Mortgage Refinance and Home Equity Loans

Your home is your biggest investment.  Make sure the loan you have is the right one for you.

FME offers a variety of mortgage and equity loan programs that allow you to refinance your current mortgage at another institution or utilize equity for debt consolidation, large expenses or home improvement projects.    

Choose from several Fixed Rate Loan options or a variable Line-of-Credit Equity with advance capabilities if you need more flexibility.  Plus, active members of our Membership Rewards Program or 55 Plus Club may qualify for special bonuses.

  • $500 Lender Credit
  • Cash Out Options
  • Flexible Terms
  • No Application Fee
  • No Primary Mortgage Insurance
  • No Pre-Payment Penalties
Check markReduce your Rate Check markEliminate PMI Check markUse Your Equity

Contact your local Branch Representative or Main Office at 1-800-521-1800 for details on programs offered and to request a mortgage application.

First Mortgage Loans and Home Equity Loans
Effective Date: Thursday, July 18th, 2019
ProductDirect Deposit or Membership Reward APR*Member Rewards APR*Standard APR*
5-Year Fixed 3.49% 3.49% 3.49%
7-Year Fixed 3.74% 3.74% 3.74%
10-Year Fixed
3.99% 3.99% 3.99%
15-Year Fixed 4.25% 4.25% 4.25%
20-Year Fixed 4.50% 4.50% 4.50%
All Fixed Rate Loans listed above are non-purchase closed-end loans, there are no advance capabilities.  Payments on the 5-Year and 7-Year Loans can be amortized up to 30 Years and rates listed are for new loans only.  Refinances of existing FME loans may be different rates and closing costs and origination fees could also apply. Rental properties have different rates, terms, requirements and closing costs may apply, call for details.  The 15-Year and 20-Year Fixed Rate Loans are first position loans only. Additional restrictions could apply, rates are subject to change.
Member Advantage Line-of-Credit 5.50% 5.50% 5.50%
Line-of-Credit Equity rate listed above is a variable rate loan, adjusted quarterly to the PRIME RATE as stated 10 days prior to the end of the quarter in the Wall Street Journal.  The maximum Annual Percentage Rate (APR) that can apply is 16.0% or the maximum permitted by law, whichever is less.  Draw period for advance capabilities is 5 years, up to approved limit and minimum advances are $300.00.

NMLS# 808257 Live Chat Privacy Statement Disclosures Site Map Find an ATM Shared Branch Locator Loan Rates Saving Rates

If you are logging in to Online Banking for the first time, please be aware that your FME Account Number should be entered as 7-digits long, without dashes, and with the last digit being a 0. This is the same Account Number that appears on your periodic statement. The initial User Password is the last 4 digits of the primary accountholder's Social Security Number.

Close This