Highgrove Community Federal Credit Union makes the borrowing process fast, easy, and convenient. When you need a loan, you can either come to the credit union office or call our 24-hour, 7 days a week Loan Line at 1-800-801-1433. We take your application over the phone and, in most cases, you'll find out if your loan request has been approved within an hour.
Home Buying/Mortgage Service
Thinking about buying or selling a home? Highgrove Community Federal Credit Union is able to offer you complete home buying assistance through the credit union owned companies of CU Mortgage Services, Inc., and its subsidiaries CU Realty, Inc. and CU Title Services, Inc. Call our home buying coordinator at (651) 631-3111 or contact us via the internet at www.cucompanies.com.
Home Equity Loans
Borrow up to the qualifying equity in your home. There are no prepayment penalties. Use the money for anything you wish - a vacation, automobile, tuition; the interest you pay may be tax deductible (check with a qualified tax accountant for details).
Home Improvement Loans
Remodeling? We offer loans for up to $100,000 at a fixed rate for qualified improvements to a primary or secondary residence (including lake homes).
New Automobile Loans
New car loans are available for up to 100% of the purchase price (including tax and license). New motor homes and travel trailers also qualify for the same rates.
Used Automobile Loans
Highgrove offers loans at various terms up to the retail value listed in the NADA used car book or the purchase price, whichever is less. Loans are also available for classic cars. What's more, our new and used vehicle rates are the same.
Recreational Vehicle Loans
Various terms and limits, based on the collateral offered. Call the LOAN LINE at 1-800-801-1433 for details.
Share and Certificate Secured Loans
Loans can be made for amounts up to the balance in your share savings account or your combined term share certificate accounts. Both types of loans carry a fixed interest rate over the rate you are earning on your savings at the time you borrow.
Personal (Signature) Loans
These are available for qualifying members for up to $15,000.
Line-of-Credit Loans
With a line-of-credit, you can write yourself a loan whenever you need it! Qualified members may borrow up to $15,000. The minimum monthly payment is 2% of your approved limit or $25 - whichever is greater.
Highgrove's VISA Credit Card
Our VISA card has no annual fee, a low interest rate with a credit line of up to $15,000 for qualified members and a *25-day interest-free grace period on purchases. Cash advances accrue interest from the date the advance is made at the same low rate as purchases.
* other charges the cardholder could possibly accrue:
* Over the credit limit fee, $10.00 - 20 days or more late payment, $20.00 - Returned check fee, $30.00
Card replacement fee, $15.00
* The cardholder is responsible to pay all collection costs for the amount owed, including court and attorney fees for default cases.
* Foreign transactions - purchases and cash withdrawn in foreign countries and in foreign currency will be debited from the account in US dollars.
* The conversion rate will be determined by the government mandated rate in effect the day before the transaction processing date plus one percent.
* No membership or participation fee
Member-pay Loan Protection Insurance
Purchase single and/or joint credit life insurance and single credit disability protection for qualified credit union loans. The low monthly premiums are simply added to your loan for your convenience.
