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Secured Loans

Are you interested in securing a loan with your investments with HFCU? Your savings account or certificates of deposit may be used as collateral.

These types of secured loans may be used for any purpose - giving you access to a quick approval process. So what are you waiting for? Apply today!

Choosing HFCU Is An Easy Decision!
We Have Better Options:
  • HFCU offers loans secured by share-type accounts with terms up to 12 years. Certificates may be used as security for loan. Interest rate is the HFCU Regular Share Dividend Index plus 50 Basis Points for the month immediately proceeding the first day of the calendar quarter plus 2%. Terms up to Certificate maturity date, or 12 months, whichever is less. (Floor is 6.5%)
  • HFCU's secured loans feature lower annual percentage rates than unsecured loans of corresponding credit, term, and loan amount.
  • HFCU features simple interest financing: Interest is charged by the day on the principal balance.
  • HFCU offers Credit Life & Credit Disability Insurance at a low cost.
We Have Better Services:
  • HFCU accepts payments by mail, automatic debit, payroll deduction or in person.
  • HFCU provides loan approval decisions within 24 hours in most cases!
If you have any questions please feel free to call HFCU at 1-866-OUR-HFCU or (281) 243-0500. You can also request information online or stop by and enjoy some free coffee while we talk.
This credit union is federally insured by the National Credit Union Administration

©2004 Houston Federal Credit Union

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