At Blackstone River Federal Credit Union, we offer a wide variety of Loan options to meet your financial needs.
New Auto Loans
- 100% Financing available
- Loan financing up to 6 years available
- Tiered rates based on credit worthiness
- Can include sales tax upon request
- Quick and efficient processing time
- Apply online, call to have application mailed out, or stop by to pick one up
Used Auto Loans
- 100% Financing of vehicle and sales tax (not to exceed) available of the NADA values
- 1-3 year old vehicles – up to 5 years loan financing available
- 4-7 year old vehicles – up to 4 years loan financing available
- Tiered rates based on credit worthiness
- Quick and efficient processing time
- Apply online, call to have application mailed out, or stop by to pick one up
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Boat Loans
- New or used boat loans available
- Maximum amount $50,000.00
- Maximum term 5 Years
- Down payment of 20% required
- Values based on NADA Boat values
- Quick and efficient processing time
- Apply online, call to have application mailed out, or stop by to pick one up
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Home Equity
- Borrow money against the equity in your home
- Very competitive fixed rates
- 80% LTV maximum (Loan to Value) up to $125,000.00
- Available on owner occupied homes
- 5, 7, and 10 year terms available
- 15 year term available if BRFCU is first mortgagee
* Fees vary by State
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Home Equity Line of Credit
- Borrow money against the equity in your home
- 80% LTV (Loan to Value) or up to $125,000.00
- Rate is according to prime, which can change quarterly
- 5 year draw and a 10 year payback
- Checks available upon request
- Payments are based on what is used, not on entire loan amount
- Application fee plus recording fee*
* Fees vary by State
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Personal Loans (Unsecured)
- Based on single applicant, amount up to $5,000.00
- Based on joint signer, amount up to $7,500.00
- Terms available up to 4 years based on amount borrowed
- Quick and efficient processing time
- Tiered rates based on credit worthiness
- Apply online, call to have application mailed out, or stop by to pick one up
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Motorcycle Loans (New & *Used)
- Competitive fixed rate
- Terms available up to 4 years (for New or Used)
- Maximum loan amount $50,000.00
- Quick and efficient processing time
- *Used Motorcycles up to 7 years old
- Values on Used Motorcycles based on and not to exceed NADA values
- Apply online, call to have application mailed out, or stop by to pick one up
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Savings Secured Loans
- Deposit in a BRFCU account pledged as collateral
- Rate based on 3 basis points above the dividend rate being paid on the pledged account
- Terms available up to 5 years based on amount borrowed
- Maximum loan amount $50,000.00
- Quick and efficient processing time
- Apply online, call to have application mailed out, or stop by to pick one up
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Tuition
- $2,500.00 maximum allowed per semester
- $5,000.00 maximum allowed per year
- Maximum term up to 7 years
- Proceeds paid directly to school / college / university
- Competitive fixed rate
- Quick and efficient processing time
- Apply online, call to have application mailed out, or stop by to pick one up
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New Auto Loans |
