Set Your Own Pace!
Do you like the idea of paying your mortgage off at your own pace? Then boomerang CREDIT UNION’s MeritLine Home Equity Line of Credit (HELOC) is for you. It’s a flexible alternative to conventional mortgage products. With a HELOC, you can determine your own monthly payments – from the minimum interest only payment to as much as you want.
MeritLine is a revolving Line of Credit that lets you use up to 80% of the equity in your home to borrow money at the lowest possible interest rate. Use the equity that you have accumulated in your home to help you build that luxury kitchen, go on that dream vacation, purchase a vehicle or recreational property, take advantage of investment opportunities, and more! boomerang CREDIT UNION, where your money comes back to YOU!