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
10-year terms
No annual fee
No prepayment penalty
Minimal closing costs
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. Up to 100% equity possible.
Low rates
Make payments on only your outstanding balance
Use for things like: home improvement, college funding, debt consolidation, dream vacation, wedding expenses, etc.
Variable rate option:
Line of credit
No annual fees
No prepayment penalty
Loan Calculator
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CME Debt Protection
To help protect your family, erase your debt.
Life can be wonderful. But it can also get complicated when unexpected things happen. Protecting your loan payments against death could help protect your finances.
This protection could cancel your loan balance or payments up to the contract maximums. Protect your loan payments today so you can worry a little less about tomorrow.
To learn more, contact a CME Loan Officer at (614) 224-8890 or via email.