Agency Secured Loan

*APR=Annual Percentage Rate. Rate shown is FIGFCU’s preferred rate, based on credit worthiness and minimum FICO Score. Other Rates and terms may be available and may change at any time, without notice, and are subject to credit approval. The quoted preferred rate reflects 1.00% Discount: In order to qualify for the 1% discount, agent/borrower must maintain Direct Deposit/Net Check going into their FIGFCU Checking Account (either High Yield or CashBack) in the amount of $1,000.00 or more monthly and Automatic Payment/Folio Deduction for the entirety of the Loan, if either feature is discontinued, the 1% discount will be forfeited; the Credit Union reserves the right to recover fees from any share account held with the Credit Union. Failure to maintain the underwriting requirements could result in Penalty Rate being enforced, other restrictions may apply. Certain creditworthiness criteria apply for any loan approval. Agency Membership with FIGFCU Credit Union is required.  If you are not currently a member, open an Agency Membership with as little as $5 to take advantage of this offer and set up the required Net Folio Deposit AND Automatic Payment/Folio Deduction. FIGFCU has the right to end or modify this promotion at any time and cannot be combined with any other promotional offer. Refinancing of existing FIGFCU loans do not qualify for reduced rate. Promotion Period: October 19, 2020 – December 31, 2020, but may be changed or discontinued at any time subject to Credit Union review, without notice.

3 Agents and DMs: Borrow up to 75% of contract value for an agency acquisition loan or down payment on commercial real estate. Borrow up to 60% of estimated contract value. Agents and DMs: Should a UCC not be on file for an account holder/borrower and their respective agency on another account, one will need to be filed upon the funding/opening of this Credit Line. At such time the prevailing rate/cost for filing a UCC will be assessed against the account holder/borrower.