LOANS & MORTGAGES
No matter the loan, we have the rates, terms, programs and insurance options to better suit your financial position and monthly budget.
APPLY FOR AN AUTO LOAN TODAY!
Whether you’re shopping for a new or used vehicle or considering refinancing, we’re here to help you every step of the way. Membership is required to apply for a loan with Security First Credit Union.
Auto Loan
Whether you’re shopping for a new or used vehicle or considering refinancing, we’re here to assist you every step of the way.
Our Drive Your Dream Auto Loan Program offers flexible terms and affordable rates, making vehicle ownership easier than ever for all credit backgrounds.
Rates as low as
5.90% APY
Auto Refinance
Did you finance your vehicle somewhere else? If so, you may want to explore refinancing with us, your hometown credit union!
To apply for a new loan or refinance, log in to online banking, visit any of our 9 convenient locations, or contact us at (956) 661-4000.
First Time Buyer Program
Our First-Time Auto Buyer Program is designed for members with little or no established credit, specifically for first-time borrowers and college graduates.
Please stop by any of our convenient locations and speak with a Security First representative. As your hometown credit union, we want to put YOU FIRST and help drive you into life’s next adventure.
AUTO RATES
| AUTO LOANS | APR* |
| Up to 84 months | Rates as low as 5.90%-8.15%* |
AUTOSMART
AutoSMART is a powerful online car shopping website designed to help you save time and money when searching for your next vehicle. It’s a smart choice for stress-free car buying!
- Search and shop local participating RGV dealerships
- Compare makes and models to find what fits your budget best
- Browse real-time dealer inventory
- Build your car and compare prices
Ready to begin the finance process? Within the AutoSMART portal, you will have the option to request contact.
Get started by clicking below, select your vehicle, and begin the next steps.
TruStage® Car & Home Insurance**
If you haven’t compared auto or home insurance rates lately, it’s a great time to take a look. Your credit union membership could result in some nice savings.
Get your free quote today! Call 1-855-483-2149
* APR = Annual Percentage Rate. It is the annual cost of a loan to a borrower – including financed fees. Terms, conditions, and restrictions apply. Subject to credit approval. Existing Security First Credit Union auto loans are not eligible for refinancing. The Board of Directors, as required by law, reviewed and set the rates effective September 21, 2024. Rates are subject to change without prior notice. For further information, please contact Security First Credit Union. Payment example: For an 84-month loan at an interest rate of 5.90%, the monthly payment is approximately $14.56 per $1,000 borrowed.
** TruStage® Auto and Home Insurance Program is offered by TruStage Insurance Agency, LLC and issued by leading insurance companies. Discounts are not available in all states and discounts vary by state. The insurance offered is not a deposit and is not federally insured. This coverall is not sold or guaranteed by your credit union. © TruStage Insurance Agency 2017. AHE, AHL-1339491.2
ARE YOU SEARCHING FOR A HOME LOAN?
Security First Credit Union is here to help! We offer various mortgage and home equity loan products with competitive rates and flexible terms.
Security First Credit Union Mortgage Team
NMLS#810379
Email: [email protected] | Phone: 956-661-4000, ext. 1250
Fax: 956-661-4028 | Location: 3700 N. 12th St. McAllen, TX
Purchase
Whether you are looking to purchase a lot, your first home, a vacation home, or upgrade or downsize, we’ve got conventional home loan solutions to fit your needs.
Refinance
Are you interested in refinancing an existing mortgage loan? Whether you want to lower your payment or pay off your home quicker, we offer flexible refinance options tailored to your needs.
Access Equity
You can use the equity in your home to pay for major expenses such as home improvements, debt consolidation, and more.
Invest
We can help you purchase personal investment property to earn a return through rental income. We offer conventional financing options to purchase or refinance 1–4-unit investment properties.
