“GAP” GUARANTEED AUTO PROTECTION
cover the difference between the actual cash value of the vehicle (primary
insurance company settlement) and the outstanding loan balance at Municipal
Credit Union at the time of loss. This protection can be purchased after loan
origination as long as you have not experienced a total loss due to collision
or theft. However, it is not retroactive and the coverage goes into effect the
day the GAP is purchased and covers the remaining term and balance. On new loans
all Frost GAP programs have a Free Look
period where the borrower can receive a full refund for any reason within 60
days. After the Free Look period the $280.00 charge for GAP is non-refundable.
example of GAP protection.
We are pleased to announce that we will
refinance your home for up to 20 years at 3.4%
with very low closing costs. Other options are
15 years at 2.9 % and 10 years at 2.75%.
Appraisal required if borrowing more the 60% of
the Fair Market Value of your home.
Please call the credit union for more details.
you can pay for college the smart way
with three great repayment options and
competitive interest rates!
The Municipal Credit Union Smart Option Student Loan® by Sallie Mae® is
an ideal solution to help bridge that
gap between federal loans and the cost
of your education expenses.
The Smart Option Student Loan features and benefits:
New interest rate type for
current Academic Year. We now offer
competitive fixed interest rates
in addition to our low variable
interest rates providing even
more choice and flexibility.
Borrow up to 100% of school certified education costs (minimum $1,000)
Multiple in-school repayment options available
Borrower benefits available – like rewards and interest rate reductions
Rates that reward creditworthy borrowers
Applying with a creditworthy cosigner may help you qualify and/or
receive a lower rate
Fast Online Application. Our easy-to-complete application takes about 15
minutes. It's quick and easy.
24/7 online account management
No prepayment penalty.
To learn more or to apply click the box below!
*We are compensated for the referral of
Smart Option Student Loan customers.