Apply for a Loan
Quick and Easy: Apply for an FMFCU Loan Online
We offer a wide selection of competitive loans to meet the various needs of our members. With an FMFCU loan, you’ll find simple and convenient financing options at competitive rates. Instant decisions* are available for Home Equity Loans, Personal Loans, and Vehicle Loans.
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Home Equity Loan & FLEX Line of Credit
HOME EQUITY LOAN
Put the equity in your home to work for you with an FMFCU Home Equity Loan*. If you know the exact amount you need, our Home Equity Loans are just right for you! Do you have a Home Equity Loan somewhere else? You could possibly lower your rate by transferring it to FMFCU.
- Use for home improvements or debt consolidation
- Financing up to 90% loan-to-value
- Terms up to 240 months
- Potential tax advantages (consult your tax advisor)
- Fixed rates, fixed payments
- Can be collateralized by owner and non-owner occupied
- FAQs
- Calculate Payment
HOME EQUITY FLEX LINE OF CREDIT
An FMFCU Home Equity FLEX Line of Credit gives the flexibility to turn balances into fixed-rate loans.
- Special introductory rate of 1.99% APR for the first six months for qualified borrowers*
- No annual fee or cash advance fee
- 10-year draw period and 15-year repayment periods
- Up to 3 Fixed Rate Loans with a $10,000 per loan minimum
- Financing up to 90% loan-to-value is available on primary property only
- Potential tax advantages (consult your tax advisor)
APPLY FOR A HOME EQUITY FLEX LINE OF CREDIT
*1.99% Annual Percentage Rate (APR) accurate as of 5/14/21 is fixed for six calendar months after account opening and available for Tier 1 and Tier 2 borrowers up to 80% Loan-To-Value (LTV). Thereafter, APR adjusts in accordance with variable rate terms of credit agreement. Interest rates based on highest Prime Rate published in The Wall Street Journal in effect on the last day of the month plus the margin. The margin is based on LTV, line requested, and member credit history. Floor for all HELOCs is 2.99%, ceiling is 18%. Title insurance required on home equity loans/lines over $500,000. Owner occupancy and homeowners insurance required. When draw period ends, repayment terms are up to 15 years on remaining balance. Offer valid on new FMFCU credit lines only. Subject to credit approval. Membership eligibility applies. NMLS# 403573.
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Mortgages
FMFCU’s Mortgage Officers can help you along the way to your new home or assist you with refinancing. Whatever the case may be, our experienced officers will make the mortgage process easy, quick, and efficient.
You can apply online, in person or even over the phone. Work with the officer assigned to your branch for applying or for any help that you may need.
APPLY WITH A MORTGAGE OFFICER TODAY
Review FMFCU Mortgage Products
Make sure to have the essential documents* needed for processing and expediting your mortgage application.
* Essential documents needed to expedite your mortgage request include the following:
- Fully executed agreement of sale (all pages), for the property being purchased.
- If applicable, the fully executed agreement of sale (all pages), for the property being sold.
- Copies of your 2 most recent pay stubs (for all employed borrowers).
- Most recent W-2 form.
- One month’s most recent bank statement for all accounts you want FMFCU to consider for down payment and closing costs. Please be sure to include all pages, even if you believe they may contain no pertinent information. It must be a copy of an actual bank statement or e-statement, as long as, it is an exact replica of an actual statement.
- If applicable, a copy of Divorce Decree and Property Settlement Agreement.
- If self-employed, copies of 2 most recent year’s 1040 forms (all pages).
- Application Fee (usually $425).
- If applicable, Name and number for the homeowners association.
- Provide evidence of homeowners insurance at least two weeks prior to closing.
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Auto, RV and Motorcycle Loans
AUTO LOAN
FMFCU offers both new and used auto loans to fit all of your auto loan needs. We even do refinancing from other financial institutions*. Plus, we offer an Auto Express Check that gives you cash in hand when you go to a dealership or a private sale. Get approved in minutes…apply online now!
