membership

Auto Loans

New and Used auto loans offer fixed rates from 24-72 months.

  • Promotional Rate for New Cars is 2.49%* APR**
  • Promotional Rate for Used Cars is 3.25%* APR**
  • Up to 125% financing offered on new automobiles based on approved credit
  • Payments can be made by payroll deduction, automatic debit, mail, or in person.
  • Other restrictions may apply to finance a vehicle such as down payment, tax, title and license.

*2.49% annual percentage rate is based up to 60 month term.

*Rates are based on qualified credit and term of the loan.

Guaranteed Asset Protection (GAP)

GAP is a Loan/Lease Balance Deficiency Waiver designed to protect individuals who finance a new or used vehicles by eliminating the unpaid net loan or net lease balance in the event of theft or total loss.

If the vehicle is damaged beyond repair (“totaled”) or stolen and never recovered, GAP protects the member against financial loss by covering the difference between the actual cash value (ACV) of the vehicle and the loan/lease balance (up to the policy maximum).

Major Mechanical Protection

The average family drives 18,000-20,000 miles per year. In this amount of time, your vehicle may be out of the manufacturer’s warranty in less than 2 years. Don’t let your vehicle go unprotected during your ownership.

Platinum Coverage Plan

Platinum Coverage offers top-level vehicle protection against costly repairs due to mechanical breakdown of manufacturer installed mechanical and electrical parts.

Additional Benefits: 24-Hour Roadside Assistance & More

Call any one of our loan officers for quotes and brochures.

** APR = Annual Percentage Rate

Consumer Loans

Personal Loans

Terms from 12-48 months

Rates as low as 7.00%* APR** based on members credit and term of loan.
Qualified members can borrow up to $10,000 with single day processing.
Obtain a personal loan for debt consolidation, house repairs, medical bills, education, etc.

*Rates are based on qualified credit and term of the loan.

Boat Loans

Up to 85% financing with terms from 36-60 months available based on approved credit.

*Rates are based on qualified credit and term of the loan.

Secured Loans

Loans secured by share accounts at 4.000% – 5.500%APR** over dividend rate.

Loan Payments can be made by payroll deduction, automatic debit, mail, or in 
person.

*Rates are based on qualified credit and term of the loan.

** APR = Annual Percentage Rate

Real Estate Loans

HOME EQUITY LOANS

Take advantage of the opportunity to access the equity in your home. A home equity loan* is an economical way to borrow money because not only will you have a low-rate loan but you may enjoy a possible federal tax deduction.**

Use the equity in your home to consolidate debt, pay for higher education, start a business, take a dream vacation, or for just about any other borrowing need.

Advantages of applying for a home equity loan at LFCU:

  • Financing available up to 80 percent of fair market value
  • Low fixed rates
  • Credit life and disability insurance available at low cost
  • Automatic payment available

* Loans subject to credit approval. Rates and terms subject to change without notice. LFCU home equity loans are available in Webb county and contiguous counties. As a safeguard, a 12-day cooling-off period is required by Texas law before home equity loans may be closed. There is also a three-day right of rescission after closing before the funds may be dispersed. Total debts against the homestead are limited to 80 percent of its fair market value. Minimum loan amount is $10,000.

** Consult a tax advisor about your specific situation.

Lender licensed by the National Mortgage Licensing System under registration number 477589.

HOME IMPROVEMENT LOANS

If your house isn’t everything you’ve dreamed it could be, consider a home improvement loan to make your house home sweet home.

Advantages of applying for a home improvement loan at LFCU:

  • Financing available up to 90 percent of fair market value including improvements
  • Financing up to 10 years
  • Credit life and disability insurance available at low cost
  • Automatic payment available

Note: In order to preserve your ability to gain a home improvement loan, do not have any work started or any materials delivered to your property prior to fulfilling certain steps.

Loans subject to credit approval. Rates and terms subject to change without notice. LFCU home improvement loans are available in Webb county and contiguous counties. As a safeguard, a 5 day cooling-off period is required by Texas laws before home improvement loan funds may be closed. There is also a three-day right of rescission after closing before the funds may be dispersed.

Lender licensed by the National Mortgage Licensing System under registration number 477589.

HOME LOANS

A home is probably the single biggest investment decision you will ever make. If you are planning to buy a home, let our experienced loan officers guide you through the borrowing process. We offer a variety of options including 10, 15, 20, and 30 year conventional, FHA, and VA loans.

You can be pre-approved for your home loan before you start to shop for a house. By being pre-approved you know exactly how much you can afford to spend. Now all you have to do is find your dream home!

Advantages of applying for a home loan at LFCU:

  • Free and fast pre-approvals.
  • Local underwriting and servicing.
  • Mortgage life and disability insurance available at low cost.
  • Automatic payment available.

Loans subject to credit approval. Rates and terms subject to change without notice. LFCU mortgage loans are available in Webb county and contiguous counties.

Lender licensed by the National Mortgage Licensing System under registration number 477589.

RESIDENTIAL LOT LOANS

The purpose of this loan is to purchase a residential lot with the intention of building a home or to refinance an existing loan.

Advantages of applying for a residential lot loan at LFCU:

  • Financing available with down payment as little as 10 percent down
  • Low fixed rates
  • Credit life and disability insurance available at low cost
  • Automatic payment available

Loans subject to credit approval. Rates and terms subject to change without notice. LFCU residential lot loans are available in Webb county and contiguous counties.

Lender licensed by the National Mortgage Licensing System under registration number 477589.