding the deductibility of interest and charges.
Call us at 405-813-5550 today and one of our friendly loan officers will help you get started!
Click here for more information about HELOC loans! Click here for a HELOC application.
*Disclaimer: Rates as low as 7.50% APR. APR=Annual Percentage Rate. All Offers have a fixed rate. HELOC is a revolving loan with a draw period of 5 years and a repay payment period of 10 years. The minimum payment during the draw period is 1% of the outstanding balance. During the repayment period of ten (10) years, assuming a $5,000 balance at 7.50% APR your payment would be $59.37. The rate established at consummation is the maximum rate. HELOCs with loan balances at the maturity of the draw period would have a balloon payment due which will convert to a closed end 10-year term for the remaining balance. Offers and rates are subject to approval and are subject to change without notice. Approval and rates are based on an evaluation of the applicant’s credit and credit score at the time of application as well as the Credit Union’s general underwriting guidelines. Eligible Offers require a minimum of at least $5,000 in new money and have a maximum borrowing amount of $150,000. Right of Rescission may apply to any Offer. All Offers have a $500 origination fee due at the time of consummation. The borrower is responsible for real estate taxes and insurance on the property. Interest may be tax deductible (consult your tax advisor). Other home loan products, rates and terms are available at the credit union’s standard rates and fees. Other restrictions or conditions may apply. NMLS# 519899
No Equity, No Problem!
You can get up to $25,000 quick to remodel or improve your home. The Instacash 24 Home Improvement Loan has no lien on your home and no appraisal costs. Funds available in as little as 24 hours.
Apply online today or contact our Mortgage Dept at 405-813-5500 for more information!
Municipal Employees Credit Union
of Oklahoma City # 519899
Baker, Nikki NMLS # 2232066
Collins, Phil NMLS # 2606652
Cummings, John NMLS # 552159
Engles, Alisha NMLS # 552154
Farrell, Lisa NMLS # 812400
Hatfield, Adona NMLS # 2462293
Jonas, Rheannon NMLS # 756052
For error resolution or requests for information concerning your mortgage loan please write to:
MECU, 8812 S. Walker Ave., Oklahoma City, OK 73139. Attn: Mortgage Dept.
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MECU is not responsible for the content of the third party website and does not represent either the third party or the member should the two enter into any type of transactional relationship.
The link to this website is not an endorsement of this third party by MECU. The privacy and security practices of the third party may be different from that practiced by MECU. You should take time to review the privacy and security policies of any website before providing any information to any third party.
By clicking on this link you are being directed to a third party website that is not controlled or operated by MECU.
MECU is not responsible for the content of the third party website and does not represent either the third party or the member should the two enter into any type of transactional relationship.
The link to this website is not an endorsement of this third party by MECU. The privacy and security practices of the third party may be different from that practiced by MECU. You should take time to review the privacy and security policies of any website before providing any information to any third party.
By clicking on this link you are being directed to a third party website that is not controlled or operated by MECU.
MECU is not responsible for the content of the third party website and does not represent either the third party or the member should the two enter into any type of transactional relationship.
The link to this website is not an endorsement of this third party by MECU. The privacy and security practices of the third party may be different from that practiced by MECU. You should take time to review the privacy and security policies of any website before providing any information to any third party.
By clicking on this link you are being directed to a third party website that is not controlled or operated by MECU.
MECU is not responsible for the content of the third party website and does not represent either the third party or the member should the two enter into any type of transactional relationship.
The link to this website is not an endorsement of this third party by MECU. The privacy and security practices of the third party may be different from that practiced by MECU. You should take time to review the privacy and security policies of any website before providing any information to any third party.