Loans

 

New & Used Vehicle Loans

Applying for a Gateway Metro Federal Credit Union vehicle loans is fast and easy – whether you want pre-approval before buying, or just want to transfer your loan from another lender. You can finance up to 125% of your car, truck, SUV, van or motorcycle (125% financing subject to other qualifying conditions) and enjoy fixed rates with no pre-payment penalties. Plus, take up to 84 months to repay the loan. Talk about hassle-free!


Student Loans

Gateway Metro Federal Credit Union partners with Lendkey to offer our cuScholar private student loan. Applicants may borrow between $2,000 and $120,000 (for undergraduates) or $160,000 (for graduates) per year and use the funds for qualified expenses, such as tuition, room and board, books, computers and more. In addition to paying competitive rates with opportunities for rate reductions, borrowers can also avoid pre-payment penalties and origination fees.
 

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Real Estate Loans

 

NMLS# 410276

The Gateway Metro Federal Credit Union mortgage center offers you the financing you need, and the peace of mind you deserve, without annual fees, pre-payment penalties or hassles. Plus, the interest you pay may be tax deductible (consult your tax advisor for details). All our home loan products feature competitive rates and flexible repayment terms.
 

First Mortgages

Whether you’re financing your first home, moving to a new home or refinancing your current mortgage, it’s a major decision and you want the right advisors on your side. The trusted mortgage department at Gateway Metro Federal Credit Union is ready to help and armed with the knowledge and experience you need. We make the home financing process -from application to closing- fast and easy. Residents of Missouri and Illinois who meet our membership requirements are eligible for Gateway Metro Federal Credit Union home financing.
 

Home Equity Loans & Lines of Credit

With the Gateway Metro Federal Credit Union Home Equity Loans & Lines of Credit, you can use the funds for home renovation, debt consolidation, school tuition – whatever you need, your home and your credit union can provide.
 

Home Equity Line of Credit

  • Borrow up to 80% of your home’s equity
  • Pay a low, variable rate
  • Draw on funds as you need them
  • No Closing Costs/Free Pre-Approval

 

Home Equity Loan

  • Borrow up to 90% of your home’s equity
  • Pay a competitive, fixed rate
  • Receive your funds in a lump sum
  • Pay closing costs

 

Home Improvement Loans

For home repairs and upgrades large or small, Gateway Metro Federal Credit Union has you covered with this fixed-rate loan! Borrow between $500 and $5,000 for up to three years; or, borrow between $5,000 and $100,000 for up to 15 years.

Collateral-Based Loans

 

Share-, Stock- Or Certificate-Secured Loans

Use your savings at the credit union as collateral and experience the easiest way to continue earning dividends while you are using the funds from the loan. Enjoy competitive rates and terms up to three years!

 

CU Quick Cash Payday Loan Alternative

We’ve seen hard-working members who have trouble making ends meet fall victim to payday lending companies. These predatory lenders charge in the neighborhood of 400% interest. Gateway Metro Federal Credit Union realized there had to be a better option and created the CU Quick Cash Payday Loan Alternative. Simply put, you borrow money -interest free- and we hold a portion of the funds to help you save, all the while helping you to build financial security.

 

Collateral-Free Loans

Line of Credit

Our line of credit beats store charge cards every time. Once approved for this handy loan, you become your own loan officer! Draw from your credit line for whatever you need, whenever you need it- just call, click or stop by to access your credit line. Members with checking and direct deposit at the credit union enjoy rates as low as 12.9% APR; otherwise, rates are as low as 13.9% APR*. In addition, we’ve made it even more convenient by allotting you 48 months to repay the loan.

 

Signature/Personal Loans

Your signature and good credit history are all it takes to get the funds you need. You may borrow up to $10,000 with up to 60 months to repay the loan, and enjoy fixed rates as low as 7.99% APR*

*APR=Annual Percentage Rate. Rates are subject to change and based on member creditworthiness, dollar amount and term. Terms and conditions apply. Contact GMFCU for complete details.

Business Loans

Gateway Metro Federal Credit Union offers business loans and credit cards perfect for your local company’s needs:

Loans

  • Borrow between $5,000 and $50,000
  • Take up to 10 years to repay the loan
  • Enjoy low, variable rates

 

Visa® Business Credit cards

  • Platinum
    • No annual fee
    • ScoreBoard expense management tool
    • Employee cards with individual credit limits
  • Business Bonus Rewards
    • 1.25 rewards points for every net $1 spent
    • No annual fee
    • Cash back, merchandise, travel or gift card rewards
  • Business Bonus Rewards Plus
    • 1.50 rewards points for every net $1 spent
    • Cash back, merchandise, travel or gift card rewards
    • ScoreBoard expense management tool

Plus, our business specialist is available to provide help at your convenience. Contact our lending department at (314) 621-4575.