Share Secured Loans
Use your available credit union funds to secure your loan and get lower interest. Use it anyway you would use a signature loan. Plus, the funds used as collateral can be held in an account that continues to earn dividends effectively lowering the total costs of your loan. Share certificate accounts may not be used as a security for Share Secured Loans.
Granting of loan subject to approval. Member's FICO Score (or credit score) will determine category for maximum amount, term, and interest rate. All rates are subject to change by the Board of Directors without prior notice. Other loan terms and conditions will be disclosed prior to funding a loan. Equity - percentage of appraised value less any other deeds. Ask your tax advisor for any potential tax benefits of a Home Equity Line of Credit (HELOC). All loans subject to verification of equity, credit approval, FICO credit score, and income qualification. We are an Equal Housing Lender and governed by the National Credit Union Administration (NCUA).