Mortgage Rates*
Home Equity - Primary Residence
Must be primary residence (1 unit), max LTV 80%
| Term | Rate* | APR** |
| 5 Years – $50,000.00 – MAX | 5.50% – 5.65% | 6.339% – 6.491% |
| 10 Years – $50,000.00 – MAX | 5.55%-5.70% | 5.995% – 6.146% |
| 15 Years – $50,000.00 – MAX | 5.60%-5.75% | 5.913% – 6.065% |
| 20 Years – $75,000.00 – MAX | 5.65%-5.80% | 5.899% – 6.050% |
| 25 Years – $100,000.00 – MAX | 5.70%-5.85% | 5.911% – 6.062% |
| 30 Years – $125,000.00 – MAX | 5.75%-5.90% | 5.937% – 6.088% |
| Home Equity Example | |
| Loan Amount | $125,000.00 |
| Interest Rate* | 5.90% |
| Loan Term | 30 Years |
| Estimated Closing Costs | $2,500.00 |
| Initial Monthly Principal and Interest Payment | $741.42 |
| APR** | 6.088% |
| Credit Score | 640 |
Purchase/Refi - Owner Occupied (1 unit)
Primary Residence, 2nd/Vacation home, max LTV 80%
| Term | Rate* | APR** |
| 10 Years – $50,000.00 – MAX | 5.45% -5.65% | 6.121% – 6.323% |
| 15 Years – $50,000.00 – MAX | 5.50% – 5.70% | 5.972% – 6.175% |
| 20 Years – $75,000.00 – MAX | 5.55% – 5.75% | 5.924% – 6.127% |
| 25 Years – $100,000.00 – MAX | 5.60% – 6.80% | 5.917% – 6.120% |
| 30 Years – $125,000.00 – MAX | 5.65% – 5.85% | 5.93% – 6.134% |
| Purchase Example | |
| Loan Amount | $125,000.00 |
| Interest Rate* | 5.80% |
| Loan Term | 30 Years |
| Estimated Closing Costs | $3,750.00 |
| Initial Monthly Principal and Interest Payment | $733.44 |
| APR** | 6.083% |
| Credit Score | 640 |
| Refinance Example | |
| Loan Amount | $125,000.00 |
| Interest Rate* | 5.80% |
| Loan Term | 30 Years |
| Estimated Closing Costs | $2,500.00 |
| Initial Monthly Principal and Interest Payment | $733.44 |
| APR** | 5.987% |
| Credit Score | 640 |
Purchase / Refi - Investment (1-4 Unit)
Residential, max LTV 75%
| Term | Rate* | APR** |
| 10 Years – $50,000.00 – MAX | 5.70% – 5.90% | 6.374% – 6.576% |
| 15 Years – $50,000.00 – MAX | 5.75% – 5.95% | 6.226% – 6.428% |
| 20 Years – $75,000.00 – MAX | 5.80% – 6.00% | 6.178% – 6.381% |
| 25 Years – $100,000.00 – MAX | 5.85% – 6.05% | 6.171% – 6.374% |
| 30 Years – $125,000.00 – MAX | 5.90% – 6.10% | 6.185% – 6.388% |
| Investment Purchase Example | |
| Loan Amount | $125,000.00 |
| Interest Rate* | 6.05% |
| Loan Term | 30 Years |
| Estimated Closing Costs | $3,750.00 |
| Initial Monthly Principal and Interest Payment | $753.46 |
| APR** | 6.337% |
| Credit Score | 640 |
| Investment Refinance Example | |
| Loan Amount | $125,000.00 |
| Interest Rate* | 6.05% |
| Loan Term | 30 Years |
| Estimated Closing Costs | $2,500.00 |
| Initial Monthly Principal and Interest Payment | 753.46 |
| APR** | 6.240% |
| Credit Score | 640 |
Vacant Lot Purchase/Refi - Future Residence
Residential, 2 acre max, no mixed use, max LTV 80%
| Term | Rate* | APR** |
| 5 Years – $15,000.00 – MAX | 5.40% – 5.60% | 6.667% – 6.920% |
| 10 Years – $30,000.00 – MAX | 5.45% – 5.65% | 6.121% – 6.323% |
| 15 Years – $50,000.00 – MAX | 5.50% – 5.70% | 5.972% – 6.175% |
| Lot Purchase Example | |
| Loan Amount | $80,000.00 |
| Interest Rate* | 5.65% |
| Loan Term | 15 Years |
| Estimated Closing Costs | $2,400.00 |
| Initial Monthly Principal and Interest Payment | $660.05 |
| APR** | 6.124% |
| Credit Score | 640 |
| Lot Refinance Example | |
| Loan Amount | $80,000.00 |
| Interest Rate* | 5.65% |
| Loan Term | 15 Years |
| Estimated Closing Costs | $1,600.00 |
| Initial Monthly Principal and Interest Payment | $660.05 |
| APR** | 5.964% |
| Credit Score | 640 |
Vacant Lot Purchase/Refi - Investment
Residential, 2 acre max, no mixed use, max LTV 75%
| Term | Rate* | APR** |
| 5 Years – $15,000.00 – MAX | 7.85% – 8.05% | 9.147% – 9.349% |
| 10 Years – $30,000.00 – MAX | 7.90%-8.10% | 8.603% – 8.805% |
| 15 Years – $50,000.00 – MAX | 7.95%-8.15% | 8.457% – 8.660% |
| Investment Lot Purchase Example | |
| Loan Amount | $80,000.00 |
| Interest Rate* | 8.10% |
| Loan Term | 15 Years |
| Estimated Closing Costs | $2,400.00 |
| Initial Monthly Principal and Interest Payment | $769.15 |
| APR** | 8.610% |
| Credit Score | 640 |
| Investment Lot Refinance Example | |
| Loan Amount | $80,000.00 |
| Interest Rate* | 8.10% |
| Loan Term | 15 Years |
| Estimated Closing Costs | $1,600.00 |
| Initial Monthly Principal and Interest Payment | $769.15 |
| APR** | 8.437% |
| Credit Score | 640 |
TruStage® Car & Home Insurance**
If you haven’t compared auto or home insurance rates lately, it’s a great time to take a look. Your credit union membership could result in some nice savings.
