Sweet Home Federal Credit Union offers a wide variety of loans at affordable rates. Are you looking to buy your first car? A new motorcycle or pickup? A motor home or RV? Any member having at least one share may apply.
*Please check with your tax advisor regarding you tax benefits.
1 Title insurance may be required and is paid by the borrower. The remaining closing costs paid by SHFCU on behalf of the borrower will be charged back and added to the payoff amount of the loan if the home equity line is paid in full within five (5) years of loan closing. Closing costs generally total between $250 and $1,250.
2 Calculated by multiplying the appraised value by 80%, less the remaining balance on your first mortgage.
3 The annual percentage rate is based on the value of an index. The index is the Prime Rate published in the Money Rates column of the Wall Street Journal. Interest and payments adjust annually on the 1st day of March, with a 2% annual cap and a 17.90% lifetime cap. The Annual Percentage Rate will never go below 4.0% unless the credit union is running a lower promotional rate. All rates quoted and listed are subject to approval. Rates may vary from those quoted and listed based on your credit history.
4 This plan has a fixed rate option which the borrower may exercise each time a minimum advance of $1,000 is requested. There is a low processing fee of $25 when the fixed rate option is exercised. The fixed rate option has repayment terms of 60 months, 120 months, or 180 months providing the payoff period does not exceed the number of months remaining to the maturity date of your plan.
5 Please consult a tax advisor regarding deductibility of interest.
The Smart Option Student Loan® for the Sweet Home Federal Credit Union by Sallie Mae®. For borrowers attending degree-granting institutions.
Now you can pay for college the smart way with three great repayment options and competitive interest rates!
The loan is an ideal solution to help you pay for college expenses not covered by scholarships and federal loans. To learn more, please get started here.
The Smart Option Student Loan features and benefits
To learn more or to apply, please get started here.
* We are compensated by Sallie Mae® for the referral of Smart Option Student Loan customers.
Use your regular share account or certificate of deposit as collateral for a Share Pledged Loan! You’ll receive a LOW rate on your loan while your savings account continues to earn dividends! Any member having at least one share account may apply.
