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Tap into the value of your home and use the money
any way you choose with a home equity line of credit from Chicago
Municipal Employees Credit Union. You've worked hard to buy your home,
and now you can make it work for you to help meet expenses for home improvements,
debt consolidation, education, or even a new vehicle.
A home equity line of credit provides you a fixed
amount of credit with a variable interest rate that you can draw on as
you need it. As with all our loan programs, you can count on CMECU for
fast, friendly service, plus low fees, competitive rates, and flexible
terms. Best of all, you may be able to deduct the interest paid on a home
equity loan from your taxes. Many members qualify for this deduction, but
you should consult your tax professional to find out whether or not you
qualify.
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