Loans
Whether you are buying an auto, a home, fixing up an existing home, consolidating debt, or simply building [or rebuilding] credit, we have flexible borrowing options designed to meet your financial goals.
Loan Rates
Rates effective as of April 1, 2025
Our current loan rates in Maine are competitive; therefore, our members can take advantage of lower monthly payments.
All loan rates shown below are “as low as” annual percentage rates and are subject to change without notice. Actual interest rates may be determined by credit score. Interest rates on all variable-rate loans may increase after origination. Membership eligibility is required. Some restrictions may apply.
Auto Secured Loans (Non-Real Estate)
Whether you want to purchase a car or just trying to save money by refinancing with us, we have lending options for you.
Shopping for your next vehicle?
Get Pre-approved for an Auto Loan today!*
Please select the New Member OR Existing Member option once you click the button above.
| Term (1,2,3) | APR* | Monthly Payment Per $1,000 Borrowed |
|---|---|---|
| Up to 36 months | As low as 5.49% | $30.19 |
| Up to 48 months | As low as 5.74% | $23.37 |
| Up to 60 months | As low as 5.99% | $19.33 |
| Up to 72 months1 | As low as 6.49% | $16.81 |
| Up to 84 months2 | As low as 7.99% | $15.58 |
| * Annual Percentage Rate (will vary based on the borrower’s credit score and selected term) ** Up to 120% financing available based on credit score; JD Power or MSRP. 1. 72-month term is for loans $15,000 or greater 2. 84-month term is for loans $25,000 or greater [84-month terms are limited to borrowers with A+, A, B or C credit scores] |
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Recreational Secured Loans (Non-Real Estate)
Are you looking to purchase a boat, motorcycle, or recreational vehicle? We have lending options with competitive rates just for you.
Shopping for your next recreational vehicle?
Get Pre-approved for a Loan today!*
Please select the New Member OR Existing Member option once you click the button above.
| Term | APR* | Monthly Payment Per $1,000 Borrowed |
|---|---|---|
| Up to 36 months | As low as 6.49% | $30.64 |
| Up to 48 months | As low as 6.74% | $23.83 |
| Up to 60 months | As low as 6.99% | $19.80 |
| Up to 72 months1 | As low as 7.49% | $17.29 |
| Up to 84 months2 | As low as 8.99% | $16.08 |
| Up to 120 months2 | As low as 10.74% | $13.63 |
| * Annual Percentage Rate (will vary based on the borrower’s credit score and selected term) ** Up to 100% financing available based on credit score; JD Power or MSRP. 1. 72-month term is for loans $15,000 or greater 2. 84-month term and 120-month term is for boat/recreational vehicle loans $25,000 or greater. [84 & 120-month terms are limited to borrowers with A+, A, B or C credit scores] |
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Share Secured Loans
Apply for a Share Secured Loan today!*
Please select the New Member OR Existing Member option once you click the button above.
Borrow against your own share savings account, which is one of the lowest loan rates we offer.
| Term | APR* | Monthly Payment Per $1,000 Borrowed** |
|---|---|---|
| Up to 120 months | *3.00%+ Dividend Rate | $ VARIES |
| * Annual Percentage Rate ** APR and cost per $1,000 dependent on the rate and term of the term of the shares used to secure the loan. Certain restrictions may apply. |
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Certificate Secured Loans
Apply for a Certificate Secured Loan today!*
Please select the New Member OR Existing Member option once you click the button above.
Borrow against your certificate at a low lending rate.
| Term | APR* | Monthly Payment Per $1,000 Borrowed** |
|---|---|---|
| Not to exceed term on Share Certificate | *3.00%+ Dividend Rate | $ VARIES |
| * Annual Percentage Rate is 3.00% + over Annual Percentage Yield of Share Certificate. ** APR and cost per $1,000 dependent on the rate and term of the term certificate used to secure the loan. Certain restrictions may apply. |
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Personal/Signature Loans
Apply for a Personal Loan today!*
Please select the New Member OR Existing Member option once you click the button above.
We offer personal/signature loans used for whatever you may need.
| Term | APR* | Monthly Payment Per $1,000 Borrowed |
|---|---|---|
| Up to 60 months | As low as 12.24% | $22.37 |
| *Annual Percentage Rate (will vary based on the borrower’s credit score and selected term) Maximum loan amount is $30,000. Certain restrictions may apply. |
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FICO Fit Loan (Credit Builder or Re-Builder)
Get your credit on the right track with our FICO Fit Loan! Apply for our FICO Fit Loan today!*
Please select the New Member OR Existing Member option once you click the button above.
We believe it is never too early or too late to begin building or rebuilding credit. The FICO Fit Loan is designed to do just that to help you establish your credit and develop good savings habits so that in the future, you can qualify for traditional loans!
| APR* | Term | Monthly Payment | Maximum Loan Amount |
|---|---|---|---|
| 9.25% | Up to 12 Months | $87.57 | $1000 |
| * Annual Percentage Rate | |||
Line of Credit (Variable Rate)
Apply for a Line of Credit today!*
Please select the New Member OR Existing Member option once you click the button above.
A line of credit allows members to borrow money when needed and for the amount they need—without having to apply for a loan each time they need to borrow money.
| Term | Variable APR* | Maximum Variable Rate | Minimum Monthly Payment1 |
|---|---|---|---|
| Revolving | As low as prime + 4.50% | 17.00% | 3.00% of outstanding balance, or $25 (whichever is greater) |
| *Annual Percentage Rate, subject to change. (Rates will vary based on the borrower’s credit score and selected term) 1 Current prime rate is 7.50%. Maximum unsecured limits apply. Certain restrictions apply. |
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Overdraft Protection Line of Credit
Apply for a Overdraft Protection Line of Credit today!*
Please select the New Member OR Existing Member option once you click the button above.
