Loans

Loan protection products available that can be added into your loan:

• Securian Debt Protection 
  • Death
  • Disability
  • Involuntary Unemployment
• Extended Warranty 
  • Available for both new and used vehicles 
  • Available for Auto and powersport loans
  • Warranty with complete coverage
• Guaranteed Asset protection Advantage 
  • Waives the difference between your primary insurance and the payoff of your loan balance. 
  • Auto Deductible Reimbursement (ADR)
  • GAP Advantage  

We can help you with the right financing to go alongside the right toy!

• Boats, Motorcycle, and RV’s.
  • Low, competitive rates
  • Terms up to 84 months
  • Quick and easy financing
• ATVs, Dirt Bikes, Personal Watercraft, Snowmobiles and Trailers
  • Low, Competitive rates
  • Terms up to 72 months
  • Quick and easy financing
• Boat Lifts
  • Low, competitive rates
  • Terms up to 72 months
  • Requires 20% down payment
  • Quick and easy financing

An unsecured personal loan can be used to help finance a vacation, debt consolidation, or an unexpected expense.

Protect yourself from overdraft fees with a Rail Line of Credit

Have savings but don’t want to spend it? Use your shares as collateral for your loan!

Brainerd BN Credit Union can help assist you with equipment financing.

• Low, competitive rates
• Terms up to 60 months
• Requires 20% down payment
• Quick and easy financing

Brainerd BN Credit Union can help finance Machinery and Lawn tractors

• Low, competitive rates
• Terms up to 72 months
• Requires 10% down payment
• Quick and easy financing

Let our team at Brainerd BN Credit Union help you make your dream home or property a reality!

• Adjustable Rate Mortgages (ARM)
  An Adjustable Rate Mortgage is a mortgage loan with an interest rate that adjusts based on a designated adjustment period and index rate. With the ARM products available, the interest rate either adjusts every 3 years, every 5 years, or after 7 years and then every year thereafter. These loans offer no origination fees, low closing costs and competitive interest rates! All of our ARM loans are kept in-house and never sold!

• Construction Loan
  An Adjustable Rate Mortgage (ARM) product featuring a one-time closing for reduced closing costs, no origination fees or draw fees, and competitive interest rates! Even better yet, sweat equity is allowed and can be used as part of the required down-payment!

• Home Equity Lines of Credit (HELOC)
  A Home Equity Line of Credit allows members the ability to borrow funds as needed. HELOCs are adjustable rate mortgages with annual rate adjustments, a draw period of 120 months and a repayment period of 60 months. These loans offer no origination fees, low closing costs, and competitive interest rates!

• Land Loan
  Adjustable Rate Mortgage (ARM) product featuring no origination fee, low closing costs, amortization periods of up to 30 years, and competitive interest rates! These loans can be used to purchase or refinance land-only property. 

• Multi-Family Rental Property Loan
  Adjustable Rate Mortgage (ARM) featuring low origination fee, low closing costs, and competitive interest rates! These loans can be used to purchase or refinance rental properties.

• Servion Mortgage Fixed Rate Mortgages
  Fixed Rate Mortgage loans through Servion Mortgage offer members the option of a loan where the rate of interest stays the same throughout the entire loan term. Our trained member services representatives serve as your local partner and assist you through the Servion Mortgage loan process. Contact the Credit Union to start the application process.
  • Your loan will never be sold to another lender
  • First-time homebuyer programs available
  • VA loan options available
  • Variety of terms and down payment options
  • Competitive interest rates

• We do not offer any in-house student loans; we recommend using Sallie Mae

Brainerd BN Credit Union will write you a check for 1% of your outstanding loan balance on any auto, boat, RV, or agricultural machinery loan held by another lender.

Example: $20,000 x 1% = $200

This offer does not include any BBNCU loan balances and is subject to meeting credit and underwriting standards. The actual amount received depends on the loan balance. See a member service representative for details.

*Maximum check amount for this offer is $500.00 per calendar year.