Semi Secured Loans
Loans ranging from $1,001 – $300,000
Semi Secured Loan Features:
- Borrow up to twice the pledged shares (50%) against your or guarantors shares account balances
- As the loan gets paid off more shares become available to you proportionately to the pledged amount
- Shares continue to earn dividends
- Low fixed interest rate
- Term up to 84 months
Semi Secured Personal Loan
Member can qualify for the loan if the following requirements are met:
- Members must be in good standing as a borrower/guarantor and must meet loan criteria to qualify.
- A minimum of one guarantor is required
- Income verification required
- All borrowers must sign IRS Form 4506-C for verification of their tax returns with the IRS.
All of the above terms and conditions are subject to change. Some restrictions may apply.
Guarantors are required. Please note that acceptance of your application does not mean approval of a loan. INCOMPLETE Loan Applications will not be processed. Supporting documents must accompany the application.
Semi Secured Signature Loan
Members can qualify for the loan if the following requirements are met:
- Members must be in good standing as a borrower/guarantor and must meet loan criteria to qualify.
- Income verification required
- All borrowers must sign IRS Form 4506-C for verification of their tax returns with the IRS.
All of the above terms and conditions are subject to change. Some restrictions may apply
Please note that acceptance of your application does not mean approval of a loan. INCOMPLETE Loan Applications will not be processed. Supporting documents must accompany the application.
Semi Secured Personal Loan
Features:
- Borrow up to twice the pledged shares (50%) against your or guarantors shares account balance.
- As the loan gets paid off more shares become available to you proportionately to the pledged amount.
- Shares continue to earn dividends.
- Lower interest rates
Terms and Conditions:
- All borrowers must have an account/membership with NPFCU to apply for a loan.
- All borrowers must be in good standing and be of legal contractual age.
- All borrowers must have legal status to reside and work in the United States.
- Co borrowers or guarantors may be required to meet the loan criteria based on the requested loan amount, credit and income of borrowers.
- Proof of income is required (Paystubs or Bank Statements, Tax returns & Transcripts)
- Maximum terms and starting rates as per rate schedule – see our rates page.
- The interest rate is based on the loan term.
- Application fee applies (refer to application fee disclosure).
All of the above terms and conditions are subject to change. Some restrictions may apply.
“Apply Online” Click here to access our online loan application portal where you can submit your loan application and a Loan officer will reach out to you to provide your supporting documents.
Guarantors are required. Please note that acceptance of your application does not mean approval of a loan. INCOMPLETE Loan Applications will not be processed. Supporting documents must accompany the application.
