Home Equity and Mortgage

Unlock Possibilites With An

Advantages Of A FME Equity Loan:

  • Low Rates
  • Flexible Terms
  • No Risk-Based Lending
  • No Pre-Payment Penalties
  • No Application Fee
  • No Closing Costs To Qualified Members
  • No Primary Mortgage Insurance (PMI)

FME offers a variety of equity programs, one that will be perfect for you! Choose from a 5 or 7 Year Balloon Note, with the optioin to amortize up to 30 years, or fixed terms of 10, 15 or 20 years.

Payments couldn't be more budget friendly.


The "American Dream" Mortgage

FME is committed to offering you an option to refinance your mortgage loan even if your home's value was affected by the "great recession". You're making your payments yet no on will help you. Maybe FME can with our Amercian Dream Mortgage.

This loan is desingated to give those members who continually pay their mortgage the opportunity to refinance to a lower rate and pay their mortgage off sooner. If you have had your existing mortgage for a minimum of 5 years, you may qualify.

Refinance Up to 110% of Your Home's Value Lower Your Interest Rate Pay Your Mortgage Off Sooner 15 Year Fixed Term


*Closing costs and origination fees may apply to members refinancing home mortgage/equity loans already held by FME. 

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Home Equity Loans
Effective Date: Saturday, March 17th, 2018
ProductStandard APR*
5-Year Fixed 3.49%

Closed-end loan.  Payments amortized up to 30 years.  Special rates listed above are for NEW loans only.  Refinancing of existing FME equity loans qualify for a rate of 3.75% APR at the 5-year term.  Refinancing of existing FME mortgage loans are subject to closing costs, which will be waived with loan advances of $10,000 or more to qualified borrowers.

7-Year Fixed 3.74%

Closed-end loan.  Payments amortized up to 30 years at 80% of value.

Closed-end loan.  Rates listed above apply to members that are in a first position

Member Advantage Line-of-Credit 4.50%

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.

10-Year Fixed

*To qualified members. Some restrictions apply. Rates and terms subject to change. Non-purchase money only.

First Mortgage Loans
Effective Date: Saturday, March 17th, 2018
Non-Purchase Money
ProductStandard APR*
15-Year Fixed Rate Mortgage 4.25%
20-Year Fixed Rate Mortgage 4.50%

*To qualified members. Some restrictions apply. Closing costs may be assessed if refinancing existing FME FCU Mortgage/Home Equity Loans. Rates and terms subject to change. Non-purchase money only.

See your FME Representative, or call the Main Office at 800.521.1800 for our most current rates and details.

NMLS# 808257

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