Loans & Lending Services
Affordable Loans with a Personal Touch
We offer loans for almost any purpose at affordable rates and convenient terms. It’s one part of the credit union difference. Apply today or contact us at 931-486-3125.
All rates and terms are subject to change without notice. Loan rates and terms will vary based on credit rating, value of collateral (if applicable) and term chosen.
Our lending services include Auto Loans, Personal Loans, Mortgages, and more, designed to help members reach their financial goals with support every step of the way.
Learn the best ways to budget your money
Loan Application & Process
To apply for a loan, just complete our Loan Application and submit it by fax, U.S. mail, personal delivery, or through our secure online application. A credit union loan officer will review your application, secure your credit report, and contact you with the decision.
Family Advantage FCU’s lending services make it easy to get started. With flexible options and member-focused support, our credit union loans are designed to fit your needs.
Vehicles &
Recreational Equipment
Pre-approvals are the easiest way to shop hassle-free.
Financing available up to 100% of the purchase price on new vehicles or JD Power retail on used vehicles for qualified applicants. Collision and comprehensive auto insurance is required.
Looking for guidance on your next Car Loan? Our credit union loans come with special member tools to make the process easier and more informed.
Financing is available on older model cars that fall under the NADA Guidebook. Terms vary - check with the credit union for more details.
Up to 100% of the purchase price on new and Black Book retail on used recreational equipment to qualified applicants. Recreational loans include travel trailers, personal watercraft, 5th wheel campers, and more, giving members flexible ways to finance their lifestyle.
Our lending services also extend to motor homes and houseboats, with longer terms and competitive options to fit your budget. Comprehensive insurance coverage is required for all financed vehicles and equipment.
Loan Payments
Making loan payments couldn't be any easier. You select the method of payment and frequency. Whether you’re setting up recurring payments or paying ahead of schedule, our credit union loans give you control and flexibility. Payments can be made by ACH, automatic transfer, or payroll deduction.
No prepayment penalties on any Credit Union loans
No application fees
Loan documentation fee at time of closing $40 - can be added to loan proceeds
Share or Certificate Secured Loans
Borrow up to 100% of the amount deposited. Dividends continue to be paid on the Savings or Share Certificate Account while used as collateral. As the loan is paid down, funds become available for withdrawal.
Share or Certificate Secured Loans are a smart option for members who want to build credit or borrow at a lower rate while keeping their savings intact. These lending services allow you to keep earning dividends on your deposit while using it to secure funds when you need them.
Home Improvement
Our Home Improvement Loans provide flexible options to update or repair your home needs, such as carpet, roof, heat pump, etc., while keeping your budget in mind. These lending services are designed to help members handle both large projects and smaller upgrades with confidence.
Contact the credit union for more details.
Personal Loans
Personal Loans are available for purposes such as home improvement, medical bills, vacation, etc. The maximum amount available is based on income, credit history, and ability to repay.
Our credit union loans give members flexible options for handling expenses, both planned and unexpected. With these lending services, you can borrow responsibly while keeping your financial goals on track.
Overdraft Line of Credit
Additional overdraft protection is available to cover checks and other transactions. This service will enhance your buying power and avoid overdraft fees. You only pay for the amount advanced plus accrued interest.
With this type of loan, members gain peace of mind knowing their account is backed by reliable lending services. An Overdraft Line of Credit can help manage unexpected expenses, provide flexibility, and ensure your purchases go through when you need them most.
Platinum VISA Credit Cards
Our Visa Credit Cards are part of the flexible lending services available at Family Advantage FCU. Whether you want everyday purchasing power or a way to build credit responsibly, our credit union provides secure and convenient options tailored to your needs.
The Earning Advantage Visa Credit Card is available with credit limits up to $20,000 and no annual fee. Rates start as low as 9.90% APR*. Contactless transactions are enabled for added convenience.
We also offer a Credit Builder Secured Visa Credit Card, with a credit limit up to $2,000 and a $20 annual fee, for those looking to establish or rebuild credit. This secured card is backed by a Shared Savings Account equal to the credit line.
Loan Protection
Ensure your financial obligations are managed even during unexpected circumstances with our low-cost payment protection plans, like our Gap and Warranty insurance products. Payment protection covers your loan payment in the event of death or disability caused by an illness or accident.
First Mortgages
Financing for home purchases is available through Family Advantage FCU, offering members convenient access to Mortgage Loans as part of our lending services. A wide variety of Mortgage programs are available to meet the diverse needs of our members, including fixed and variable rate options.
Our credit union loans include Conventional, FHA, VA, and USDA Mortgage programs, giving members flexibility in finding the right fit. Loan closings are set up locally for added convenience.
Contact our Mortgage Originator, Mariann Sanders, at (931) 499-7148 to set up an appointment.
Fax number: 931-486-0994
Second Mortgages
Use the equity in your home to purchase big-ticket items, make needed home improvements, pay education expenses, or whatever reason you want, plus have a tax advantage*.
As part of our credit union loans, Second Mortgages provide a local and member-focused alternative compared to traditional lenders. For more details, contact our loan department at (931) 486-3125.
*Consult your tax planner for income tax advice
Member Choice Rewards Terms and Conditions
This program gives members more ways to benefit from everyday spending.
You will earn 1 point per dollar spent on purchases and cash advances. Returns will be deducted from the bonus points calculation. There is no limit to the amount of points you can earn! Accounts that are past due three (3) payments will be excluded from earning, redeeming, or retaining points. If your account is closed, voluntarily or involuntarily, you will forfeit all points. Accounts without purchase or cash advance activity for twelve (12) months will forfeit all points. Your points will expire after five (5) years, with the oldest points expiring monthly.
You will receive a breakdown of your points on your monthly credit card statement. To redeem points, contact the member choice rewards center at 1(888) 290-5457.