Loan
Effective February 20, 2025
Programs, rates, terms and conditions are subject to change without notice. Some restrictions apply.
Loan Calculator
The calculators on this website are being provided for educational purposes only. The results are estimates based on information you provide and may not reflect actual results. The results of the calculations are not a promise or guarantee of a customer’s eligibility or terms for a specific product or service
Consumer Loan Payment Example: Loan of $10,000 for 36 months at 6.50 % APR will have a monthly payment of $306.53 with a zero down payment
| New Under 3,000 Miles | Used Over 3,000 Miles | 2017 or Older | |
|---|---|---|---|
| 36 Months | 5.00%-15.00% APR | 5.10%-15.10% APR | 6.00%-16.00% APR |
| 48 Months | 5.10%-15.10% APR | 5.20%-15.20% APR | 6.10%-16.10% APR |
| 60 Months | 5.20%-15.20% APR | 5.30%-15.30% APR | 6.20%-16.20% APR (loan values over $25,000) |
| 72 Months | 5.30%-15.30% APR | 5.40%-15.40% APR (loan values over $25,000) | – |
| 78 Months | 5.40%-15.40% APR (loan values over $25,000) | – | – |
| 84 Months | 5.50%-15.50% APR (loan values over $40,000 & credit score of 660 and above) | – | – |
APR=Annual Percentage Rate. Loan Rates are based upon credit worthiness and contingent upon approval.
Option 1: 18-month completion time, $500.00 loan for 6 months @ 15.00% ($500.00 held until end of loan) once completed then second loan for $1,000.00 for 12 months @ 15.00% ($500.00 held until end of the loan and $500.00 to member at time of loan)
Option 2: 12-month completion time, $1,000.00 loan for 12 months @ 15.00% ($1,000.00 held until the end of the loan)
Upon completion of the credit builder program members may be eligible for regular installment loans.
Talk to a loan officer for more information.
A convenient way to finance home improvements, renovations, repairs, appliance purchases, or to consolidate high interest debt. Borrow up to
80% of your homes value. Minimum line of credit amount is $7,500.000. Variable rates and terms.
| 36 Months | 48 Months | 60 Months (120 Months with 5 year balloon for loan balances over $15,000) | |
|---|---|---|---|
| 7.00%-17.00% APR | 7.25%-17.25% APR | 7.50%-17.50% APR |
APR= Annual Percentage Rate. Loan rates are based upon credit worthiness and contingent upon approval.
| Mortgages |
|---|
| Fixed Rates |
| VA Loans |
| FHA |
| Adjustable-Rate Mortgage |
| Land Loans |
| Mobile Homes |
We offer a range of products with flexible down payment options and competitive rates. GLFFCU’s mortgage loan experts can listen to your
specific needs and get a mortgage that’s just right for you.
Talk to a Mortgage Loan Officer today!
Tonia Thull NMLS ID #4911238 906-789-7698 tthull@glffcu.com
Rose Headington NMLS ID #411129 906-786-0977 rheadington@glffcu.com
The Smart choice in New and Pre-Owned Vehicle Financing
You can use this loan on new vehicles or used vehicles up to 5 years old. Other benefits include:
~Payments up to 40% lower than conventional loan payments*
~No application fee
~No capitalization fees
~100% financing with no money down
~Option to sell, trade, finance, or “walk away” at loan maturity
~No Early Payoff Penalty
~Mileage options of 12,000, 15,000, and 18,000 per year available
* Actual rates based on vehicle and credit score. Qualified members only.
Loan payments can be made at the Credit Union, through online or mobile banking, or over the phone. You may also make a payment using a debit card from another financial institution by calling the Credit Union. A $10 fee applies for debit card payments. There is no charge for payments made by bank account (ACH).
| 24 Months | 36 Months | 48 Months |
|---|---|---|
| 8.50%-18.00% APR | 8.75%-18.00% APR | 9.00-18.00% APR |
APR=Annual Percentage Rate. Loan rates are based upon credit worthiness and contingent upon approval.
