LOANS

&

LOAN SPECIALS


CLICK IMAGE TO SEE CURRENT LOAN SPECIALS

WHAT YOU NEED TO GET STARTED:

(CLICK ON THE + BELOW TO SEE DETAILS)

  • 1. New Secure Loan (i.e., auto, motorcycle, RV, etc.)

    1. Loan application

    2. Most recent pay stubs: City employees 1 most recent pay stub/ non-city employees need 2 most recent pay stubs.

    3. Purchase order 


    To be considered new, it needs to be the previous year or newer with less than 15,000 miles.

  • 2. Used Secure Loan (i.e., auto, motorcycle, RV, etc.)

    1. Loan application

    2. Most recent pay stubs: City employees 1 most recent pay stub/ non-city employees need 2 most recent pay stubs.

    3. Bluebook (private party value or appraisal) We can finance up to the blue book value.

    4. If refinancing a loan and it is currently with another lender, we need a 10-day payoff with payoff address from the current lender.


  • 3. Signature Loan

    1. Loan application

    2. Most recent pay stubs: City employees 1 most recent pay stub/ non-city employees need 2 most recent pay stubs.


    You can get up to $10,000.00 for those who qualify.

  • 4. Shared Secure loan

    1. Loan application

    2. Most recent pay stubs: City employees 1 most recent pay stub/ non-city employees need 2 most recent pay stubs.


    Borrow against your own savings. A great way to make sure you pay yourself back.

TERMS & CONDITIONS FOR LOANS & SPECIALS

Loan promotion exceptions: To refinance a current SMAEFCU loan at a lower promotional lending rate the member must have a credit score of 701 or higher and have had the current loan for at least 3 years or for less than 30 days. Members may always refinance at a higher lending rate if they qualify. 


We reserve the right to change these terms and conditions at any time without prior notice.

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