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Loans
Let us help you finance your home, automorbile and more!
All loans are subject to approval based on credit history and other deciding factors. All loan applications are subject to a $15 application fee. Apply at one of our convenient locations or if you are already a member, apply via your online banking account.
Type |
Description |
Available Rates |
Vehicle Loans |
A personal loan to purchase a new or used automobile, recreational vehicle, and/or farm equipment. |
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Unsecured Loans |
A loan for which there is no collateral required. The loan is backed up only by the promise of the borrower to repay.
Member tip: This type of loan is a great way to consolidate debt and reduce high interest rates! |
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Secured Loans |
A loan that is backed by collateral. If the borrower defaults, the lender can sell the collateral to satisfy the debt.
Member tip: If you would like to borrow against one of your credit union investments, we can see if you qualify! |
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Mortgages |
An advance of funds from a lender, called the mortgagee, to a borrower, called the mortgagor, secured by real property and evidenced by a document called a mortgage. The mortgage sets forth the conditions of the loan, the manner and duration of repayment and reserves to the mortgagee the right to repossess the pledged property if the mortgagor fails to repay any portion of principal and interest.
Member tip: If we cannot give you the rate you want, terms or financing - we'll find it for you! |
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Home Equity |
Sometimes referred to as a second mortgage or borrowing against your home. The loan allows you to tap into your home's built-up equity, which is the difference between the amount your home could be sold for, and the amount that you still owe. Homeowners often use a home equity loan for home improvements, to pay for a new car, or to finance their child's college education. A home equity loan is a good way to borrow money for two main reasons: 1) the interest rate is usually one of the lowest loan rates a borrower can get and 2) the interest you pay on the loan is usually tax-deductible. But taking out a home equity loan also means the lender can take possession of the home if the loan isn't repaid.
Member tip: Our home equity loans can close in as little as 2 days! Make the most out of your most important asset! |
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