SMW 104 Federal Credit Union offers a full range of consumer loans to suit your borrowing needs, which are outlined below. Our consumer loans are calculated with simple interest, which means the faster the loan is repaid, the less interest you pay. Additionally, we do not charge prepayment penalties.
Applying for a loan is quick and easy. Simply call the credit union to request a loan application or complete the application online. A calculator is available to approximate your monthly payment.
Features you receive when financing your vehicle with SMW 104 Federal Credit Union
- Low Rates
- No prepayment penalty
- Print-out showing dealers invoice price for new vehicles; Kelly Blue for used vehicles
- Guaranteed Asset Protection (GAP). Please contact the credit union for more details.
- Mechanical Breakdown Protection
- Convenient payment options
**We do not finance vehicles with a Salvaged Title, Lemon Law Buyback Title or a Warrantee Return Title
Do you have your heart set on a Harley? We offer competitive financing on new and used motorcycles.
**We do not offer financing for dirt bikes
Boats, Travel Trailers, 5th Wheels and Motor Homes
Looking to purchase a new or used recreational vehicle or boat? Let us show you how affordable financing can be.
Looking to travel, assist with your child’s tuition, or small home improvement? A Signature loan might be for you.
Savings Secured Loans
Do you have the money to make your purchase, but don’t want to deplete your savings? Then a Savings Secured loan is for you. Borrow against your savings at SMW 104 Federal Credit Union at a low rate and continue to earn dividends on the entire balance in your savings account.
Upon qualification, we will loan up to 80% of the market value of your home, minus what you owe on your first mortgage up to a maximum loan of $250,000. The home must be your primary residence located in California. Various terms availalbe for qualified borrowers. Please contact our office for the current rate.
Home Equity Line Of Credit (HELOC)
Are you looking to consolidate bills, home remodeling or college tuition? If your primary residence is located in California, then maybe this is the loan for you. Upon qualification, we will loan up to 80% of the market value of your home, minus what you currently owe on your first mortgage up to a maximum loan amount of $250,000. Please contact our office for the current rate.
Rick Hanan NMLS #489317
Yvonne Caisse NMLS #488770
Tiffany Johnson NMLS #1125045
Credit Union Mortgage Loan Program
We have partnered with CU Lending, which offers a wide range of residential home loan programs tailored to fit your specific needs, including:
- Fixed and adjustable rate mortgages
- FHA/VA Loans
- First-time home buyer programs
- Conforming loans
- Jumbo loans
- Investment property
- Second home