We offer a wide range of loans for a variety of purposes at low rates and great terms. For consumer loans, and home equity loans you'll find we have some of the lowest rates around. We have a convenient re-payment plan for mortgage loans. Because BPFCU is a cooperative financial institution, it exists to serve its members. There are no outside stockholders taking away earnings, which means we can charge less for all our loans.
- Other Loans Offered:
- Auto New
- Auto Used
- RV, Motorcycle, Boat
- Unsecured and Secured
- Signature
- Line of Credit
- Deposit Secured
- Real Estate Loans
- Mortgage
- Home Improvement
- Home Equity
Loan Services
Your credit union can provide loans for any worthwhile purpose, and because we are member owned, our rates are generally lower than you can find at other financial institutions.
The following is an explanation of the various types of loans we offer:
Secured Loans
Secured Loans are available for a specific item such as an automobile, boat, motorcycle, mobile home, home improvement or other large item. In these cases, the purchased item is used as collateral.
Unsecured Loans
Unsecured Loans can be used for vacations, school, home improvements, investments, or simply for purchasing consumer items. These loans are sometimes referred to as Signature or Line of Credit Loans and members who qualify can obtain a line of credit up to $5,000 with just their signature.
Pre-Approved Auto Loans
This is the best way to shop for a new automobile. First have your credit approved up to a specified amount; then you can go shopping for a new car, confident that your financing is already prearranged. Just call the credit union for details.
Loan Protection Insurance
Loan Protection Insurance available on all new loans. A maximum coverage of $30,000 is available at prices that are much lower than those offered by banks or other institutions.
Home Equity Loan
A Home Equity Loan is a line of credit secured by the equity in your home. The maximum loan to value will be 90%.
First and Second Mortgage Loans
These are real estate loans secured by real property, and there are many plans to suit member needs. Loan repayment through payroll deduction is available for the convenience of the member.
VISA® Gold, VISA®
Our credit cards offer members the convenience of credit card purchases or cash advances. Each card has a low annual percentage rate.
