Share Secured Loan
No Maximum Amount
Terms & Conditions
A Share Secured Loan is secured or guaranteed by a member’s savings/share account.
Member can qualify for loan if the following requirements are met:
- Funds can be borrowed against yours or guarantors Shares account
- As the loan gets paid off, more shares become available to you
- Shares continue to earn dividends
- Interest rate is fixed and as low as dividend + 2%
- Term up to 72 months
- No Application fees
- Instant approval and disbursement upon availability of funds*
*Closing documents must be signed before disbursement
All of the above terms and conditions are subject to change. Some restrictions may apply.
Getting Started
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.
SECURED LOANS
- SHARE SECURED LOANS (No Limit)
- SHARE CERTIFICATE LOAN (Up tO Limit of Share Certificate)
FEATURES:
- Borrow against your or guarantors shares account balance.
- As the loan gets paid off more shares become available to you.
- Shares continue to earn dividends.
- Lower interest rates
TERMS & CONDITIONS
Member can qualify for loan if the following requirements are met:
- 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.
- As the loan gets paid off, more shares become available to you.
- Shares continue to earn dividends.
- Maximum terms and starting rates as per rate schedule (insert link).
- No Application fees.
- Instant approval and disbursement of loan subject to fund/certificate availability.
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.
Secured loan Link to calculator
Getting Started
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.