Need A Loan?

LMEFCU staff can assist you with finding the right type of loan to meet your needs. Whether it be an auto loan or an unsecured loan or even a home equity loan, LMEFCU has a loan to meet your needs.

Repayment of all our loan types are simple and easy with multiple options to choose from:
Direct deposit transfer (the best option but you also get a 0.25% discount on your interest rate)
Counter pay (you pay the loan each month by cash or check)
ACH transfer (we can set up to pull your payment amount from another financial institution)

View our Loan Types with the current base interest rates.

VEHICLE LOANS

Whether you are contemplating purchasing a new or used vehicle or considering a refinance from another financial institution, LMEFCU can help you through the process of financing your vehicle. We finance new and used cars, trucks, motorcycles, RVs, ATVs, boats, and many types of personal watercraft.

NEW AND USED AUTO LOANS

Fixed loan rates 
100% financing available*
Terms and options to meet your needs up to 108 months*
Financing for vehicles up to 12 years old (Older vehicles may be used but interest rate would be different)*
Extended warranty available “Route 66” Route 66 Warranty
Guaranteed Asset Protection available (GAP)
Insurance protection available
Quick and easy approval process
No penalty for early payoff
*Subject to credit approval- Terms and conditions apply

NEW AND USED MOTORCYCLES

Fixed loan rates
100% financing available*
Terms and options to meet your needs up to 108 months*
Financing for motorcycles up to 12 years old (Older vehicles may be used but interest rate would be different)*
Extended warranty available “Route 66” - Route 66 Warranty
Guaranteed Asset Protection available (GAP)
Insurance protection available
Quick and easy approval process
No penalty for early payoff
*Subject to credit approval- Terms and conditions apply

NEW AND USED RV/BOAT

Fixed loan rates 
100% financing available*
Terms and options to meet your needs up to 120 months (Older vehicles may be used but interest rate would be different)*
Financing for RV/Boats up to 12 years old* 
Insurance protection available
Quick and easy approval process
No penalty for early payoff
*Subject to credit approval- Terms and conditions apply

PRE-APPROVAL/REFINANCE

LMEFCU offers the option to get pre-approved for a vehicle loan.  If you are unsure of what vehicle you want, you can put in an application and we can tell you what you qualify for.  Don’t miss out on finding the perfect vehicle for you and apply for a pre-approval today!

LMEFCU offers refinancing options to help members save on their monthly payments with rate and term matching on qualifying loans.  You need to provide documents about your current rate and term and we will do our best to beat or match your current rate and term to help you save more of your money.

Unsecure Loans

Looking for a loan for a personal reason or looking to consolidate some debt? Or are you worried about overdrafting your share draft (checking) account?  Don’t worry LMEFCU has you covered with our unsecured personal and debt consolidation loans and overdraft protection loans.

UNSECURED PERSONAL AND DEBT CONSOLIDATION

Fixed loan rates
Up to $20,000*
Terms and options to meet your needs up to 84 months*
Insurance protection available
Quick and easy approval process
No penalty for early payoff
*Subject to credit approval- Terms and conditions apply

OVERDRAFT PROTECTION

Fixed loan rates
Up to $500 in overdraft protection*
Quick and easy approval process
No penalty for early payoff
*Subject to credit approval- Terms and conditions apply

Home Equity Loans

Looking to pull some equity from your home to do some home repairs or pay off some debt?  Don’t worry LMEFCU has options to meet your needs with our home equity and home equity line of credit loans.

HOME EQUITY

Fixed loan rates
Up to 80-90% of the available equity*
1% loan origination fee
Terms and options to meet your needs with either 10- or 15-year terms**
Insurance protection available
Property must be located in Virginia and your primary residence
No penalty for early payoff
*An appraisal may be required
**Subject to credit approval- Terms and conditions apply

HOME EQUITY LINE OF CREDIT

Variable loan rates (based off The Wall Street Journal Prime Rate)
Up to 80-90% of the available equity (less 1st mortgage)*
Terms and options to meet your needs with either 10- or 15-year terms**
1% loan origination fee
Borrow from your line of credit when you need it
Insurance protection available
Property must be located in Virginia and your primary residence
No penalty for early payoff
*An appraisal may be required
**Subject to credit approval- Terms and conditions apply

VISA Credit Card

Free unlimited credit card purchases and find the convenience by adding your Visa© Credit Card to your Google Pay, Samsung Pay, and Apple Pay wallet which is a secure, fast, and convenient way to make your purchases even when your Visa© Credit Card is not with you.

If you pay your purchases off before the next billing date, you pay no interest. You can make your payments at the credit union or set up your account up for automatic payment transfers or use eZcardinfo.com. Call us today for more information.

CLASSIC VISA© CREDIT CARDS

No annual fee

Credit limits up to $5,000*

Fixed rate of 9.99% APR*

Balance transfers options

Scorecard Rewards (Can also tie your debit card to the rewards to earn more rewards)

Option available to link to SecurLOCK Equip

*Credit Cards subject to credit approval- Terms and conditions apply

Other Secured Loans

Shared Secured Loans: No credit check or income qualification. Funds in your Savings Account or your Share Certificate are held as collateral for the loan. These are a great way to rebuild or start building credit.

Secured Loans: Use your free and clear car title (meaning it does not have a current lien on it) to secure your loan.  The funds can be used how you see fit.  These loans act the same way as a regular auto loan but you are not using the money to buy the vehicle.  This is a great option if your credit score is low because you will receive a lower interest rate than you would with an unsecured loan.

If you are interested in a loan, please check out our rates or click the “Apply Now” button below and begin the process.