Hero - Personal and Secured loans

Personal & Secured Loans at LorMet Credit Union

Plan a vacation, pay for home improvements, or even repair your vehicle.

Personal and secured loans

Signature Loans

Fixed-rate, unsecured (no collateral) loans that can be used to meet a variety of personal borrowing needs such as consolidating high-interest debt, home improvements, or vehicle repairs. Apply online today!

  • Low Fixed Rate*
  • No Annual Fee
  • No penalty for early payoff
  • Deposit into your LorMet account upon approval
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* Subject to credit approval. Maximum loan amount $10,000.00. Rates are dependent on the individual’s credit score. Not all applicants will qualify for the lowest Annual Percentage Rate (APR) or maximum term. All loans are subject to underwriting policy and guidelines, credit verification and credit repayment history. $0 loan documentation fee. Other rates and terms are available. $5,000 or less = maximum term of 48 months.

Share Secured Loans

Establish or re-establish your credit without dipping into your savings. Share secured personal loans have a fixed-rate and are secured by equal funds in your LorMet savings account. Contact us to begin your application today!
Build Credit

Build Credit

Your payments are reported to the credit bureau

Earn Dividends

Earn Dividends

Your savings continue to earn dividends as you make payments

  • Minimum loan amount $1,000.

  • Maximum term of 60 months. Credit inquiry not required.

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Joel Morrison

They’ve always been good to me. I’ve gotten personal loans with LorMet, no problem.

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Eric Torres

I’ll tell anyone who needs a loan, go with LorMet! They actually care to walk you through it.”

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Tim Alcorn, Radio Voice of the Cleveland Cavaliers Radio Voice of the Cleveland Cavaliers

My children have all had Auto Loans through LorMet. It was outstanding, I’ll never forget that.

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Niya Knox

“They gave me the best info about how my money was going to work for me”

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John Zemanek

It was much easier with LorMet to establish a relationship. Go see Irene, she’ll take care of you.

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