FAQ Category: Loans

If I have a current loan, am I still eligible to borrow another loan or add on to that loan?

Yes, it is possible to have multiple loans with the institution. nnYou would have to discuss with a loans officer the details of the options available to you at this current time.

What is required to apply for a Land Loan?

You are required to be a member of the credit union to access our loan services. A member need to have the minimum share requirement. Requirements for Land Loan Deed of Conveyance Survey Plan Valuation Sale Agreement Feel free to let me know if you have any questions, or you can contact our loans department

What are the general requirements for borrowing a loan?

Our Minimum Loan criteria is as follows 1. Only members can qualify for loans. 2. Members must have the minimum share requirement. That minimum share requirement would depend on the type/purpose of the loan Generally, our Loans Officers would look at: 1. The applicant’s ability to repay the loan 2. The conditions for the loan