Consumer Loans
Loan borrowed for a variety of purposes that is paid back in fixed monthly payments. $500-$20,000 amounts
Personal Loan
Allows members to make purchases up to approved limit, with ability to repay the entire balance each month or make small monthly payments
An agreement between a borrower and lender that allows a borrower the ability to purchase or refinance a home and the lender to hold the property as collateral until repayment is complete.
Mortgage Loans
LifePlus, LifePlus Disability, LifePlus Disability Involuntary Unemployment
Navigator Loan Protection (NLP)
BONUS: Search our website for loan rates
Website > Borrow > Auto Loans > Check Competitive Rates
A loan that allows the member to borrow against their own money from available funds in their savings or CD for a lesser interest rate. No score limitations or income requirement. Can be used to help establish credit history.
Asset Secured Loan (Share Secured/CD Secured)
Allows members to use their own money to secure the credit limit on this card
Platinum SECURED MasterCard
Conventional, USDA, FHA, VA Purchases, Refinances, Cash-Out Refinances, Condominiums are what type of mortgages?
1st Mortgages
Covers the member's remaining balance of the loan in the event the vehicle is deemed a total loss
Guaranteed Asset Protection (GAP)
If you think a member may not qualify for our consumer loans through regular Centralized Lending due to credit or the amount requested, but may qualify for a lesser amount, what can we offer them?
Small Dollar Loan
Collateral Loans
The maximum for secured MasterCard is $10,000 but what is the minimum?
$500
A mortgage where NCU is second lienholder to an existing mortgage company; 15 year max term
2nd mortgage
Offers coverage for automobiles based on year make and model for mechanical problems
Mechanical Repair Coverage (MRC)
What type of collateral loans do we offer?
New/Used Autos, Boats, Trailers, Jet Skis, Motorcycle, RV
This loan can ALSO be used to make purchases for collateral that does not meet our collateral criteria (too many miles, age of collateral exceeds limits, etc.) or can be used for vacation, debt consolidation, wedding expenses, car repairs, medical expenses and more.
Personal Loan
What are the benefits of a Platinum MasterCard Credit Card?
Contactless, EMV Chip, ID Theft, No annual fees, cash advance fees, balance transfer fees
Primary residence or investment property is the collateral for this type of loan, minimum amount is $10,000
Home Equity Line of Credit (HELOC)
TruStage
This is offered for businesses to use to get cash when needed for business needs
Business Line of Credit
The interest rate for Asset Secured Loans
2% above the share holding the funds
BONUS: What is the current Balance Transfer promotion?
2.99% APR on balance transfers for 12 months
BONUS: Submit a Mortgage Referral Lead Form + Help Desk Ticket
Form in Kbase, filled out, submit Mortgage ticket
The fee to skip a loan payment
$25
Points awarded to members for each service that a member uses or years of membership, points are added up to qualify members for lower loan rates and higher dividend rates on savings
Member Loyalty Program