Home is Where Your Heart is. UMCU is Where Your Start is!

Eager to tackle those projects around the house that you have been planning all winter? Now is the perfect time to start! Turn your house into a home this spring by applying for one of UMCU’s no closing cost Home Equity Loan products.

This promotion will run Friday, April 1, 2016 until Thursday, June 30, 2016.

*UMCU pays all closing costs, APR as low as 4.25%. APR may vary after the account is opened depending on loan type. Maximum APR is 25%. Subject to credit approval. A $5 membership fee applies to new members. Promotion valid through 6/30/16. Offer excludes refinance of existing UMCU loans.

Home Equity Promotion Raffle


Mail a note card with your name, address, telephone number and valid email to the address below to enter:


University of Michigan Credit Union

Attn: Marketing Department

P.O. Box 7850

Ann Arbor, MI 48107-7850


*No purchase necessary for entry. Click here for Official Rules.

Home Equity Loans

Use the equity in your home to apply for a closed-end home equity loan, home equity line of credit, or Visa Gold Home Equity Line of Credit. Credit limits are available up to 95% of the appraised value of your home (less mortgage and liens), with a minimum of $10,000 and a maximum of $250,000 for the closed-end and line of credit and $75,000 for the Visa Gold. The property must be located in Michigan.

Obtain substantial amounts of cash for home improvements, college tuition, buying a second home, or for many other reasons.

UMCU offers several easy ways to apply:

  • You can submit your application at any of our branch locations.
  • You can pick up an application packet from your local branch or download it here. You can email the finished application to homeequity@umcu.org or drop it off at any branch location.
  • You can schedule an appointment to apply and talk with an home equity loan expert today by calling 734-662-8200 or 800-968-8628 ext. 2150.

Once your home equity loan is approved, you can also make transactions online through our free MemberNet online banking service:

  • Home Equity Line of Credit - make advances and payment transfers.
  • Closed End Home Equity - make payment transfers.
  • Visa Gold Home Equity Line of Credit - make advances and payment transfers.

You can protect your family, assets and credit rating by reducing financial burden during specified life event losses. To learn how you can purchase additional protection on your home equity loan from unemployment, loss of life, or disability, click here.

TruStage Auto and Homeowners Program

You trust University of Michigan Credit Union to provide you and your family with quality products and services to meet your financial needs. We've joined with a dedicated team of insurance professionals to bring you the TruStage Auto and Homeowners Insurance Program.

For credit union members only. Safeguard what matters most. You could save an average of $427.96 on car auto insurance. Find out more.

  • TruStage Auto and Homeowners is the property and casualty coverage solution preferred by the most credit unions and their members.
  • Convenient e-service, pay your bill or make changes to your policy, even report a claim.
  • Receive fast, easy access to claims service 24-hours a day.
  • Obtain a free no obligation quote or locate an agent at the local Liberty Mutual sales office.

TruStage™ Auto Insurance Program is made available through TruStage Insurance Agency, LLC and issued by leading insurance companies. The insurance offered is not a deposit and is not federally insured or guaranteed by your credit union.

Mortgage services provided by MemberFirst Mortgage LLC (NMLS #149532) and UMCU (NMLS #712343)

UMCU Online Banking loginUMCU Financial Calculators
Equal Housing Opportunity National Credit Union Administration
Federally Insured by NCUA.
734-662-8200 or 800-968-8628