It’s easy to apply—all you need is a copy of your deed or mortgage and a copy of your home owner’s insurance policy.
You may borrow up to 115% of the value for new and used vehicles. Up to 100% financing is available on vehicles refinanced by other lenders. Qualified auto loan rates are applicable to this loan.
You’ll save money on your income taxes since the interest is, in most cases, tax deductible.
You’ll appreciate the fact that there are no prepayment penalties, no appraisal and no equity in your home is required, and although there is a low processing fee of $100.00, there are currently no closing costs.
You can take advantage of terms up to 72 months and flexible repayment options including online access and preauthorized transfers from an INOVA FCU checking or savings account. |