Home Improvement Loans

A Home Improvement loan is a loan used to improve your primary or secondary residence. Members owning a primary and/or secondary property are eligible. The loan can be a secured loan (collateral for loan) or an unsecured loan (no collateral).  Most home improvement loans require the borrower to fully describe the nature and scope of the work to be performed. Borrowers should have at least one preferred estimate, including as much detail as possible.

There are different terms and amount based on type of loan – secured versus unsecured.

Home Improvement Loans

Name Term (in months) APR**(As Low As) Cost Per Thousand***
Unsecured 0-36 6.50% $30.66
Unsecured 48 6.75% $23.84
Unsecured 60 7.00% $19.81
Unsecured 72 7.25% $17.18
Unsecured 84 7.50% $15.35
***APR=Annual Percentage Rate. Please note that the interest rate and fees shown here are available to members with an excellent credit history. The actual interest rate and fees available will be based on credit history, property type and loan transaction type, and may be different than the rates displayed here. **New Autos 2024 and 2023 with less than 7500 miles. ***Pre-Owned Autos 2011-2023 with greater than 7500 miles. VSI Insurance is required on all Auto Loans. Minimum Payment Requirements on all auto loans: $25.00 weekly, $50.00 biweekly and $100.00 monthly. A 7 year term may be granted for new or used auto loans in excess of $30,000.00.
***APR = Annual Percentage Rate.  APRs are based upon member’s credit score. Rates listed above reflect strong credit worthiness. Payments listed above do not reflect life and disability insurance. Rates and APRs effective May 24, 2024 and are subject to change without notice.

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