• Quick loan approval: A credit union considers the loan application of the members irrespective of their credit history. It offers quicker approval and is flexible in the loan terms as well.
• Competitive and reliable: Being non-profit organization, the credit union is member owned and operated. Thus it offers lower interest rates that make the loan more affordable and at flexible terms. The union uses the generated revenue to offer lower fees and lower rates.
• Personalized service: The credit union offers customized services to the members. You can discuss your loan needs with the staff and they can offer personalized loan solutions. You can also opt for flexible repayment options and gain from the professional support of the staff. They not only offer you repayment solutions according to your needs but also guide you on buying a suitable car. 
• Guidance available: The credit union offers guidance about taking the right decisions while assessing the value of cars. The staff helps you calculate the real value of your car, if you are a new buyer. They also help you better understand your financing options. 
• Not sales focused: Unlike banks, the credit union is non-sales oriented, so it do not offer bonus or other compensation to the lenders. The union returns whatever profit they earn to the members in the form of low interest rates on savings accounts, financial products and loans. 
• Easy loan process: It is quite easy to apply for auto loan as members can go to the credit union office and discuss the needs face-to-face with a loan office. The members can apply for the loan at particular dealership, over the phone or online. The staff is very friendly, courteous and assists the members in applying for a loan.
  

We, at Greater Central Texas Federal Credit Union, provide secured and unsecured auto loans to all our members. For more information, call at (254) 690 – 2274.

• Get a pre-approval: A pre-approved loan will let you know the type of home you can afford to buy. It also assures the seller that you are a responsible buyer and genuinely interested in buying the property. The lender will assess your total income, debts and other financial liabilities to evaluate the loan amount you can be pre-approved for. Once the amount is known, you can go about scanning for a suitable home in Killeen that suits your requirements.

• Keep all documents ready: All the important financial documents like bank statements, employment letter, salary proofs, home insurance, tax returns etc. must be kept ready. These may be reviewed by your loan officer to assess your borrowing ability and submit the application.

• Understand loan type: One must decide if he needs a fixed rate mortgage (interest rate stays the same during the entire tenure of the loan) or flexible mortgage rate (interest rate fluctuates according to the market trends). This choice may depend on your current and future financial condition.

• Closing the loan: Once all the paper work is done with the credit union, the next step is to go through the terms and conditions of the loan plan all over again. You may need to submit a copy of the property documents and a few postdated checks to close the deal.