| 36 Months New | 48 Months New | 60 Months New | 72 Months New | 120 Months New | 180 Months New |
|---|---|---|---|---|---|
| 6.00%-16.00% APR | 6.10%-16.10% APR | 6.20%-16.20% APR | 6.30%-16.30% APR (loan values over $25,000) | 6.50%-16.50% APR (loan values over $30,000) | 7.00%-17.00% APR (loan values over $30,000) |
| 36 Months Used | 48 Months Used | 60 Months Used | 72 Months Used | 120 Months Used | 180 Months Used |
| 6.25%-16.25% APR | 6.35%-16.35% APR | 6.45%-16.45% APR | 6.55%-16.55% APR (loan values over $25,000) | 7.00%-17.00% APR (loan values over $30,000) | 7.50%-17.50% APR (loan values over $30,000) |
APR=Annual Percentage Rate. Loan Rates are based upon credit worthiness and contingent upon approval.
| 72 Months | 84 Months | 120 Months | 180 Months | 240 Months | |
|---|---|---|---|---|---|
| Brand New Models | – | – | 6.25%-16.25% APR | 6.50%-16.50% APR | – |
| Balloon Rates (5 Year) | – | – | 6.25%-16.25% APR | 6.50%-16.50% APR | 7.00%-17.00% APR |
| 2018-2025 | – | – | 7.00-17.00% APR | 7.25-17.25% APR | – |
| Balloon Rates (5 Year) | – | – | 7.00%-17.00% APR | 7.25%-17.25% APR | – |
| 2017 and Older | 8.00%-18.00% APR | 8.00%-18.00% APR (loan values over $10,000) | – | – | – |
APR= Annual Percentage Rate. Loan Rates are based upon the credit worthiness and contingent upon approval.
| Type | |
|---|---|
| Shares | 4.00% APR (60 Months Maximum) |
| Certificate Secured Loan | 3% above CD Rate |
APR is Annual Percentage Rate.
Looking for an education loan that’s designed for the needs of all types of students? Student loans from Great Lakes First Federal Credit Union in partnership with Sallie Mae® could help!
Get ready for your next move with undergraduate, graduate, and career training loan options.
- Competitive variable and fixed interest rates
- No origination fee or prepayment penalty
- Multiple repayment options
Learn which loan is right for you www.salliemae.com/smartoption/glffcu
Undergraduate and career training students
Undergraduate student loan
For your bachelor’s or associate degree, or a certificate from a degree-granting school.
Career training loan
For professional training or certificate courses like culinary, aviation, technical, etc. from a non- degree-granting school.
Graduate School Loan
For graduate degrees and other master’s and doctoral programs.
MBA Loan
For business school expenses as you earn your Master of Business Administration degree.
Medical School Loan
For medical school and related expenses as you earn your MD, DO, DPM, DVM, or VMD.
Dental School Loan
For dental school and related expenses as you earn your DMD or DDS.
Graduate School Loan for Health Professions
For health professions degrees in allied health, nursing, pharmacy, and other graduate-level health programs.
Law School Loan
For law school and related expenses as you earn your JD or LLM.
Bar exam loan
For expenses, fees, and living costs while you study for the bar exam.
Medical and Dental residency loan
For board examination fees, travel, and moving expenses for your medical, podiatry, veterinary, or dental residency.
Learn which loan is right for youwww.salliemae.com/smartoption/glffcu
Borrow responsibly
We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.
These loans are made by Sallie Mae Bank. Great Lakes First Federal Credit Union is not the creditor for these loans and is compensated by Sallie Mae for the referral of loan customers.
Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply. Click here www.salliemae.com/smartoption/glffcu for additional eligibility information about each product.
1 Although we do not charge a penalty or fee if you prepay your loan, any prepayment will be applied as outlined in your promissory note—first to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.
SALLIE MAE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE.
©[2025 – 2026] Sallie Mae Bank. All rights reserved. Sallie Mae, the Sallie Mae logo, and other Sallie Mae names and logos are service marks or registered service marks of Sallie Mae Bank. All other names and logos used are the trademarks or service marks of their respective owners. SLM Corporation and its subsidiaries, including Sallie Mae Bank, are not sponsored by or agencies of the United States of America.
| Rate |
|---|
| 6.90%-17.90% APR |
With our low-rate Visa’s, you have 24-hour account access using ezcardinfo.com. Redeem your rewards at scorecardrewards.com for cash back/statement credit or more.
APR =Annual Percentage Rate
*Rates based on credit score. No annual fees. No cash advance fees. No balance transfer fees. Up to $15 fee for late/returned payments.
Advertised “as low as” annual percentage rates (APR) assume excellent borrower credit history. Your actual APR may differ and will be based upon several factors, including credit history, model year, term, and loan amount. Rates subject to change