Borrow with Confidence & Convenience
Weather it's a new car or an unexpected expense- get the funds you need with low rates and easy terms. Apply Online - Sign Electronically.
Put Your Plans Into Action
Competitive interest
rates
Easy & Convenient E-Signing Available
Loans for every stage in life
Easy applications and fast decisions
Trusted Personal lender
since 1946
Choose the Right Payment for your Budget
Calculate your Payment with the WPDFCU Loan Calculator
Motor Vehicle Loans
Drive Your Dream—With Financing That Gets You There
New Auto Loans:
The Worcester Police Department Federal Credit Union finances 100% of the purchase price of the vehicle as state on the Purchase & Sales Agreement. A car will be considered a new car four months into the next model year and/or providing that the mileage is under 10,000 miles.
Used Auto Loans:
The Worcester Police Department Federal Credit Union finances 100% of the purchase price of the vehicle as stated on the Purchase & Sales Agreement or NADA book value, whichever is less.
- 100% financing of collateral
- Terms available from 1 to 7 years
- Loans up to $70,000.00
- Refinancing of auto loans with other lenders are accepted
- Quick Approvals / Pre-Approvals available upon request
- A $25 fee is required by the Registry of Motor Vehicles on all auto loan refinances
- Payroll Deduction repayment option
- Apply-By-Phone at 508.799.7677 or online
PERSONAL LOANS
Loans That Fit Your Life
Worcester Police Department Federal Credit Union offers Personal Loans for the purpose of debt consolidation, home repairs, vacations, or whatever expenses may come your way. Quick Approvals and Pre-Approvals available upon request.
- Borrow up to $15,000.00 with 1 signature and up to $20,000.00 with 2 signatures
- Terms available for loans up to 7 years
- Apply-By-Phone at 508.799-7677 or online
- Payroll Deduction repayment option
Student Loans
Invest in Your Future with Smarter Student Loans
Worcester Police Department Federal Credit Union offers Student Loans for the purpose of financing short term educational expenses. Quick Approvals and Pre-Approvals available upon request.
- Borrow up to $15,000.00 with 1 signature and up to $20,000.00 with 2 signatures
- Borrow for up to 4 years
- Apply-By-Phone at 508.799-7677 or online
- Payroll Deduction repayment option
Passbook Loans
Secure, Low-Cost Borrowing Backed by Your Savings
Worcester Police Department Federal Credit Union offers Members the ability to pledge their shares as collateral for obtaining a Passbook Loans. Quick Approvals and Pre-Approvals available upon request.
- Terms available for loans up to 5 years
- Interest Rate is 3% more than the Share Account is earning
- Apply-By-Phone at 508.799-7677 or online
- Payroll Deduction repayment option
Real Estate Loans
The Key to Homeownership
Worcester Police Department Federal Credit Union partners with mortgage lenders to provide competitive fixed & variable rate mortgages.
- 100% Financing available.
- Terms available for 10, 15, 20 and 30 Year Loans.
- Different programs available depending on need.
Call and speak to a Loan Officer Today at 508-799-7677 or apply online.
Home Equity Loans
Put Your Home’s Value to Work for You
Our H.E.L.O.C. is our newest mortgage product and is expected to become very popular because it enables our members to be prepared for expected or unexpected events in their lives. You decide how to use your Home Equity Loan: Home improvements, prepare for a new baby, take that much needed vacation, tuition costs, a new car – it’s your choice.
- Lines start at $10,000
- 5 year draw period with a 10 year re-payment period
- Interest may be tax deductible (consult w/ your tax advisor)
- Apply-By-Phone at 508.799.7677 or online
- Payroll Deduction repayment option
Prime is defined as Prime Rate as published in the Wall Street Journal as of the last business day of the preceding month. The floor interest rate of this program is 3.00%. If this loan is paid off or refinanced within three years of its original date, there will be an early termination fee of $500.00. If approved, $250 fees (recording fee, appraisal fee, document preparation fee) will charged to open the line of credit. Homeowners insurance is required at all times during an open line of credit.
Recreation Vehicles
Adventure Starts with the Right Financing
Worcester Police Department Federal Credit Union offers both NEW and USED Recreational Vehicle loans for motorcycles and boats (must be titled boats). Quick Approval and Pre-Approvals available upon request.
New & Used Motorcycle:
- 100% financing available for qualified borrowers
- Terms available from 1 to 6 years
- Loans up to $100,000.00.
- Refinancing of Motorcycle loans with other lenders are accepted
- Payroll Deduction repayment option
- Apply-By-Phone at 508.799.7677 or online
New & Used Boat, Camper or Trailer:
- 100% financing available for qualified borrowers
- Terms available from 1 to 6 years
- Loans up to $100,000.00.
- Refinancing of Boat from other lenders are accepted
- Payroll Deduction repayment option
- Apply-By-Phone at 508.799.7677 or online
Periodic Loan Specials
Limited-Time Loan Offers with Even More to Love
Worcester Police Department Federal Credit Union offers Periodic Loan Specials such as Holiday and Vacation Loans. These loans are to ease the financial stress of the holiday season and provide much needed vacations. These loans generally follow the same criteria as a personal loan. Loan Specials can not be used to pay off existing Credit Union loans. Quick Approvals and Pre-Approvals available upon request.
- Borrow up to $4,000.00 (amounts may vary)
- Terms available for loans up to 7 years
- Apply-By-Phone at 508.799.7677 or online
- Payroll Deduction repayment option
Here for You
friendly Member Service Representatives can address any
questions or concerns you may have. Visit Us or call us at
508.799.7677.
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