As the holidays near, the list for projects and expenses tend to grow. It can leave you wondering how to pay for them all. With an MTC Federal Home Equity Line of Credit (HELOC), have access to the funds you need when you need them to tackle growing holiday debt.
Much like a credit card but with a lower rate, a HELOC is a cheap option to give you instant cash to spread the joy this holiday season:
- Spruce up or make extra room for holiday guest with home improvement projects.
- Buy last minute holiday gifts.
- Book a holiday vacation.
- Get ahead for 2018, lock in a low HELOC rate to roll down debt into one low payment, lower rate and faster payoff.
The advantages of a HELOC are Merry & Bright:
- Flexible borrowing up to 100% of the value in your home
- 24/7 access to funds
- Payments change based on borrowed balance and rate adjustments
- Low adjustable interest rates
- Terms up to 15 years
- Much or all of your interest may be tax deductible (consult your tax advisor).
Eliminate Holiday Debt with an MTC Federal HELOCMove high-interest, high-payment credit card balances to an MTC Federal HELOC. The affordable way to roll down the average retail credit card debt into one low payment, one low rate and faster payoff. Examples below based on 15 Year Term.
|Retail Sporting Goods |
|Retail Clothing Store |
|MTC Federal HELOC |