Loans
Whatever your DREAMS may be, let CPM Federal Credit Union help you PLAN your future, because YOU are the OWNER! CPM Federal is committed to offering our members competitively priced loan services to meet a variety of needs. Whether you are taking a family vacation, buying that new car, or starting a home improvement project, we are here for you.
CPM FEDERAL HAS A LOAN TO FIT EVERYONE’S NEEDS!
HERE ARE JUST A FEW…
• Personal
• Auto
• Boat
• Motorcycle
• Recreational Vehicle
• Computer
• Farm Equipment
• Debt Consolidation
• Home Equity Line of Credit
• Land
• Mobile Home
• 1st Mortgage for Purchase or Refinance
Car & Boat Loans:
We put you in the driver’s seat with our fixed rate simple interest loans for new and used car, truck, boat and recreation vehicles. The approval process is fast and easy. You will hit the road with a pre-approved loan in hand. See a Financial Services Representative in your local branch to get pre-approved today.
Personal Loans:
Those unplanned life expenses will find a way into your
wallet. Paying for it is easy, let CPM Federal help.
Medical bills, car repairs and holiday shopping doesn’t
have to be stressful anymore.
Share Savings and Share Certificate Secured Loans:
If you need to build credit to gain buying power but do not want to touch your savings or certificate funds, talk to us about a Share Savings or a Share Certificate Secured loan. It’s the best way to build your credit score with little risk.
Loan Protection
The following products are available to you for your protection:
GAP (Guaranteed Asset Protection)
Do you know your vehicles actual cash value? It might be lower than you think. Make sure you are covered. Ask a Financial Service Representative for more details.
MRC (Mechanical Repair Coverage)
Expect the unexpected. You never know when you car is going to break down. MRC will be there for you.
Credit Life & Disability Insurance
Preserve the standard of living you worked so hard to achieve.
Click Here to Apply!
Vehicle Loan Rates (Last Modified: Aug 17, 2010)
| Type | Term | APR (as low as) |
|---|---|---|
| New Autos* and Used Autos | Up to 60 months | 3.99% |
| New Autos* and Used Autos | Up to 72 months | 4.25% |
| New Motor Homes | 36 months | 6.50% |
| 60 months | 6.75% | |
| 120 months | 7.15% | |
| Used Motor Homes | Up to 84 months | 8.25% |
| New Mobile Homes | 8.00% | |
| Used Mobile Homes | 9.00% | |
| New Four Wheeler | 7.00% | |
| New Farm Equipment | Up to 60 months | 9.00% |
| Used Farm Equipment | 36 months | 10.00% |
| New Marine Equipment | Up to 84 months | 4.50% |
| Used Marine Equipment | Up to 72 months | 5.50% |
| New Motorcycles | Up to 60 months | 6.00% |
| Used Motorcycles | Up to 48 months | 6.75% |
*New vehicles are either current or previous year auto with less that 12,000 miles.
(As low as) rates listed below are best available based on approved credit; actual rate offered may be higher depending upon applicant's credit rating and other underwriting factors. All advertised rates are subject to change without notice.
Other Loan Rates (Last Modified: Aug 06, 2010)
| Type | Term | APR |
|---|---|---|
| New Travel Trailers | as low as 7.75% | |
| Used Travel Trailers | as low as 8.25% | |
| New Appliances | New Only | as low as 5.99% |
| Home Furnishings | New Only | as low as 5.99% |
| New Computers | 24 months | as low as 4.99% |
| Overdraft | 16.50% | |
| Certificate - Secured | 2.00% Greater Than Certificate Earning |
"As Low As" rates listed below are our best rates based on approved credit; actual rate offered may be higher depending upon applicant's credit rating and other underwriting factors. All advertised rates are subject to change without notice.
What would you like to know?