*FMFCU auto loans cannot be refinanced.
RECREATIONAL VEHICLE (RV) LOAN
When the open road calls, we have the answer! With competitive rates and terms to 144 months we can create financing to fit any budget. So head out on the highway and start an adventure of your own.
- Purchase or refinance
- Financing up to 90% loan-to-value
- Terms up to 144 months
- Recreational Vehicle Loan Rates
- Calculate Payment
APPLY FOR A RECREATIONAL VEHICLE LOAN
MOTORCYCLE LOANS
With competitive rates and term up to 72 months you can finance that new bike and be on the road in no time!
- Purchase or refinance
- Qualifying vehicles 2009 and newer
- Terms up to 72 months
- Motorcycle Loan Rates
- Calculate Payment
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Personal Loan & Line of Credit
PERSONAL LOAN
A FMFCU unsecured personal loan can help with debt consolidation, making home improvements, or planning a special vacation. Features include:
- General purpose installment loans
- Terms up to 60 months
- No collateral required
- FAQs
PERSONAL LINE OF CREDIT/OVERDRAFT PROTECTION
For those smaller recurring loan requests, FMFCU has a personal line of credit.
- General purpose line of credit
- Overdraft protection
- Cash advance through ATM or e-Banking
- No cash advance fees or annual fee
- FAQs
APPLY FOR A PERSONAL LINE OF CREDIT
SHARE SECURED PERSONAL LOAN
If you have little credit history or some credit problems in the past, a share secured loan may be the solution for you. Deposit a specified amount into an FMFCU account for safekeeping, and depending on the amount you are approved to borrow, your loan will be secured by the money in your account. Call the Member Service Center at 610-325-5100 for details or to apply.
- Terms to fit your budget
- Competitive rates
- Fixed rate of interest
- Quick approvals
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Consumer Credit Cards
What do you want most from your credit card? Now you have a choice. Whatever your needs, we have a credit card that’s right for you! All of our credit card products come with a variety of important features including EMV smart chip technology.
Check out the different cards we offer or pick the best rewards card for you using our Interactive Rewards Card Comparison Tool. Apply online, over the phone or at a branch today!
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Business Lending
Here at Franklin Mint Federal Credit Union, we understand that each business is unique and our goal is to help your business succeed. We provide a variety of loan options, quality service and competitive pricing.
See an FMFCU Member Relationship Advisor to discuss your needs. They can help you with business credit cards, term loans, lines of credit, commercial real estate loans, and more.
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Business Credit Cards
Check out the different cards we offer and apply online, over the phone or at a branch!
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In-School Student Loans
Looking for additional funding for school? Finance your education with a private student loan from Franklin Mint Federal Credit Union.
- Competitive interest rates.
- No application or origination fee.
- During the in-school period, borrowers select interest-only or $25 monthly payments.
- Academic-based pricing propietary scoring model takes the student’s academic performance into account when assigning pricing.
- 0.25% interest rate reduction with automatic payments.
- Cosigner release available for creditworthy borrowers after 24 consecutive on-time principle and interest payments.
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Federal and Private Student Loan Refinancing
Already graduated? Save time and money by refinancing and consolidating your existing federal and private student loans through Franklin Mint Federal Credit Union.
- Competitive interest rates.
- No application or origination fees.
- Consolidate all federal and private student loan payments into an easy monthly payment.
- Borrowers can potentially lower their payments, reduce interest rate, and modify term.
- Choose from 5-, 10-, or 15-year fixed and variable rate options.
- 0.25% interest rate reduction when borrowers or cosigners sign up for automatic ACH payments.
- Cosigner release available for creditworthy borrowers after 12 consecutive on-time principle and interest payments.
Home Loans
Vehicle Loans
Personal Loans
Business Loans
Student Loans
NOT YET A MEMBER?
*Instant decisions contingent upon member’s submission of all required loan application information, verification, and credit approval. The decision process is variable due to internet connections, time it takes to complete the short application, and error-free data entry.