This page was printed on 2/10/2016.

Loan Services

Eligibility Requirements

Any member of Maine Highlands FCU has the privilege of applying for a loan, and members need not wait until their loans are paid in full before requesting additional credit.

Loan Processing Time

Every effort is made to have the loan proceeds available for members as soon as possible.

Multiple Loans

Members may have any combination of loans as provided by the loan policy, limited in amount by the security offered, their ability to repay, and their credit worthiness. Members may repay their loan in full at any time. There are never any prepayment penalties, or hidden charges.


Under the provisions of this Act, Maine Highlands FCU is required to express its terms and costs on each loan uniformly. The annual percentage rate (APR) is the amount of finance charge expressed as an annual rate. The APR makes it possible to compare credit costs among lenders. No member will be denied any service because of race, color, religion, national origin, sex, marital status, or age (providing the applicant has the capacity to enter a binding contract).

Credit Insurance and Protection Coverage Available

Credit life and disability insurance is available on most consumer loans as long as qualifications are met.

Guaranteed Asset Protection (GAP) is coverage that pays the difference between your primary insurer’s settlement and the loan balance on items directly related to the purchase of a vehicle. MEMBER’S CHOICE GAP is low-cost coverage for a potentially high-cost expense.

Consumer Loans

Maine Highlands Federal Credit Union offers a wide range of consumer loans, including:

  • Personal
  • Auto
  • Recreational Vehicle (ATV, power sport, motor home, etc.)
  • Commercial Equipment
  • Mobile Homes
  • Share Secured
  • Certificate Secured
  • Stock Secured
  • Lines of Credit
  • Overdraft Protection
  • and more.

Mortgages And Other Real Estate Loans

Maine Highlands Federal Credit Union offers a complete selection of mortgages and other real estate loans, including: land loans, mobile homes with land, home equity loans, construction equity loans and more.

CUSO Mortgage Corporation - CUSO Mortgage Corp. is a licensed mortgage company owned by Maine credit unions. They are the fourth largest multi-owned mortgage lending credit union service organization in the country and have been originating and servicing mortgages since 1993. Their mission is to provide consumers—credit union members as well as non-members—with a full menu of competitively priced residential mortgage products and services with extraordinary courtesy and exceptional service. CUSO strives to provide a variety of loan programs for both low-income and first-time homebuyers, as well as for moderate- to higher-income borrowers.

CU Promise - Home Loans for Maine

We believe you should be able to count on your home loan and the people who offer it. That’s why we’ve built three important guarantees into CU Promise.

  • Guaranteed Same-Day Loan Decision
  • Guaranteed Closing Date
  • Guaranteed Local Servicing

Loan Specials

Winter Survival Loan

Get up to $3,000.00 for 12 months at 5.0% Annual Percentage Rate. Usable for the purchase of oil, propane, wood, pellet, or other sources of fuel.

Must meet membership requirements and loan qualification guidelines. See a loan officer for details.

Heat Pump Loan

Get rates as low as 6.99% APR for the purchase of a new heat pump.

Must meet membership requirements and loan qualification guidelines. For a limited time only. See a loan officer for details.

Credit Builder Loans!

Build your credit and save money with our Credit Builder Loans!

See a loan officer for details.