USCGCCU loans

Loans

Debt is not always bad.  Some purchases can be overwhelming or out of reach if not financed.  Financing allows you to borrow money now and pay it back over time – making the purchase manageable.  A new furnace, a child’s braces, or a vehicle are effective examples of financed debt.

Partner with the Credit Union– we’ll work with you to find the right loan for your needs with sound purchasing power at reasonable rates.

For over 70 years we’ve been the purchasing power of the community. Let us help you.

 

Mortgage & Home Equity Loans

Whether you are purchasing a home or using the equity in your home, the Credit Union offers multiple programs and our experienced loan officers will help you find just the right fit for you.

  • First Mortgage Loans: First Mortgage Money loans can be used for the purchase of a house or for refinancing an existing mortgage.
  • Home Equity Loans: You’ve been working for your home; a Home Equity Loan gives your home the chance to work for you.  The Credit Union offers both a fixed rate and a variable rate loan.  The interest paid on your home equity loan may be tax deductible. (Please consult your tax advisor.)

Features and Benefits:

  • A multitude of programs are available
  • Repayment terms are very flexible
  • The Credit Union escrows tax and insurance funds for your convenience
  • Applicants are contacted within 24-business hours by a mortgage processor to discuss details and initiate all paperwork to lead to a quick decision and settlement.
  • Payment options include: automatic transfers,Online Banking, Call First Audio Response, or via a coupon by mail or in person.
  • Pre-qualifications are available and recommended prior to shopping for a home.
  • Rates
  • Equal Housing Lender

Use a calculator

 

New and Pre-owned Autos &  Motorcycles

The Credit Union finances up to 100% of the Manufacturer’s Suggested Retail Price (MSRP) for new and NADA average retail value for pre-owned vehicles.  Terms to 84 months depending on loan type, amount and member’s credit history.

Features and Benefits:

  • Decisions made within 24-business hours of receiving completed application.
  • Payment options include: automatic transfers, Online Banking, Call First Audio Response, or via a coupon by mail or in person.
  • Guaranteed Auto Protection (GAP) Insurance
  • Extended Warranty
  • Pre-qualifications are available and recommended prior to shopping for a vehicle.
  • Auto loans qualify for military discount program
  • Rates

Use a calculator
Buying a vehicle tips

 

Recreational Vehicles

The Credit Union finances up to 85% of the Manufacturer’s Suggested Retail Price (MSRP) for new and NADA average retail value for pre-owned vehicles.  Terms to 120 months depending on loan type, amount and member’s credit history.

Features and Benefits:

  • Decisions made within 24-business hours of receiving completed application.
  • Payment options include: automatic transfers, Online Banking, Call First Audio Response, or via a coupon by mail or in person.
  • Guaranteed Auto Protection (GAP) Insurance
  • Extended Warranty
  • Pre-qualifications are available and recommended prior to shopping.
  • Rates

 

 

Water Crafts

The Credit Union finances up to 85% of the Manufacturer’s Suggested Retail Price (MSRP) for new and NADA average retail value for pre-owned water crafts.  Terms to 120 months depending on loan type, amount and member’s credit history.

Features and Benefits:

  • Decisions made within 24-business hours of receiving completed application.
  • Payment options include: automatic transfers, Online Banking, Call First Audio Response, or via a coupon by mail or in person.
  • Guaranteed Auto Protection (GAP) Insurance
  • Extended Warranty
  • Pre-qualifications are available and recommended prior to shopping.
  • Rates

 

 

Signature/Personal

Life happens. When it happens to you, the Credit Union is here to help with a one-time personal loan.  There are a variety of programs to meet your needs, with credit limits to $15,000 and terms to 60 months.

Features and Benefits:

 

 

Overdraft Protection

Expand your purchasing power and increase your peace of mind with the security of a personal line of credit attached to a Checking Account.  Credit limits to $5,000.

Features and Benefits:

  • If a check or electronic transaction is presented for payment on your checking account and there’s not enough in the account to cover it, the overdraft amount is added to the line of credit instead of being returned for non-sufficient funds.
  • Decisions made within 24-business hours of receiving completed application.
  • Payment options include: automatic transfers, Online Banking, Call First Audio Response, or via a coupon by mail or in person.
  • Rates

 

 

Hypothecation

Leave your savings in the Credit Union and use it as collateral for a loan. This is an excellent way to borrow for the unexpected while keeping your savings intact and on track.  Credit limits up to 90% of your savings or Certificates of Deposits.

Features and Benefits:

  • Decisions made within 24-business hours of receiving completed application. Funds normally available immediately upon receiving completed application.
  • Payment options include: automatic transfers, Online Banking, Call First Audio Response, or via a coupon by mail or in person.
  • This loan is an excellent way to rebuild credit.
  • Rates