CECU LOANS
Cessna Employees Credit Union can help you with all of your loan needs whether you are buying a vehicle, a home, or even if an unexpected expense pops up.
- Vehicle Loans
- Home Loans -1st mortgage
- Home Equity Line of Credit Loans
- Home Loans - 2nd Mortgage
- Instant Cash Loans
- Signature Loans
- Share Savings or Certificate Secured Loans
Secured Loans
Vehicle Loans: Auto, Truck, Boat, R.V., Motorcycle, Jet Ski, ATV
Purchase or refinance for all types of vehicles at low fixed rates. The Credit Union can usually save you money on new and used vehicle loans. Our rates are very competitive. Generally your loan can be approved and funded on the same day you apply. Remember, a Pre-approved loan makes you a 'cash purchaser' and generally gives you greater power when making that special deal! Current Loan Rates.
Unsecured Loans
Instant Cash Loan -
Our Instant Cash Loan is a signature Line of Credit which you control! It offers easy access for advances which can be made by check or cash. You may also use Connect Line to advance funds to your savings or checking account. The minimum amount per advance is $100.00.
Your Instant Cash Loan can also be used as Overdraft Protection for your CECU checking account.
Signature Loan -
CECU offers competitive rates for a fixed term Signature Loan. This loan provides convenience for unexpected expenses and gives you a quick resource to funds without tying up your collateral. You may use your funds for any purpose, such as:
- Take a Vacation
- Consolidate bills
- Take Flying Club lessons
- Purchase a computer
- Make dreams come true
To check the rates for these Unsecured Loans, click here.
Home Loans
Home Equity Line of Credit
This is an adjustable rate Line of Credit providing quick access to your available funds. You choose what is most convenient for you: a check, cash, or a deposit to an existing Savings or Checking account. To access your money, you may come in, call in, or use ConnectLine or NetTeller.
The variable rate is the Prime Interest Rate for loans up to 80% loan to value. For loans over 80% loan to value, the rate is Prime Rate plus .25%. The rate adjusts twice annually in February and August.
Here are the features:
- Up to 12 year Repayment
- Minimum Line of Credit is $10,000
- Maximum Line of Credit is $150,000
- Five year renewable advance period
- $100 per month minimum payment
- $5000 minimum advance must be taken at closing
- $500 minimum subsequent advances
- First three advances per quarter are FREE; $5.00 per additional advance
Click here to view our current Home Equity Loan Rates.
1st Mortgages
CECU would like to help you with your First Mortgage needs. Our rates are competitive and our First Mortgage Staff is eager to assist you. Simply call or stop by your nearest CECU branch for more information or to apply. Get Pre-approved for only $25
2nd Mortgages (Fixed Rate)
Single-advance 2nd Mortgages are available up to 120 months providing an economical loan based on the equity in your property. Loan proceeds can be used for home improvements, bill consolidation, vacations, tuition, or purchasing a new vehicle. Interest on this loan may be tax deductible, and we suggest you consult your tax advisor for clarification. Current 2nd mortgage rates.
Share or Certificate Secured Loan
Get the lowest rate loan available! Security for the loan is the balance of your share savings or certificate on deposit. As your loan balance decreases, the loan hold is reduced, freeing up your funds. Dividends are compounded from the entire balance whether on hold or not. Current Rates- click here.
Home Mortgage Disclosure Act Notice
The HMDA data about our residential mortgage lending is available for review. The data shows: geographic distribution of loans and applications, race, gender, and income of applicant and borrowers, and information about loan approvals and denials. Inquire at the Mid-Continent office regarding the locations where HMDA data may be inspected.
Loan Applications
- First time borrowers must complete our 1st-App application form.
- Previous CECU borrowers, please update our Quik-App.
If you wish, you may Fax your Application to one of our branches, or drop it off.
Fax to Mid-Continent - 316-517-7668
Fax to Pawnee - 316-831-4958
Fax to Independence - 620-332-0232
Both of these forms require Adobe Acrobat Reader to view or print. Click here for printing problems.
