Buffalo Metropolitan Federal Credit Union

Loans

Home Equity

If you need cash to remodel your kitchen, pay for college expenses, or even take a vacation, a Home Equity is your best bet. These loans let you borrow money using the equity in your home as collateral.

With a home equity line of credit you don’t receive the entire sum upfront, but instead draw against a “line of credit” as needed, similar to a credit card. You can borrow money as needed, up to the available limit, by simply transferring the money from the home equity line of credit to your savings account or checking account.

With a home equity loan you get a lump sum of money and pay a predetermined amount back each month for the life of the loan.

Call (716) 847-6960 ext. 228, 229, 235, 240 or 257 for more information today!

Credit Union Membership
You must open a savings account in order to have any other product or service (ex: loan) at Buffalo Metropolitan Federal Credit Union; find out more about Credit Union membership.

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