Loans
M-C has a variety of loan options and lines of credit to fit your needs. Everything from your first car to your first mortgage. Explore all the options and give us a call or apply online!
- Home Loans
Home Loans
M-C offers mortgage loans to purchase, build or refinance. Explore the options of a home loan with low closing costs today.
First Mortgage Loans - Principal Residence APR* Terms - Fixed Max. 80% Loan to Value 10 Year Temporarily Unavailable - Ask a Loan Officer for more information 15 Year 20 Year 30 Year 5/1 ARM - 30 Year Maximum 4.50% Home Equity Loan - Principal Residence APR* Terms - Fixed Max. 90% Loan to Value 0-36 months 2.29% 37-60 months 2.69% 61-84 months 3.59% 85-120 months 3.99% 121-180 months 4.49% 181-240 months 5.99% Additional advances available for Home Equity Loans and LOC 81-85% LTV add .25% 86-90% LTV add .50% Questions about a home loan? Contact Us
As a credit union member, home insurance could be more affordable! Find out how
*APR = Annual Percentage Rate. Rates are subject to change without notice. LTV=Loan to Value. ARM=Adjustable Rate Mortgage. WSJ=Wall Street Journal. ^Your rate on auto loans may vary from the rates above and will be determined by your credit history, term and age of vehicle. Your rate on MasterCard may vary from the rate above and will be determined by your credit history and card relationship. Your rate on signature loans may vary from the rates above and will be determined by your credit history. ± An alternative to Payday Loans. $25 application fee. †Competitive rates and fees.Loan fees vary based on credit history and other underwriting criteria. Maximum lifetime aggregate limit $250,000. ‡$300 application fee. Other fees may apply. Your rate will be determined by your credit history as well as other factors relating to the type of loan request. M-C Federal Credit Union membership is required.
- Auto Loans
- Online
- Loan by phone 1-866-265-4255
- At our participating Credit Union Indirect Dealerships
- At any of our branch locations
Auto Loans
Buying the right vehicle is important and so is choosing the right auto loan to go along with it. M-C offers auto loans on new and used vehicles with competitive rates. Make your purchase at one of our direct dealers and drive away with your vehicle that day! Ask about the benefits of refinancing you existing vehicle loan from another financial institution.
A few easy ways to apply
The simple way to shop for your next vehicle | AutoSMART
Vehicle Information | NADAQuestions about an auto loan? Contact Us
Vehicle Loan Rates^ Term APR* On the Spot Financing is Available Rates as low as New Vehicles & Demos 2.29% Used Vehicles 2.89% Recreational Vehicles/Motorcycles New 5.50% Used 5.75% Boats 0-60 months 11.50% As a credit union member, auto insurance could be more affordable! Find out how
Insurance coverage on your vehicle is very important. Once a loan has been approved, providing M-C FCU with proof of insurance is simple.
*APR = Annual Percentage Rate. Rates are subject to change without notice. LTV=Loan to Value. ARM=Adjustable Rate Mortgage. WSJ=Wall Street Journal. ^Your rate on auto loans may vary from the rates above and will be determined by your credit history, term and age of vehicle. Your rate on MasterCard may vary from the rate above and will be determined by your credit history and card relationship. Your rate on signature loans may vary from the rates above and will be determined by your credit history. ± An alternative to Payday Loans. $25 application fee. †Competitive rates and fees.Loan fees vary based on credit history and other underwriting criteria. Maximum lifetime aggregate limit $250,000. ‡$300 application fee. Other fees may apply. Your rate will be determined by your credit history as well as other factors relating to the type of loan request. M-C Federal Credit Union membership is required.
**These additional discounts are what makes the interest rate 1.99% APR, they are not discounts on the 1.99% rate.
- Home Equity Line of Credit
Home Equity Line of Credit
Use the equity in your home for home improvements, consolidation of debt, or vacation.
The uses are endless.The interest may even be tax deductible; contact your tax advisor.
Home Equity Line of Credit (HELOC) APR* Terms 3/1 ARM (WSJ Prime +1.25%) 4.50% 5/1 ARM (WSJ Prime +1.50%) 4.75% Questions about a Home Equity Line of Credit? Contact Us
*APR = Annual Percentage Rate. Rates are subject to change without notice. LTV=Loan to Value. ARM=Adjustable Rate Mortgage. WSJ=Wall Street Journal. ^Your rate on auto loans may vary from the rates above and will be determined by your credit history, term and age of vehicle. Your rate on MasterCard may vary from the rate above and will be determined by your credit history and card relationship. Your rate on signature loans may vary from the rates above and will be determined by your credit history. ± An alternative to Payday Loans. $25 application fee. †Competitive rates and fees.Loan fees vary based on credit history and other underwriting criteria. Maximum lifetime aggregate limit $250,000. ‡$300 application fee. Other fees may apply. Your rate will be determined by your credit history as well as other factors relating to the type of loan request. M-C Federal Credit Union membership is required.
- Personal Signature Loans
Personal Signature Loans
See how easy it can be you get the items you need. You can purchase appliances, furniture, pay taxes, or consolidate small debts. There is no collateral required for this loan. Automatic payment rate discounts are available on the signature loans, (not available on line of credit) Rates, loan limits and terms are based on your credit score.
