Bring your next home improvement to life or consolidate your debt with our Home Equity Loan

Tap into your home's equity this Spring to finance home improvement projects, debt consolidation, or to make large purchases. 

Our rates are low and very competitive.
Rates as low as 2.90% APR1 for the first year


  • Borrow up to $250,0002
  • No Closing Costs3
  • No Annual Fees
  • No Application Fees
  • Flexible Terms
  • Quick & Easy Application Process
  • Convenient Access to Funds4


Apply today and give yourself more breathing room with a Home Equity Loan from MPS Credit Union.

Apply now 


You can also apply by calling 305-592-7733 or stopping by one of our branches.



1-APR = Annual Percentage Rate. The rate shown is the lowest available and your rate may be higher. Rates as low as 2.90% APR for the first 12 months, then the rate becomes adjustable and is based upon the prime rate as set forth in the Wall Street Journal under the “Money Rates” column. APR not to exceed 18.00%. The Minimum loan amount is $10,000.00. Advertised rates are subject to change without notice. All loans are subject to approval. MPS Credit Union membership is required. Membership is open to anyone who lives, works, or worships in Miami-Dade, Broward, Palm Beach, Monroe, Martin or St. Lucie Counties. 2-Loan amount may vary based on creditworthiness, collateral, and other factors. MPS Credit Union Home Equity Loans are limited to a maximum CLTV (combined loan-to-value) of 80%. 3-For loan amounts between $10,000 - $24,999 member(s) are responsible for paying the closing costs. MPS Credit Union will waive closing costs for loan amounts between $25,000 - $250,000. However, if the loan is satisfied within two (2) years of acquisition, the member(s) shall be charged a PREPAYMENT PENALTY totaling the amount of the closing costs. For the fixed-variable rate program, if the loan is satisfied within three (3) years of acquisition, the member shall be charged a PREPAYMENT PENALTY totaling the amount of the closing costs. 4-Loan proceeds will be deposited into your MPS Credit Union savings or checking account when the loan closes.
Insurance is required; flood insurance and property appraisal may also be required. Title insurance and recording fees may be assessed. Costs to satisfy certain prior liens may also be assessed. Offer applies to owner-occupied residential properties only and is subject to no less than a second lien position.
Federally Insured by NCUA


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