Loans
Houston Municipal Employees Federal Credit Union offers loans for almost any purpose. To apply for a loan, an online application is available for you to print, fill out and mail in to the credit union. If you prefer, you may fax your application or you may stop by the credit union to meet with one of the loan officers.
To mail your application to the credit union, please use the following address and add "Attention: Loan Department".
Loans offered by Houston Municipal Employees Federal Credit Union include:
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Mortgages
For your convenience an application may be taken at our CU office or you may apply online. Mortgage applications are forwarded to Member Home Loan, (credit union owned) mortgage company. First mortgages for purchase of refinance available – full menu of fixed and variable rate products, with flexible down payment options.
Main Office (713) 699-0795 Branch Office (713) 224-6566 - Vehicle Loans
Click here for a listing of Houston Area Dealerships. - New and used autos
- New and used recreational vehicles
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Vacation Holiday Loans
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Boat/Motorcycle Loans
- Personal Loans
Members may apply for personal loans up to two times their gross monthly salary, with a maximum of $10,000 and a term of no more than 48 months. The following types of Personal Loans are available:- Line of Credit loans
- Line of Credit Checking Accounts (overdraft protection)
Loans are made in accordance with policies established by the Board of Directors and are granted based on credit history, capacity to repay, and employment history. Payroll deductions are available to members for convenience in repaying loans.
Additional Loan Products and Services
- Credit Life and Disability
Houston Municipal Employees Federal Credit Union provides low-cost Credit Disability and Credit Life Insurance through CUNA (Credit Union National Association). You can protect your financial future by signing up for voluntary credit insurance at the time you make an application. Contact the loan department for details.
- GE Capital Auto Warranties
Offers a wide variety of auto warranties at a lower cost than most dealers. We'll explain each program that will provide you with quality customer service and provide extra security for you and your vehicle.
- GAP (Guaranteed Auto Protection)
What is GAP? Guaranteed Auto Protection is a loan Balance Deficiency waiver designed to eliminate your unpaid net loan balance in the event your vehicle is stolen or damaged beyond repair (totaled). The GAP waiver relieves you of the responsibility for the full loan deficiency balance that the proceeds from your primary insurance policy or an applicable third-party insurance policy does not cover.
- Auto Exam
Don't risk buying a lemon! Auto Exam will send a mobile unit and an ASE-certified technician to perform a complete bumper-to-bumper inspection before you buy. They can give you a written appraisal of the current market value of that vehicle. Simply call for an appointment at (713) 944-2944 or toll-free at 1-800-709-5792.
- Repossessed Vehicles
View our current listing of repossessed vehicles. 100% financing is available to qualified credit union members.
- Credit Union Member Auto Center (CUMAC)
Houston Municipal Employees Federal Credit Union makes it easy for you to find out information on what your car is worth, calculate your loan payments, even apply for a loan online! Take a minute and visit:
CUMAC your one stop online auto shopping center!
- RESTART VISA
Need the flexibility of a credit card, but have less than perfect credit?
RESTART VISA CARD - PDF
