Loans

There comes a time in most peoples’ lives when they need a helping hand. Are you looking to buy a home or a car? How about that dream boat, camper or business you’ve always wanted? Maybe, you would prefer to consolidate your existing debt and reduce your monthly payments? Very few people have the cash on hand to buy most of these things outright. That’s where we come in, HCCU offers a wide range of loans for your needs, wants and unexpected hiccups. So, whether you’re looking for a new home or a snowmobile, see if we can help with one of our many loan products.

What are my loan type choices?

Consumer Lending –Every person and every family has distinctive needs.  There is no “one size fits all” when making lifestyle choices.  A consumer loan application is used when the loan does not involve any type of real estate, land or business. Consumer lending is for personal loans such as, vehicles, boats, campers and some unsecured lending.

Vehicle Lending – Terms up to 8 years.  New & Used Vehicles, ATV/UTV, Motorcycle & Snowmobile.

Recreational Lending – Terms up to 10 years.  Boats, Campers, Motorhomes, Toy Haulers & Ice Houses. Extended Warranty and GAP (Guaranteed Asset Protection) is available on new & used auto, RV & power sport Vehicles.

Unsecured Lending-Terms up to 3 years

Kwik Cash – Kwik Cash is a revolving line of credit (usually up to $2500) that is available for use as long as the monthly payments are being made and you are not over your credit limit. Once approved, the funds are available on your account and can be withdrawn as needed.

Personal Loans • Christmas • Home Heating • Credit Builder Program • HVAC

Real Estate Lending – HCCU offers a wide range of real estate loan programs to fit your lifestyle and your budget.  Plus, we offer excellent rates with lower closing costs.  By financing your real estate loan through HCCU, you may save up to $500 in fees.10 to 30 year Fixed Rate Financing Options.

Residential Real Estate Lending-

Mortgage Loan Application – Is a closed end loan with a maximum term of 30 years.

10 to 30 year Fixed Rate Financing Options.

FHA, VA, USDA Loans.

Construction Loans

Home Improvement Loans

Fixed Rate Loan – A Fixed Rate Loan is a closed end loan with a maximum term of 30 years. The interest rate will not change over the life of the loan. At the present time all HCCU Fixed Rate loans are Secondary Market Loans, which means the loan will be underwritten following Freddie Mac or Fannie Mae guidelines and will be sold to Freddie Mac or Fannie Mae after the loan closes and is disbursed.

Vacant Land Loans- Up to 80% LTV.

HELP-(Home Equity Line of Credit) – A HELOC is an open ended, 5 year, interest only loan that is made using the equity you have in your home. Payment of the interest due is required each month and the loan must be paid in full at the time of maturity.

Commercial Lending– HCCU is proud to offer Member Business Loans & SBA (Small Business Administration Loans).  We Finance commercial real estate, commercial equipment and offer business lines of credit.

Member Business Lending

Equipment • Real Estate • Lines of Credit

For further details and full disclosures on all of loan products, please speak with one of our Loan Officers. You may also view and print loan disclosures and applications at the “Forms & Applications” page.