We know mistakes happen, and that’s why we offer overdraft protection solutions.
| APR* | Maximum Loan Amount |
|---|---|
| 17.00% | $500 |
| * Annual Percentage Rate The minimum monthly payment will be 10.00% of the outstanding balance or $50, whichever is greater. |
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Mortgage/Real Estate Loans
Start your home-buying journey today!
Get Pre-approved for a Mortgage Loan!
We offer loans to purchase or refinance real estate in Maine for land or homes, including manufactured homes.
Secondary market mortgage rates available, including FHA, VA, MSHA & RD Loans. Rates are based on credit score, loan to value and other requirements. Call (800)-326-6190 to speak with a Mortgage Officer for general information or to apply.
Under the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act), residential mortgage loan originators employed by banks, savings associations, credit unions, or Farm Credit System institutions must enroll with the Nationwide Mortgage Licensing System (NMLS) and Registry, obtain a unique identifier from the registry, and maintain their registrations. Any employee of an agency-regulated institution that is subject to the registration requirements will be prohibited from originating residential mortgage loans without first meeting these requirements. The rules include an exception for mortgage loan originators that originated five or fewer mortgage loans during the previous 12 months and who have never been registered; they would not be required to complete the federal registration process.
The following employees are registered in compliance with the SAFE Act. Information regarding our registered employees may be obtained at the Nationwide Mortgage Licensing System and Registry at http://www.nmlsconsumeraccess.org/.
David Alberico #269921
Nathan Chayer #2611775
Heather Duffy #2581019
Andrea Fisher #696206
Katie Fletcher #2611770
Sean Fluet #1630415
Angela Hallee #2504558
Earl Holt #2504577
Donna Keaten #2504816
Stephanie Lachance #1725885
Michele Lacombe #2117553
Alisha Lake #2600393
Sharon Landon #835802
Carolyn Leone #1747010
Kyle O’Rourke #2157473
Rachel Oliver #2505557
Samantha Wells #2306619
Manufactured Home Loans
Looking for an affordable housing option? Contact us at (800) 326-6190 or info@newdimensionsfcu.com to start the application process for our Manufactured Home Loan.
We finance manufactured homes, including single and double-wide homes in communities or on leased land.
| Loan Type | Term | Rate | APR | Payment Per $1,000 | |
|---|---|---|---|---|---|
| New Manufactured Home (located on leased land) | 10 years | 6.99% | 7.00% | Purchase or Refinance 90% LTV | $ 11.61 |
| 15 years | 7.25% | 7.25% | $ 9.13 | ||
| 20 years | 7.50% | 7.50% | $ 8.06 | ||
| Used Manufactured Home (located on leased land) | 10 years | 7.99% | 8.00% | Purchase or Refinance 85% LTV | $ 12.13 |
| 15 years | 8.25% | 8.25% | $ 9.70 | ||
| 20 years | 8.50% | 8.50% | $ 8.68 | ||
Home Equity Loans
Give your home the makeover it deserves!
Apply for our Home Equity Loan today.
Choose from our fixed-rate term or our line of credit variable-rate loans.
| Loan Type | Term | APR* | Monthly Payment Per $1,000 Borrowed |
|---|---|---|---|
| Home Equity Line of Credit (HELOC) Special | Revolving | As low as 7.50% variable1 Introductory period of 6 months. Fixed rate of 5,25% APR* during introductory period | Varies 2 |
| Fixed Rate Equity | 10 years | As low as 8.29% | $12.27 |
| Signature Equity - Home Improvement Loan | 10 years | As low as 9.81% | $13.08 |
| * Annual Percentage Rate. 1. The home equity line of credit special has an introductory rate fixed for six (6) months at 5.25% APR*, then adjusts quarterly thereafter to Prime minus .50% for the life of the loan. Prime rate is 7.50% APR as of 04/01/25. Hazard Insurance is required; flood insurance is required where necessary. Please consult your tax adviser for deductibility of interest and charges. We will lend up to 80% of the appraised value of your home, minus the first mortgage or 90% LTV if New Dimensions FCU is the first lienholder. Minimum credit line is $5,000. 2. HELOC minimum monthly payment will be the greatest of: (i) 1.00% of the line’s balance at the last advance, (ii) the amount of accrued finance charges, or (iii) $50. Minimum draw (or advance) amount of $500 at all times. Payments quoted above do not include taxes and/or insurance premiums. 3. Third Party Fees: You may have to pay certain fees to third parties. AVM fee $165.00 or Appraisal fee $775.00-875.00; Flood Service fees $18.00; Recording fees $48.00; Title Service fees $150.00; UCC fees $42.00-$54.00. All third-party fees generally total between $381.00 and $1,145.00. If you ask, we will give you an itemization of third-party fees, other fees that may be applicable are: Stop payment charge $25.00; Late charge $20.00; Returned Check Charge $25.00. |
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Energy Loans
Don’t stress about fuel costs this Winter.
Snuggle up with some great rates with our Energy Loan Special. Apply for an Energy Loan today!*
Please select the New Member OR Existing Member option once you click the button above.
When you need to update your heating or cooling system, an Energy Loan may be the choice for you.
| Term | APR* | Monthly Payment Per $1,000 Borrowed |
|---|---|---|
| Up to 60 months | 7.75% | $20.16 |
| *Annual Percentage Rate Certain restrictions may apply. |
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