Affinity Lending Options That Fit Your Life
Date: August 22, 2022
Debt can feel debilitating, like there’s no way out. Various life milestones can land you in debt, such as earning a degree or buying a home, hindering you from fully enjoying those achievements.
Here at Affinity Federal Credit Union, we structure our loans with members in mind, offering competitive rates and flexibility for your financial wellbeing.
Loans that Advance your Financial Positioning
Buying a house is a big deal but shouldn’t be a big stressor. We make getting a mortgage stress-free and affordable so you can enjoy your home from the moment you’re handed the keys. Personalized guidance with a Mortgage Loan Officer (MLO), no lender fees, and a variety of mortgage loan¹ options help us to do this. Our personalized mortgage calculator can help determine what your mortgage payment will be over time so you’re never questioning what your next step will be.
Auto loans² are a common loan option for those who are on the go. Our one-stop auto shop will provide you with everything you need to buy and protect your vehicle with low rates and 0.25% Annual Percentage Rate discounts for automatic payments. Our flexible repayment options will give you more control over your finances.
Loans that Help you Get Ahead
Getting a degree is hard work, but the work doesn’t end once you receive your diploma, especially if you have student loans to pay back. Taking advantage of Affinity’s student loan programs³ can help you get ahead and stay ahead so you can enter your career stress free. Our loan options are specified by degree, such as MBA loans and medical school loans, so you can get loans personalized to you and your needs.
Affinity’s student loan consolidation program⁴ allows you to group all of your student loans together–both public and private–and attaches a low fixed rate with just one monthly payment. This unique offering allows borrowers the freedom to save money every month and pay loans back faster, or even extend payments according to your needs. Those with full-time work for at least six months and are currently paying back student loans are eligible for this refinancing program with no application or prepayment fee.
Sometimes you need a loan for other reasons that may not fit into the typical box of common loan options from other lenders. Personal loans⁵, also known as unsecured or signature loans, allow you to borrow money for various reasons such as emergency expenses, vacations, or other large purchases. These types of loans typically require a higher credit score and include a higher interest rate. Our personal loan features include an easy application process, flexible terms, and no hidden costs.
Loans that Bring You Closer to Your Goals
A Home Equity Line of Credit⁶ (HELOC) could be the missing puzzle piece in your financial flexibility. Our variable rate of as low as 5.50% Annual Percentage Rate, HELOC from Affinity allows you to make home improvements, get a new car, or consolidate your debt. Our two types of HELOC repayment options–traditional and interest-only– give you the ability to choose what equity solution is best for you.
Similarly, a debt consolidation loan⁷ can also assist you in getting one step closer to your goal of being debt-free. If you have high-interest debt from credit cards or personal loans, combining into a single low-rate debt consolidation loan could be your answer to save money in the long run.
Loans that Help You Achieve Your Dreams
We like to dream big at Affinity, and our clients do too. Getting a loan to start your dream business⁸ is the first step to success. Our Business Specialists will help you understand your business’ needs and help you achieve success with flexible rates and flexible payment schedules.
Our team is available and eager to discuss loan options that can send you up for financial success. Whether it be for alleviating your student loans or opening your dream business, you can contact our experts at one of our branches⁹ today.
This information is for informational purposes only and is intended to provide general guidance and does not constitute legal, tax, or financial advice. Each person’s circumstances are different and may not apply to the specific information provided. You should seek the advice of a financial professional, tax consultant, and/or legal counsel to discuss your specific needs before making any financial or other commitments.