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Home Equity Lines of Credit
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Last Updated: 04/18/2025

MEMBERS1st Community Credit Union HELOC

in Home Equity Lines of Credit from MEMBERS1st Community Credit Union

Last Updated: 04/18/2025

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Highlights

Credit Score Range

600 - 850

Amount Range

$10,000 - $500,000

Maximum LTV

100%

Minimum Draw

N/A

Loan Term (Years)

Up to 15

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MEMBERS1st Community Credit Union HELOC Review

MEMBERS1st Community Credit Union HELOC is offered by MEMBERS1st Community Credit Union , a credit union founded in 1964 and based in Marshalltown, IA. MEMBERS1st Community Credit Union HELOC are available in 1 state.

Key Takeaways

  • Fair credit accepted. Borrowers with a credit score as low as 600 may qualify for MEMBERS1st Community Credit Union HELOC.
  • Investment and personal use properties considered. Financing available for primary homes, vacation homes, and even investment homes, such as rental properties.
  • High maximum LTV ratio. MEMBERS1st Community Credit Union HELOC has a maximum loan to value ratio of 100%.

MEMBERS1st Community Credit Union HELOC Pros & Cons

MEMBERS1st Community Credit Union HELOC FAQ

Is there a minimum draw requirement?

No, there is no minimum draw requirement.

What fees does MEMBERS1st Community Credit Union HELOC charge for a HELOC?

MEMBERS1st Community Credit Union HELOC may charge an origination fee.

What types of property can you use as security for a HELOC with MEMBERS1st Community Credit Union HELOC?

MEMBERS1st Community Credit Union may consider HELOCs secured by the following property types:
  • Primary residences
  • Secondary or vacation homes

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Message from MEMBERS1st Community Credit Union HELOC

Use the equity in your home to consolidate debt, make home improvements, or take that dream vacation! There are several ways to utilize your home’s value, and the right home equity option depends on your situation and needs. Home Equity Line of Credit is a variable rate line of credit, allowing funds to be borrowed on an as-needed basis.




Contact

Headquarters

PO Box 777
Marshalltown
Marshalltown, IA 50158
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Hours of Operation

Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:30AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
9:00AM - 5:00PM
Saturday
Closed

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