Loan Products
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| Amount | Term | Rate |
|---|---|---|
| Up to $3,000 | 24 months | 5.90% APR* |
| Up to $4,000 | 36 months | 6.90% APR* |
| Up to $5,000 | 48 months | 8.90% APR* |
If you’re looking to purchase a new vehicle, Northern Redwood FCU has some of the most competitive new vehicle loan programs available. Here’s a look at what we have to offer:
- 100% financing available, including tax, and license.
- Terms up to 84 months for new vehicle loans.
- Automatic payments available for easy repayment.
- Loan pre-approval available to give you a bargaining edge at the dealership.
- Members will receive a ¼% rate reduction for each of the following with a max of ¾%:
- Payroll Deduction
- NRFCU Share Draft Account
- Existing NRFCU Loan/Visa
All loan applications received by NRFCU are individually and personally reviewed by our experienced loan staff.
We make purchasing a pre-owned vehicle easy and invite you to apply with Northern Redwood FCU. Here’s a look at what our program has to offer:
Financing available for up to 100% of Kelley Blue Book Wholesale Value including tax and license.
- Model years 2004 and newer are eligible for financing.
- Minimum Loan Amount, $1,000.
- Longer terms may be approved “case by case” with a rate increase of 1.0% year.
- Members will receive a ¼% rate reduction for each of the following with a max of ¾%:
- Payroll Deduction
- NRFCU Share Draft Account
- Existing NRFCU Loan/Visa
To give you added protection against possible overdrafts, apply for our Overdraft Line of Credit. An overdraft line of credit is tied in directly to your checking account and acts as a safety net allowing you to borrow money to cover expenses. Here is a brief look at what this line of credit has to offer:
- Credit Limit up to $2,000
- Automatically advances the amount overdrawn to your Northern Redwood FCU Checking account
- Monthly minimum payment is 3% of the balance or $50.00 whichever is greater
- Checking account required
To apply, please contact the credit union directly and ask for loan application or follow the link below.
NOTE: Member must meet our existing loan qualifications for our unsecured lending program. Credit limit will be determined at time of application and is subject to each individual borrower’s credit and income profile and history. Some restrictions apply. Contact the Credit Union for more information. Annual Percentage Rate (APR) is 18% APR fixed. Payments are due by the 10th of every month.
Northern Redwood FCU offers a full-service, First Trust Deed lending program through our associate Community Mortgage Funding. Available for new purchases or refinancing, the program also offers lower processing costs and fees with a full range of mortgage options.
For current rates, details on the mortgage loan programs we offer, please speak to a Loan Services Officer for more information. Rates and terms are subject to change daily. For current rates contact us at (707) 822-5902, 800-822-5903, or info@northernredwoodfcu.org.
An Unsecured/Signature Loan is a great way to acquire the cash to pay for anything quickly, efficiently, and with no revolving balance. A Northern Redwood FCU Unsecured/Signature Loan is a great replacement for charging a one-time expense on a high rate credit card, or as a replacement for taking high-cost credit card cash advances or payday loans. Good credit and your signature are all we need to review your loan request.
Here’s a quick look at what a Northern Redwood FCU Signature Loan has to offer:
- Closed-end loan with a maximum term of 60 months.
- Borrow up to $20,000.
- No Prepayment Penalties.
- Members will receive a ¼% rate reduction for each of the following with a max of ¾%:
- Payroll Deduction
- NRFCU Share Draft Account
- Existing NRFCU Loan/Visa
Northern Redwood FCU offers a competitive VISA program complete with 1% Cash Back on purchases. Our VISA Classic Card offers great value and features:
- As low as 11.90% APR*
- No Annual Fee
- No Cash Advance Fees
- Earn 1% cash back on purchases made anywhere
- 25-Day Interest Grace Period on purchases
Your credit score will soon be as important as your GPA, therefore start developing good financial habits and apply for a Northern Redwood FCU Student Visa Card. With limits up to $3,000 and 1% Cash Back on purchases this card is guaranteed to help you succeed.
- 14.9% APR*
- Limits up to $3,000
- No Annual Fee
- No Cash Advance Fees
- 1% Cash Rewards Program – Earn up to 1% Cash Back for purchases
- 25-Day Grace Period on purchases
- Must be enrolled at least part-time (Part-time is considered 6 units per semester)
*Some restrictions apply. Must meet Northern Redwood FCU credit guidelines for approval.
