Whether looking for a first mortgage or to refinance, a new or used auto loan, student loan, home equity loan, personal or signature loan or whatever, you’ll find it at Wave. But we don’t stop there. Add disability and life insurance. Choose a weekly, bi-weekly or monthly repayment option for an even greater payback on most loans. Select low-cost Warranty or GAP Coverage for that auto, cycle or RV. You can also borrow on the value of your Share, certificate or savings account at a rate of 3% over the existing rate you’re earning on your deposit account. And with your Wave Navigator Checking Account you can take an additional ¼% consumer loan discount. It’s easy to apply for your loan and you’ll have an answer in practically no time.
Why wait? If you have longed for that new car, a home improvement, vacation, or would simply like to pay off some high interest credit cards or retail loans, apply today!
Auto/Recreational Vehicle Loans Personal/Pledge Loans Student Loans Credit Union Visa Home Equity Loans Mortgages
Auto/Recreational Vehicle Loans…"lots" of options
For work or play, new or used, Wave auto/cycle/RV or boat loans are the answer. They are available with 100% financing and flexible repayment terms. You can also purchase mechanical Warranty Coverage and/or GAP (Guaranteed Asset Protection) coverage at a cost considerably less than what you’d pay at your dealer. These are two more “Special Added Benefits” to your Wave membership.
Other "special" benefits? Make a weekly or bi-weekly repayment for an even faster payback on your loan.
To apply simply provide a purchase and sales agreement, verification of income (i.e. pay stubs, W-2, tax returns) and an insurance binder and we’ll have you on your way in no time!
Personal/Pledge Loans…sign on the dotted line
Personal and signature loans are simple, fast ways to borrow. You may be thinking of new appliances. New furniture. A special vacation. A sound system in the rec room. Bill consolidation. The possibilities are endless.
Sallie Mae's Smart Option Student Loan
For college expenses not covered by scholarships and federal loans, Wave Federal Credit Union has partnered with Sallie Mae to bring you loans with great repayment options and competitive rates.
Click here to apply and learn more details.
Credit Union Visa
Whether for a new kitchen or rec room, a vacation, education expenses, new car or for just about any purpose, a home equity loan can be the answer while also offering possible tax advantages.* Ours come with no points, no closing costs and no annual fees.** And, unlike many institutions that make you pay the old-fashioned way…monthly, or charge you a fee to pay more frequently, at Wave you can set up a weekly, bi-weekly or monthly payment plan. And you can change it at any time…without penalty. You can also choose to pay interest only or principal and interest.
So whether you are interested in a variable rate plan or a fixed rate plan, put it on the house and let us help design the right loan program for you. Applying is easy. Just bring in your verification of income, proof of ownership and an insurance binder and we’ll help with the rest. We can even provide a pre-approval within 24-hours.
Fixed Rate Home Equity Loans
Wave home equity loans have fixed rates, set monthly payments and no annual fees or closing costs.** They are ideal for borrowing a large amount at once and paying a pre-determined monthly amount.
Variable Rate Home Equity Lines
Wave variable rate home equity lines can be accessed by simply writing a check or transferring funds via Wavenet, Waveline or a simple telephone call. You pay only on the amount you use and at a rate based on the Prime Rate. You can also choose to pay interest only or principal and interest. There are no annual fees or closing costs.**
** Minimum borrowing requirements may apply
**You should consult your tax advisor or attorney regarding tax issues specific to your circumstances.
At Wave, whether you are buying or refinancing, you’re sure to find the ideal mortgage loan to suit your particular situation. With some of the best rates and terms around plus the personal, objective consultation to help you find just that right one.
Visit the RI Mortgage Zone for complete information.