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The equity in your home is a valuable asset,
and BMI FCU now has the means to allow you quick access to
these funds. With EXPRESS EQUITY, you can apply for an equity
loan* and close the loan within 24 hours of application.**
Many lenders require one to two weeks to prepare
and close an equity loan. By using the resources of the Internet,
BMI FCU can, in most cases, obtain all the information needed
to close within 24 hours. This allows you quick access to
your funds for home improvement, college tuition, bill consolidation,
auto purchases, or whatever you choose. And with our Equity
Bridge Loans, you can actually obtain the funds the same day
you close!
BMI FCU Equity Loans offer the following features
for your convenience:
- 24-hour closing**
- Competitive rates
- Low-to-no processing fees
- No annual fee
- Interest may be tax deductible (consult
your tax advisor)
- Variable rate Home Equity Line of Credit
(HELOC) or fixed rate Second Mortgages available
- Access to your HELOC credit limit via equity
checks and MemberConnect Web
- Access to your account information through
MemberConnect Web
Apply
Online or contact any BMI FCU branch
to see how EXPRESS EQUITY can put the equity in your home to
work for you today.
*Express Equity loans currently only available to residents
of OH, IN, MI, MD, PA and VA.
**Express Equity's 24-hour availability subject to a minimum
credit score of 720 and online availability of required property
information.
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