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Strength in Home Ownership.

A CME home equity loan is a great tool to help you make the most of not only your home, but your life. Borrow against the equity you’ve built up in your home, and use the proceeds for many things, from a home improvement to college education, a wedding, or much more. We have two ways to borrow using your home’s equity.

Closed-End Home Equity Loan

A closed-end home equity loan, offers a single lump sum that can help you consolidate high-interest debt, pay for a home improvement or much more.

  • Fixed Rate
  • 5 and 10-year terms
  • No Annual Fee
  • No prepayment penalty
  • Minimal closing costs
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Loan Calculator

Calculator is provided for educational purposes only. Contact CME to discuss loan options that fit your needs. See loan rates.

Monthly payment Total interest Total cost of loan
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Home Equity Line of Credit

A home equity line of credit works sort of like a credit card limit. You borrow only what you need, up to your preset limit, and pay interest only on what you borrow.

  • Low rates
  • Make payments on only your outstanding balance
  • use for anything you’d like:
    • Home improvements
    • College funding
    • Debt consolidation
    • Dream vacation
    • Wedding expenses
  • Up to 100% equity possible

Variable rate option:

  • Line of credit
  • No annual fees
  • No prepayment penalty
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