our Loan Department at
Whatever your financial needs Northwest United
assures you prompt, personal, confidential loan service at competitive
rates and terms.
Loans are granted on the basis of monthly income, length of employment,
credit rating and current financial obligations. Members can
apply for a loan in person, by phone or online.
Northwest United offers a wide variety of loans including:
A first mortgage is a loan that is obtained to either purchase a
home or refinance an existing property or even consolidate other
debts if there is enough equity.
Considering a home improvement project, planning your dream vacation
or simply wanting to consolidate some expenses into one payment?
Now is the time to take advantage of the equity you have built up
in your home. This loan has one-time cash distribution, a fixed
interest rate and the interest paid may be tax deductible.
A Home Equity Line Of Credit (HELOC) can be described as a second
mortgage with a revolving Line of Credit. This revolving credit agreement
with a fixed credit line allows you to borrow against the equity
in your home. A HELOC offers extended terms and the interest
paid may be taxed deductible. Check with your tax advisor for
Quick and easy access to funds when you need it! A Personal Line
of Credit from Northwest United is a prearranged line of credit available
for credit qualified members. There is no prepayment penalty and
the line of credit may be obtained for any purpose. You only pay
interest on the amount actually used.
In the market for a new or pre-owned vehicle? Northwest United’s
automobile loan rates are some of the lowest you will find.
Vehicle loans are also available for classic cars, recreational vehicles,
boats, trucks and snowmobiles. Competitive rates and terms are available.
Have fun pulling your new boat behind your new motor home or feeling
the wind while riding your new snowmobile.
Our loans aren't all for vehicles with four wheels. Northwest United
features financing options for motorcycles as well.
Use the balance in your share (savings) or Term Share Certificate
Account as collateral for a loan. This type of loan allows you to
borrow needed funds while still earning dividends on your Northwest
Our overdraft line of credit covers you in the event your account
falls below a zero balance, either by check or debit card purchase.
The overdraft pays the amount you need for your purchase without
being rejected due to insufficient funds.
If you don’t have your credit cards with Northwest United
then it is no secret, you are simply paying too much in interest!
VISA cards make shopping convenient and you can earn Score Card bonus
points that can be used for merchandise or airline tickets. In addition,
you have easy access to cash through the CO-OP Network of Automated
Teller Machines (ATMs).