WHAT ARE MY REAL ESTATE LOAN OPTIONS?
WHAT TO EXPECT.
"I can do physical therapy; but when it comes to financial transactions...I'm going to need some guidance.” They were open to that, they took me step-by-step and showed me what to do. The Louisiana Federal Credit Union was the first meeting I had with a bank and I never had another meeting with another bank because the credit union just felt right. I was able to focus on opening my clinic because Louisiana FCU made the financial process so easy."
- Chris C. MEMBER SINCE 2003
STEP 1: RESEARCH REAL ESTATE LOAN RATES.
Rates effective as of March 14, 2019
Rates subject to change without notice.
No maximum loan amount
Terms up to 15 years with amortizations up to 25 years
STEP 2: RESEARCH VEHICLE VALUE AND CALCULATE YOUR AUTO LOAN PAYMENT.
KNOW YOUR CAR'S VALUE
Check NADA for car prices so you can decide what is a fair price to pay for the vehicle. Very few vehicles actually sell for MSRP (Manufacturer’s Suggested Retail Price or “sticker price.”) Negotiate a sales price from the invoice price up - not down from the MSRP. Taxes, registration, and transportation costs are not included in MSRP.
Sometimes buyers have the option of choosing between rebates or zero percent financing – but not both. In most cases, you are better off taking the rebate rather than zero percent interest. Losing out on the rebate means you pay more for the car – more than if you would have taken the rebate and financed at a low rate. We can guide you through both options and help you decide what would be best for you.
Credit Life Insurance helps cover the loan balance in the event of a borrower's death.
Credit Disability Insurance helps cover loan payments if covered borrower becomes totally disabled.
Mechanical Repair Coverage (MRC) helps protect against the cost and inconvenience of breakdowns.
Guaranteed Asset Protection (GAP) pays the vehicle's cost not covered by primary insurance when it is totaled or stolen.
* APR = Annual Percentage Rate
Loan terms based on underwriting
Rates are based off of Wall Street Journal Prime