Because loans are a large part of everyone's life, Mobile Educators Credit Union understands how important affordable loans are to our members. You can depend on us for:
- Low rates
- No prepayment penalties
- Terms to fit your budget
- Low cost credit disability loan protection available
- Free life insurance up to $20,000
- Convenient payroll deduction or automatic transfer
- Simple interest
Types of loans available:
- Signature (unsecured)
- CD or share secured
- Overdraft Protection (for checking account members only)
- Real Estate
- Debt Consolidation
- Home Equity
- Automobile, Trucks, Boats, Campers, Recreation Vehicles and Motorcycles
Apply for a loan today!
AUTO LOANS
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Finance up to 100% of the purchase price of new automobiles
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Finance Retail value of used automobile - no more than five years old
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Pre- approval before you shop
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Convenient payment terms- auto transfer, payroll deduction or cash
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Take advantage of dealer promotions offering option of low interest rate or cash rebate; finance with Mobile Educators and take the dealer cash rebate.
HOME MORTGAGE/LAND PURCHASE
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First Mortgage - Purchase Up to 90% of appraised value
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First Mortgage - Refinance Up to 90% of appraised value
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Home Equity Up to 80% of appraised value
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Land Purchase Up to 75% of appraised value or selling price whichever is smaller.
Rates are subject to change; please call Lynn Wilson at (251) 473-4712 for current rates and application. Real Estate applications are not available on line.
