Offers and Promotions

Offer to waive origination fee of $199 is valid for SmartLine Home Equity Loans. Application must be received between 3/13/25 and 4/30/25, and loan must close by 7/31/25. Discount will be provided as lender credit. One SmartLine Home Equity Loan per household. Eligible properties include primary residences; owner-occupied second homes; condos; modular and manufactured homes; and one- to four-unit buildings with owner occupancy in one of the units. Properties must be located within Michigan, Illinois, Florida, Indiana, Ohio, or Wisconsin. Consult with a reliable tax advisor about the deductibility of home equity loan interest. Interest-only payments are based on eligibility. You may only lock a segment on your loan during your draw period. Valuation report fee and closing fee (if not closing at an MSUFCU branch) still apply. For properties in Florida, state mortgage recordation tax applies ($0.35 per $100 of credit limit). There is no fee for the first segment; however, you will be charged a $25 fee for each subsequent segment. A fee of $25 will apply to requests to unlock a segment. Balances on segments reduce the availability on the line of credit. Your locked segment fixed interest rate will be determined based on your creditworthiness at the time your fixed-rate segment is approved. Annual Percentage Rate (APR) will be determined by member's credit score at the time of the loan request. Rate subject to change. This product has a variable rate that is based on the market rate (prime plus margin). Your margin will be between 0.00% APR and 7.00% APR. Your overall rate (prime plus margin) will never fall below 2.00% APR, nor will it exceed 18.00% APR. MSU Federal Credit Union is an Equal Housing Opportunity Lender. Federally insured by the NCUA.