Personal & Secured Loans^ Term APR* Rates as low as Signature Loan 7.99% Line of Credit 11.00% Computer Loan 0-60 months 7.00% Share Secured 4.25% Share Certificate (CD) Secured 2% over Certificate Rate or share secured rate whichever is higher Questions about a signature loan? Contact Us
*APR = Annual Percentage Rate. Rates are subject to change without notice. LTV=Loan to Value. ARM=Adjustable Rate Mortgage. WSJ=Wall Street Journal. ^Your rate on auto loans may vary from the rates above and will be determined by your credit history, term and age of vehicle. Your rate on MasterCard may vary from the rate above and will be determined by your credit history and card relationship. Your rate on signature loans may vary from the rates above and will be determined by your credit history. ± An alternative to Payday Loans. $25 application fee. †Competitive rates and fees.Loan fees vary based on credit history and other underwriting criteria. Maximum lifetime aggregate limit $250,000. ‡$300 application fee. Other fees may apply. Your rate will be determined by your credit history as well as other factors relating to the type of loan request. M-C Federal Credit Union membership is required.
- Student Loans
Student Loans
“On March 30, 2010 President Obama signed the Student Aid and Fiscal Responsibility Act (SAFRA), which mandates all schools process loans through the Federal Direct Loan Program (FDLP).” For questions regarding student loans, please contact your school’s Financial Aid Office.
- Business Loans
Business Loans
We understand the needs of the small business owner and are committed to making the financing process as simple for you as possible. Contact a loan officer for application details.
M-C offers an online tool you may use to help you grow in your business.
Questions about a Business loan? Contact Us
*APR = Annual Percentage Rate. Rates are subject to change without notice. LTV=Loan to Value. ARM=Adjustable Rate Mortgage. WSJ=Wall Street Journal. ^Your rate on auto loans may vary from the rates above and will be determined by your credit history, term and age of vehicle. Your rate on MasterCard may vary from the rate above and will be determined by your credit history and card relationship. Your rate on signature loans may vary from the rates above and will be determined by your credit history. ± An alternative to Payday Loans. $25 application fee. †Competitive rates and fees.Loan fees vary based on credit history and other underwriting criteria. Maximum lifetime aggregate limit $250,000. ‡$300 application fee. Other fees may apply. Your rate will be determined by your credit history as well as other factors relating to the type of loan request. M-C Federal Credit Union membership is required.
- Home Equity Loan Special
- Rate as low as 2.29%
- Fees waived
- No hidden charges
- Quick Decisions
- Personal Service
- Automatic Transfers
- Use the loan for anything
- Apply Online
- Apply by phone through our loan department 800-834-0082 ext. 1250
- Apply at any branch location
- Using home equity loans for education is another popular choice, with the skyrocketing costs of post-secondary education and higher incomes that don’t qualify for special grants and government-backed loans.
- Home equity loans used to pay for education are investments of sorts too. An educated son or daughter is more likely to be financially independent sooner and building his or her own wealth rather than draining yours.
- Unfortunately, college for your kids comes just about that time when you are nearing retirement and may consider home equity loans to offset your reduced income. Don’t over look special educational loans, tax writeoffs and scholarships to meet your children’s educational needs.
- Almost as common as debt consolidations are home equity loans used for home improvements. With carefully planned and professionally completed work, homeowners effectively put home equity loans back into the home by adding more square footage, by bringing the home up to current building codes and by upgrading to contemporary home design and features.
- Problems here stem not so much from using home equity loans for home improvements, but the decisions you make about the improvements.
- The best improvements from home equity loans increase the fair market value of your house. Remodeled rooms, notably kitchens and bathrooms, add the most value. Additions are fine too as long as you don’t over improve. Additions should blend in both with your home’s existing style and the design of the homes in your neighborhood. Interior painting, carpeting and the like probably won’t add much value, but those cosmetic touches will improve the salability of your home
- Eliminating higher-rate debt, such as that on multiple credit cards. Home equity loans can pay them all off leaving you with one monthly bill that’s likely smaller than the others combined.
- It’s also a good chance the interest rate will be half what you were paying on just one credit card. The rate on home equity loans is cheaper because, unlike credit cards, the debt is secured by your home.
- Additional debt-cost savings are available because with the consolidation you’ll likely pay off your debt sooner. Along the way you’ll get to deduct the interest, up to the legal limits allowed for home equity loans.
Home Equity Loan Special
No Hassle Home Equity Loan3 easy ways to apply
Questions? Call 800-834-0082 or contact us by email
Three Main Reasons Home Equity Loan can work for you
1. Invest home equity funds in your kids
2. Putting your home equity money back
3. Debt consolidation
** Terms and Conditions may apply. APR-annual percentage yield. APR is subject to change without notice. Minimum amount is $7,500 borrowed at 2.29% APR. $100.00 minimum monthly payment required. Fees waived include: Property search, flood search, recording fee, appraisals, and other fees. Property insurance is required. Membership eligibility is required–see field of membership at www.mcfcu.org by clicking join us. All Bloomsburg and Berwick residents are eligible for membership. An atuomatic payment from your M-C FCU deposit account is required to receive the lowest rate.
