ST. PAUL, Minn. Affinity Plus FCU has introduced two new loans, a home improvement loan and a homeowner debt consolidation loan.
The credit union said both types of loans feature low interest rates, flexible financing options, and terms up to 120 months.
Homeowners who want to consolidate the balances of their high interest credit cards, lines of credit or consumer loans can apply for a Homeowner Debt Consolidation Loan. Affinity Plus said the low interest rates, terms up to 120 months, and maximum loan amount of $25,000 make this product an attractive option to help homeowners to save money.
The Home Improvement Loan offers a low interest rate, terms up to 120 months, and a maximum loan amount of $40,000, which the CU said will provide assistance for homeowners who would like to make improvements to their homes.
