Loans

From time to time we all need a helping hand and South Metro Federal Credit Union is here ready to assist you with your financial needs. 

• Loan Application
• Automobile Loans
• Boat & RV Loans
• Home Equity Loans
• Home Mortgages
• Business Loans
• How Much Can I borrow?
• What Will My Monthly Payment Be?
• Loan Rates
• Loan Insurance Options

 
Share Secured (Credit Builder/Rebuilder) Loans

Had a credit problem? Want to rebuild your credit capabilities? Want to start your children out on a strong financial footing? Open a Share Secured (Credit Builder/Rebuilder) Loan.

It can also take us a long time to save money. It's nice to have a nest egg to fall back on in emergencies. In fact, experts agree that we should have three to six months salary saved for just such an occasion. But we're always tempted to spend it when we want that special something. Don't be tempted anymore. 

At South Metro Federal Credit Union you can pledge your share account as collateral to build a stronger credit history or for a special purchase and let it continue to work for you. Then as you make payments, the amount pledged is reduced by the amount of principle you pay back.

The rate is relatively low and you continue to accrue dividends on the amount you have on deposit to offset some of the interest you're paying on the loan. You get the best of both worlds!