Loan Products

With credit unions, once you become a member, you always remain a member. Become one today and enjoy these great loan services:

Equity Loans
The equity that you have built in your home can be a valuable resource. It can be used for your child's education, for home improvements, purchasing a vehicle, pay off bills and much more. The interest may be tax deductible.* There are no fees or closing costs with ECFCU's equity loans. Choose the equity loan that 's right for you.

	Home Equity Loan
	Fixed Rates Fixed Terms No closing costs or annual fees Up to 100% financing
	Home Equity Line of Credit (HELOC)
	Access the equity in your home with a line of credit. You can draw against the line for ten years and pay interest only if you desire. At the end of the ten year draw period, you begin a fifteen year repayment of principal and interest. Variable Rate Your line can be accessed by checks No closing costs or annual fees Borrow from $10,000 to $100,000 *Consult your tax advisor concerning tax deductibility.

First Mortgage Program
If you're in the market for a new home, you can get mortgage financing through ECFCU. We have many types of mortgages available - conventional, variable rate, first-time home buyer, VA and FHA - plus 100% financing. Stop in the Credit Union to get prequalified - we'll calculate how much of a mortgage you can comfortably afford - before you begin your house hunting.

New/Used Vehicle Loans
When it's time to buy a new or used vehicle, the credit union is the place to go first. Check out carfax.com to find out the history of that used car. Then get your preapproval and you're in control! The Credit Union offers competitive rates, up to 100% financing and the convenience of automatic payment from your savings or checking.

Signature (Personal) Loans
Used for a variety of purposes, the signature loan can meet almost any of your needs. It's an unsecured loan with very competitive rates and terms. Limits are $7,500 on one signature, $15,000 on two signatures.

Education Loans
We can meet your educational needs with our education loan. Our education loan is at a very low rate, because we want to help you with your education...we believe in education...

Home Improvement Loans
Borrow for all those home repairs, big or small, with a home improvement loan from ECFCU. With our low rates and flexible terms, we'll make sure your job gets done.

VISA Credit Card
Take our VISA Credit Card anywhere you go. You'll always have instant credit at your fingertips, starting at a low fixed rate of 8.9%. Plus the added benefits of travel discounts and insurance, eyewear discounts, emergency cash feature and much more. VISA � accepted around the globe.

Loan Deferral Program
Need a little extra money? Skip a loan payment. Just sign up for our Loan Deferral Plan and you can take advantage of this program once a year (if desired). The missed payment and interest will be added to the end of the loan.

Credit Disability and Life Insurance
Consider the payment protection of credit life and credit disability insurance for your loans. This coverage can make your loan payments when you can't.