|
Loan Products 
|
|
|
|
|
Vehicle Loans
When considering a new or
used auto, truck, boat, motorcycle, camper trailer,
snowmobile, or ATV, look to our loan department. Besides
offering some of the most competitive rates in this area, we
also offer pre-approved loans, 100% financing, payroll
deduction or automatic debit payment, credit disability and
credit life payment protection, refinancing of existing loans
at other institutions, and new or used vehicle pricing
information.
We now also offer a lease
look-alike program that can drastically cut your monthly
payment without the hassles of a lease.
Apply for your vehicle loan by
phone, fax, internet, or in person and within a few hours we
will have your approval status. To make buying and financing
more convenient, several local dealerships now offer IVCU
financing right in the showroom. |
|
|
|
Home Equity Loans
Attention homeowners! Using the
equity in your home is an increasingly popular way to access
extra cash for such things as home improvements, bill
consolidation, college expenses or a dream vacation. With an
IVCU home equity loan you can borrow up to 80% of the equity
in your residence (less than outstanding mortgages). You’ll
enjoy low rates, convenient repayment terms, and minimal
closing costs. The interest incurred on your loan may also be
tax deductible (consult with tax advisor regarding your
specific financial situation). |
|
|
First Mortgages &
Mortgage Refinancing(15 & 30 yr)
Would you like that
dream house to become a reality? Are you paying more than you
should be on your present mortgage? We not only have a plan
built around your needs, but with a credit union mortgage,
you'll experience the credit union difference. That means low
competitive rates, reduced closing costs, and friendly,
professional service. Our lending professionals are here to
help you every step of the way in this key financial
decision. Choose your lender as carefully as you choose your
home. |
|
|
Signature Loans
These loans, also known as
personal or unsecured loans, are designed to provide you with
cash to use for any good purpose—from an unforeseen emergency
to a vacation to a bill consolidation. It’s the perfect answer
to borrow the money you need today. Your good credit and
signature are all that it takes. |
|
|
|
Student Loans
A smart way to borrow for a smart
investment. A college education pays dividends for a lifetime.
IVCU can help open the door to a higher education for you or
your child. We participate in the federal student loan
program, which offers great interest rates and repayment
terms. Every student who has been accepted at a post secondary
school can apply, regardless of family need or ability to pay.
When you receive your award letter from the school you plan to
attend, contact our loan department at 815/224-2666. |
|
|
|
Visa
Credit Cards
Enjoy the worldwide acceptance and
convenience of VISA with a credit card from Illinois Valley
Credit Union. Our credit card features no annual fee, a low
13.80% rate, a 25-day grace period on purchases, and emergency
cash accessibility from most ATM’s. Our Balance Transfer
option lets you save immediately by transferring your higher
rate credit card balances to an IVCU VISA credit card. Contact
the loan department for further information or to apply.
 |
|
|
|
Other Loans
Illinois Valley Credit Union also
offers other types of loans such as Share Secured loan, Term
Certificate Secured loans, and Line of Credit loans. Contact
the loan department at IVCU for further information. |
|
|
|
|
|
|
|
