Enroll in Online Banking
To log in to Online Banking, you will need the following information:
- Member Number, and
- MATT Access Code, which you will be required to change after you first log in. You will use this as your initial password.
If you don't have this information or are in need of assistance, contact us at 301-944-1800 or 800-95-MAFCU.
Home Equity Loans
All rates are subject to change Daily
The Minimum APR that may be charged is 4.5% and the Maximum APR is 18%
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| Minimum Loan | Loan to Value (LTV) | Closing Cost | Rates |
| Home Equity Line of Credit (HELOC) - 15 Year Draw Period/15 Year Repayment Period | |||
| $10,000 | 80% LTV | No Closing Cost* | Variable rate as low as 4.50%** |
Payment Options: Principal and Interest or Interest Only
*Loan must remain outstanding for at least 36 months or closing cost paid by MAFCU will be added on to the loan.
Homeowners' Insurance and Flood Insurance, if applicable, is required.
| Home Equity Line of Credit - Additional Residence - 15 Year Draw Period/15 Year Repayment Period | |||
| $10,000 | 80% LTV | No Closing Cost* | Owner Occupied only Variable rate as low as 7.00%** |
A property that the borrower occupies in addition to his/her principal residence (a two-four unit property is not eligible for the additional residence status)
*Loan must remain outstanding for at least 36 months or closing cost paid by MAFCU will be added on to the loan.
Homeowners' Insurance and Flood Insurance, if applicable, is required.
| Home Equity Loan - 15 Year Repayment Period | |||
| $10,000 | 80% LTV | Member Pays* | Fixed rate as low as 5.50% |
Homeowners' Insurance and Flood Insurance, if applicable, is required
*Member pays all fees associated with this loan.
| EZ Equity.........It's FAST! 5- Year Repayment Period | |||
| $5,000-$50,000 | 80% LTV | Member Pays* | Fixed rate as low as 5.50% |
*Member pays all fees associated with this loan.
Homeowners' Insurance and Flood Insurance, if applicable, is required
Payments for all Home Equity loans are by monthly transfer from a Savings or Checking Account.
The Minimum APR that may be charged is 4.5% and the Maximum APR is 18%
** Rate is indexed to the CitiGroup Prime Rate as quoted in the Wall Street Journal as of the 25th day of each preceding month, effective the 1st day of the following month.
