Borrow
Whether you are looking to purchase or refinance your vehicle, refinance your home, make home repairs, or need cash for other needs, we have the loan for you. With no pre-payment penalty, automatic payments, direct deposit, and remote check deposits, we have payment flexibility to fit your lifestyle.
Vehicle Loans
Cars, Trucks, and Motorcycles
- Flexible Terms and repayment options for your next car, truck, or motorcycle.
- Rate discount for autopay, membership longevity, and purchase of RMECU GAP Insurance.
- Up to 110% financing, including tax, title and license fees.
- Low rates and affordable monthly payments
- Convenient Automatic Payments through payroll deposits or automatic transfers.
- No pre-payments penalties.
- Refinance from another lender to get a better rate or term.
Recreational Vehicles
- Includes loans for ATVs, UTVs, Campers, Boats, and Snowmobiles.
- Rate discounts for autopay and membership longevity.
- Up to 100% financing; including tax, title, and license fees.
- Low rates and affordable monthly payments.
- Convenient Automatic Payments through payroll deposits or automatic transfers.
- No pre-payment penalties.
- Refinance from another lender to get a better rate or term.
If you have any questions, would like to know more, or get pre-approved, please contact us at (262) 637-7274, email us, or stop by today!
Home Loans
Fixed Rate
- 10 and 15 Year Terms
- Low Refinance Costs
- Convenient automatic payment options.
Adjustable Rate (ARMs)
- 5/1 option
- Payments based on a 30 Year Term
If you have any questions, would like to know more, or get pre-approved, please contact us at (262) 637-7274, email us, or stop by today!
Home Equity Loans
Fixed Rate
10 and 15 Year options
Low closing costs
Convenient automatic payment options
Line of Credit (HELOC)
Draw on funds as you need them
Only pay interest on the amount borrowed
No annual fee
Convenient automatic payment options
If you have any questions, would like to know more, or get pre-approved, please contact us at (262) 637-7274, email us, or stop by today!
Credit Cards
Platinum VISA
One low rate and affordable monthly payments
No annual fees
No balance transfer fees
Accepted worldwide
Classic VISA
No annual fees
No balance transfer fees
Accepted worldwide
If you have any questions, would like to know more, or get pre-approved, please contact us at (262) 637-7274, email us, or stop by today!
Personal Loans
Unsecured
Personalized for what you need
Low rate and affordable payment options
Convenient automatic weekly or bi-weekly
Emergency Loan
Perfect for unexpected situations
Approval not based on credit
Convenient automatic payments
If you have any questions, would like to know more, or get pre-approved, please contact us at (262) 637-7274, email us, or stop by today!
If you have any questions, would like to know more, or get pre-approved, please contact us at (262) 637-7274, email us, or stop by today!
Loan Rates
Vehicle Loans (Cars, Trucks, and Motorcycles)
| Model Year | Term (months) | APR* |
|---|---|---|
| as low as | ||
| New Vehicles | ||
| 2024 - 2025 | up to 60 | 5.00% |
| 76 - Over $20k | 5.25% | |
| 84 - Over $28K | 6.00% | |
| Used Vehicles | ||
| 2020 - 2023 | up to 60 | 5.25% |
| 76 - Over $20k | 5.50% | |
| 84 - Over $28k | 6.25% | |
| 2018 - 2019 | up to 48 | 5.25% |
| 60 | 5.50% | |
| 76 - Over $20k | 6.25% | |
| 2015 - 2017 | up to 48 | 5.50% |
| 60 | 5.75% | |
| 2010-2014 | up to 48 | 7.50% |
Rates listed are lowest possible with qualifying credit score of 651 or higher and eligible rate discounts.
Home Loans (Refinances and Equity Loans)
| Fixed Rate | Term | Rate |
|---|---|---|
| 10 Year | 120 | 6.00% |
| 15 Year | 180 | 6.25% |
| ARM - Adjustable Rate Mortgages | ||
| 5/1 | Fixed rate for 5 years | 6.25% |
| Line of Credit | ||
| REAP (HELOC) | 60 month draw | 8.00%* |
Rate is equal to the U.S. Prime Rate published in the Wall Street Journal. Current Prime Rate is 8.00%. REAP monthly payment is $150 or 1.5% of outstanding balance, whichever is greater.
Real Estate loan rates and terms are subject to change without notice. Please call the credit union for most current rates.
Recreational Vehicles (ATVs, UTVs, Campers and Watercraft)
| Model Year | Term (months) | APR* |
|---|---|---|
| as low as | ||
| $50,000 max loan at 100% LTV | ||
| New Recreational Vehicles | ||
| 2023 - 2025 | up to 60 | 6.50% |
| 61 - 84 (min $10k) | 6.75% | |
| 85 - 120 (min $20k) | 7.25% | |
| Used Recreational Vehicles | ||
| 2010 - 2022 | up to 60 | 6.75% |
| 61 - 84 (min $10k) | 7.00% | |
| 85 - 120 (min $20k) | 7.50% |
RMECU VISA Credit Card
| APR* | |
|---|---|
| VISA Platinum | 8.90% |
| VISA Classic | 12.90% |
| VISA Secured | 12.90% |
*APR is annual percentage rate. Approval based on credit worthiness. Rates and terms subject to change without notice. Membership eligibility required.
Personal Loans
| Amount | Term (months) | APR* |
|---|---|---|
| as low as | ||
| Up to $5,000 | 12 months | 9.15% |
| Up to $10,000 | 24 months | 9.15% |
| Up to $15,000 | 36 months | 9.15% |
Rates listed are lowest possible with qualifying credit score of 651 or higher and eligible rate discounts.
Loan Application
Below is a link to apply online for RMECU loan products. To expedite your application please email, fax, or drop off the following documents:
Income Documentation (required for all applicants and listed spouses)...
- Your most recent paystub -or-
- Your prior year W2 -or-
- Social Security, Pension or other annual payment documentation.
If applying for a vehicle or recreational vehicle loan...
- A purchase contract from the dealer or bill of sale from a private party sale -or-
- The vehicle VIN, mileage, and approximate purchase price.
You can email the information to cu4me@rmecu.org, fax to (262) 637-0491, or stop in. If you are emailing or faxing, please put in the subject or to line "Your Name Loan Application" so we can attach it to the proper application. DO NOT include personal information such as your Account Number or Social Security Number in the email.