Get your free quote today! Call 1-855-483-2149
Mortgage FAQs
What types of financing does Security First Credit Union offer?
Homes
We offer financing options for move-in ready homes, including purchasing or refinancing primary residences, vacation homes, and second homes.
- Up to 80% loan to value
- 2 acres or less
- Please note that we do not provide financing options for frame or manufactured homes.
Lots
We also have financing options available for lot purchases and refinances.
- Up to 80% loan to value
- Lots must be unimproved/vacant property
- 2 acres or less
- Must be residential (Please note that we do not provide financing options for agricultural or farmland lots.)
Home Equity
We offer cash-out equity options for your primary residence.
- Up to 80% loan to value
- 2 acres or less
- Please note that we do not provide financing options for frame or manufactured homes.
Investments
Personal investment property (1-4 units) purchases and refinances
- Including: Single family residential, townhome, duplex, triplex, and four-plex
- Up to 75% loan to value
- 2 acres or less
What are the Benefits of getting my Mortgage loan with Security First Credit Union?
Fixed Rates
- No prepayment penalties
- Optional escrow for taxes and insurance
- Low closing costs
- No charge for:
- Application Fee, Rate Lock, Credit Report, Underwriting, Administrative, Processing Fee, or Attorney Fees.
Mortgage Calculator
The calculator above is for educational purposes only. Your actual rate, payment, and costs could be higher. Please contact Security First Credit Union for an official Loan Estimate.
*Mortgage Disclosures
The examples above are based on LTV, credit score, and include a standard 1% origination fee for all purchase transactions. Payment examples do not include taxes, homeowners, flood, or windstorm insurance premiums. The total mortgage payment may be greater than what is shown above.
- Rate depends on the loan amount, term, and credit score obtained from credit-reporting agencies. Loan subject to credit approval.
- ** APR = Annual Percentage Rate. It is the annual cost of a loan to a borrower – including Financed Fees. The APR is effective September 21, 2024.
- The information displayed is accurate as of the date of the latest update and is subject to change without notice. Please contact the Mortgage Department at (956) 661-4000, ext.1250, for more pricing details. Other restrictions may apply. Additional fees, terms, and conditions may apply.
- Security First Credit Union will NOT subordinate our lien. The 1st lien must be with Security First to attain 2nd lien Home Equity.
- Financing is available for properties in Willacy, Cameron, Hidalgo, and Starr County.
- Closing costs may vary based on the transaction.
- Rates are subject to change without notice.
- Membership eligibility is required.
- 1% origination fee based on loan amount (Not applicable on Home Equity and Refi Loans).
- Please consult a tax advisor regarding the tax deductibility of interest and charges.
PERSONAL LOANS
Access the funds you need with our affordable personal loans! Use the extra cash for any purpose and repay what you borrow up to a 36-month term.
APPLY FOR A LOAN TODAY!
Membership is required to apply for a loan with Security First Credit Union. To apply, log in to your online banking account. If you are not a member, please visit one of our branch locations or call our call center at 956-661-4000 for more information.
PERSONAL LOAN RATES
| Unsecured Loans† | APR* |
| Up to 36 months | 12.99% – 17.99% |
* APR = Annual Percentage Rate; it is the annual cost of a loan to a borrower – including financed fees; terms, conditions, and restrictions apply; subject to credit approval. Payment Example: For a 36-month loan at an interest rate of 12.99%, the monthly payment is approximately $36.18 per $1,000 borrowed.
†The Board of Directors, as required by law, reviewed and set the rates effective September 1, 2024. Rates are subject to change without prior notice. For further information regarding applicable fees and terms, contact an employee at any Security First Credit Union branch.
