Personal & Lifestyle Loans

Loans that Fit Your Lifestyle

Life happens. If you need cash to cover unexpected expenses, consolidate debt, pay for home improvements or other items, we can help. 

We offer personal loans up to $25,000 and lines of credit up to maximum credit limit of $15,000 based on credit qualifications. You can use the funds for whatever you need, travel, purchase new furniture, or consolidate debt to simplify your life.

It's Time for Some BIG Fun

Vacation season is just around the corner. Apply today for a vacation loan and use your funds to get away, relax and recharge.

  • Borrow up to $5,000
  • Lock in a fixed rate as low as 7.49% APR* for up to a 24-month term

Apply today! Use promo code:  VACA18

*APR = Annual Percentage Rate. APR is based on evaluation of credit history, so your rate may differ. APR will range from 7.49% to 18.00% with loan term of up to 24 months. Vacation Loan offer valid 5/12/18 – 8/30/18 with promo code VACA18. Maximum loan amount is $5,000. Funds will be deposited into member’s primary savings account. Loan payment example:  Loan amount of $5,000 for 24 months at 7.49% APR will have a monthly payment of $225.67.

Apply Today. (Check the status of your loan application) 

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Loan Rates

Loan Type Term APR* as low as

Lifestyle & Personal Loans

Up to 84 mos ( minimum loan amounts vary by term)** 11.15%

Line of Credit

N/A 11.40%1

Professional Development Line of Credit

N/A 11.40%1

Savings Secured

60 months

120 months

2.80%

2.80%2

*APR = Annual Percentage Rate. Rate is current as of May 1, 2018 and is subject to change without notice. Rate is based on an evaluation of credit history, so your rate may differ.
 
**Lifestyle/Personal loan terms up to 12 months require minimum loan amount of $500; 13-24 months require minimum loan amount of $2,000; 25-60 months require minimum loan amount of $3,000; 61-84 months require minimum loan amount of $5,000. Lifestyle loan payment example: personal loan amount of $20,000 for 60 months at 10.90% APR will have an estimated monthly payment of $435.06. 
1Your initial Annual Percentage Rate (APR) will range from 10.90% to 18.00% based on your creditworthiness. After this, your APR is subject to change monthly based on the Prime Rate published in the Wall Street Journal on the last business day of the prior month. 
2Rate is variable. Contact the Credit Union for more details.
Share secured loan payment example: share secured loan amount of $5,000 for 60 months at 3.00% APR will have an estimated monthly payment of $89.95.

Loan Types

Enroll in the Certified Commercial Investment Member (CCIM) Program

Why CCIM? CCIM Institute created the language of global real estate investment, its courses and worldwide community deploy commercial real estate investment methodologies and tools that speed the pathway between opportunity, a go/no-go decision, and success for an asset.

The Credit Union has the financial resources you need to complete your courses to become a member of this elite group.

  • Maximum loan amount: $6,000
  • Terms: 3, 4 or 5 years
  • Fixed rate as low as Prime + 1* for the 3-year term (based on creditworthiness)
  • Funds disbursed directly to the CCIM Program office

Our CCIM Loan will help you pay for essential CCIM courses such as:

  • Financial Analysis
  • Market Analysis
  • User Decision Analysis
  • Investment Analysis
  • Ethics
  • Commercial Real Estate Negotiations

*Annual Percentage Rate (APR) is based on an evaluation of your credit history, so your rate may differ. APR is based on the Prime Rate + 1 published in the Wall Street Journal on the last business day of the prior month. There is a minimum APR of 5.25% and a maximum of 18.00%. Sample payment: loan amount of $6,000 for 36 months at 5.25% APR will have a monthly payment of $180.87 (with no life or disability insurance). Rates are current as of 10/1/2017 and subject to change without notice. 

CCIM Institute is not endorsed by REALTORS® Federal Credit Union, a Division of Northwest Federal Credit Union and is not part of the Credit Union's products and services.

With a revolving Line of Credit (LOC), you’ll enjoy the flexibility of borrowing funds when you need them. Our LOCs feature:

  • Low variable rate*
  • Maximum credit limit of $15,000 based on credit qualifications
  • No annual fee, no monthly service charge and no cash advance fee

Get an advance on your LOC at our network of ATMs, through Online Banking, by telephone, or in-person at a Credit Union branch located in Northern Virginia. 


*Your initial Annual Percentage Rate (APR) will range from 11.40% to 18.00% based on your creditworthiness. After this, your APR is subject to change monthly based on the Prime Rate published in the Wall Street Journal on the last business day of the prior month. 

With a revolving Professional Development Line of Credit (LOC), you can borrow funds to pay for Designations, Certifications, and Continuing Education (CE).

Our Professional Development Line of Credit LOC features:

  • Low variable rate*
  • Credit limits up to $15,000
  • No annual fee, no monthly service charge and no cash advance fee

Use your Professional Development LOC for things like:

  • NAR Designation and Certification Courses
  • Conference related fees and expenses
  • REALTOR® University’s Master of Real Estate (MRE) Program
  • State Licensing Requirements
  • Continuing Education (CE)
  • Annual Dues
  • and other expenses

Get an advance on your LOC at our network of ATMs, through Online Banking, by telephone, or in-person at a Credit Union branch located in Northern Virginia.

*Your initial Annual Percentage Rate (APR) will range from 11.40% to 18.00% based on your creditworthiness. After this, your APR is subject to change monthly based on the Prime Rate published in the Wall Street Journal on the last business day of the prior month. 

A Savings Secured Loan lets you borrow up to 100% of the balance in your savings account. By using your savings account as collateral, you’ll enjoy a lower interest rate than our personal loans and these additional benefits:

  • Quick approval
  • Great way to establish or reestablish credit
  • Low fixed rates on 12-60 month term; variable rates on loans longer than 60 months
  • Continue earning dividends on your savings balance over the loan term 

With a Certificate Secured Loan1, you can borrow using the available funds2 in your Credit Union Certificate as collateral. 

  • Quick loan approval
  • A great way to establish or reestablish credit
  • Continue to earn dividends on your Certificate balance over the loan term
  • Borrow up to 100% of the Certificate balance (up to $100,000 maximum)
  • Loan rate is just 2% over the dividend rate you’re earning on the Certificate
     
1Minimum balance of $5,000 is required. In order for Certificate to be used for a Certificate Secured Loan you must have at least 12 months remaining on the Certificate term (or open a new 1-year Certificate). Loan repayment term is the remaining term of the Certificate. Payment example:  a Certificate Secured Loan of $5,000 for 24 months at 2.95% will have a monthly payment of $215.07. 
2Funds must be collected prior to loan disbursement.