Loans, Loan Insurance & Protection

Loan Products

Vehicle Loans New and used vehicle loans are available at very competitive terms and rates. Our vehicle loans are available on any titled vehicle, including motorcycles, boats, campers, ATV’s and other titled collateral, however longer terms may be available if needed. Stop in today or Apply Online.

Imagine Loans Imagine what you could accomplish with a great low rate loan from your credit union.  Imagine consolidating debt, imagine finally finishing that basement or updating your kitchen.  Imagine the perfect place to kick back and relax on your dream vacation.  You can make it happen with a new Imagine Loan at Serve Credit Union.  With just your Signature we can offer (both a line-of-credit & fixed-rate loan), as well as Overdraft Loans. These types of loans are granted to qualifying members without collateral being required.  See our rates  or Apply Online 

First Mortgage We offer a variety of First Mortgage Loan options at competitive rates with low closing costs. Rates vary daily.  Please complete an online mortgage application with Premier Lending—our mortgage lending partner—or call or email us for details.

  • FHA – Gift funds allowed
  • Conventional 30, 25, 20, 15, 10 yr fixed terms
  • VA – No down payment required
  • Manufactured homes
  • USDA – 100% financing
  • First time homebuyers
  • Jumbo financing

Home Equity Loan Home Equity Line of Credit Loans, fixed-rate Home Equity Loans and Home Improvement Loans are available. Members can borrow up to 90% of the equity they have in their residence to finance just about any project or purpose. Repayment terms are available for up to 15 years (180 months).  Click here to see our rates.  Or Apply online!

*Annual Percentage Rate. All loan financing is based upon credit qualifications. Rates are applicable to new money only. Not all borrowers will qualify for the same rate. Rates listed “as low as” are based on the borrower’s credit worthiness, which includes factors such as debt ratio, and credit history. Offer available on new loans only. Offer is a fixed rate with fixed terms and will loan up to 90% loan to value on the home. Estimated costs range from  $505-$1540.  $200.00 origination fee. Payment example: Pay just $18.09 per month at 3.24% APR for every $1,000 borrowed with a 60 month term. See credit union for full details and disclosures. Federally Insured by the NCUA.

Savings Secured Loans Share (savings) secured loans are available to members who wish to pledge their share balances as collateral. Dividends will continue to be paid to members on pledged balances.

Student Loans by Student Choice The cost of college continues to rise, forcing many students and families to resort to higher-cost private student loans to fill funding gaps.  As a not-for-profit lender, Serve Credit Union has a unique ability to help members and families by offering our Student Choice private lending solution that features:

  • Zero origination or prepayment fees
  • Lower interest rates
  • Simple one-time online application
  • Deferment of principal and interest while in school
  • Flexible repayment terms including graduated repayment for two years
  • Convenient line of credit structure that lets you apply once and secure financing for your entire college career*

*Subject to qualification and annual credit review. For more information and to apply online visit our Student Choice website

Debt Protection Coverage If a protected life event happens to you (and you’re a protected borrower or co-borrower on the loan), Serve Credit Union Debt Protection Coverage will cancel or waive your loan payments, up to the contract maximums—helping to lessen your worries, and your family’s worries, about paying loans during a time when your income may be reduced or lost and paying other household bills becomes challenging. We offer a number of options you could protect yourself against. These events could include:

  • Loss of life, including those caused by acts of war
  • Disability, including those caused by acts of war
  • Family leave

Your purchase of Serve Credit Union Debt Protection Coverage is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of Serve Credit Union Debt Protection Coverage. You may cancel the protection at any time. If you cancel protection within 30 days you will receive a full refund of any fee paid.DP-1202789.1-0515-0617 © CUNA Mutual Group 2015, All Rights Reserved

Gap (Guaranteed Asset Coverage) Our GAP Program helps cover the remaining balance of your loan if you experience a total loss before it is paid off.  Most insurance policies only cover the actual cash value of your asset. As a result, there can be a substantial “GAP” between your loan and the amount your insurance company pays to replace your vehicle.

Please inquire with a Serve Credit Union Loan Officer for more details

Mechanical Breakdown Protection The vast majority of costly mechanical and electrical failures occur after the factory warranty has expired.  Avoid expensive repairs by protecting your vehicle with a Mechanical Breakdown Protection contract!

Please inquire with a Serve Credit Union Loan Officer for more details. National Claims Service phone # 844.307.1001

Loan Skip a Pay Qualified members may have the option to skip their loan payments for one month on one or all of their Serve Credit Union loans, excluding credit cards and mortgage loans.  There is a small fee of $25 per loan for this service.  If you would like to Skip-a-Pay simply fill out our Skip-a-Pay Authorization Form.  To determine if you are eligible to skip your loan payments, contact us.