Other Secured Loans

Shopping for new furniture, appliances or a computer? TFCU can help you with a fixed rate secured loan and a flexible repayment period. We can also consolidate your high interest loans into one low interest payment with a secured loan. This includes:

  • Household goods (indoor/outdoor furniture and appliances)
  • Playground sets
  • Firepit tables
  • Gaming tables
  • Massage chairs
  • Grills
  • Portable generators
  • Computers
  • Trailers, tractors, lawn mowers, farm equipment, horse trailers (without living quarters)
  • Musical instruments
  • Special needs equipment
  • Electric vehicles (street legal low speed vehicles for LSVs)
  • Golf carts, non-titled scooters, and bicycles
  • HVAC Units
  • Saunas
  • Installed Generators
  • Decks
  • Fencing
  • Landscaping
  • Pergola’s
  • Hot water tank (including tankless water heaters)
  • Water softener
  • Water purification systems
  • Swim Spas
  • Hot tubs/spas
  • Hybrid and above ground pools
  • Tractors (separate rates below)
  • Storm Shelters (separate rates below)

Secured Rates (Effective 2/1/2025 – Until Further Notice)

Other Secured Loans on items above are available up to $35,000 for qualified members.

Rates disclosed below are annual percentage rates (APR)

Special needs equipment loans discounted by 1.00% off stated rates.

Fixed: Rates range between 7.49% APR to 15.49% APR with terms up to 120 months. Rates are based on member’s credit history and term requested.

Secured Rates for Tractors

Other Secured Loans on Tractors are available up to $50,000 for qualified members.

Fixed: Rates range between 7.49% APR to 16.49% APR with terms up to 120 months. Rates are based on member’s credit history and term requested.

Example Transactions for Secured Loans & Rates:
Purchase Price 5,000.00 50,000.00
Amount Financed 5,000.00 50,000.00
Term (Months) 60 120
Loan to Value 100% 80%
Down Payment 0.00 12,500.00
APR 7.49% 16.49%
Fixed or Variable Fixed Fixed
Monthly Payment 100.17 853.20
Total Repayment 6,010.04 102,381.86
Payment Per $1,000.00 20.04 16.49

Secured Rates for Storm Shelters

Other Secured Loans on Storm Shelters are available. UCC-1AD is required.

Fixed: Rates range between 3.99% APR for all credit tiers with terms up to 60 months. Terms are determined by the amount financed.

Example Transactions for Secured Loans & Rates:
Amount Financed2,000.005,000.00
Term (Months)2460
Loan to Value100%100%
Down Payment0.000.00
APR3.99%3.99%
Fixed or VariableFixedFixed
Monthly Payment86.8592.07
Total Repayment2,084.325,524.15
Payment Per $1,000.0043.4318.42