Personal Loans & Lines of Credit

Personal Loans & Lines of Credit.
No hassle.

No hidden fees. Fixed rates. No prepayment penalties and no application or origination fees — just flexible funds for whatever life brings your way.

Loans up to $35,000
Low rates based on your credit
Funds as fast as one business day
Why MHV

Pay less to borrow with MHV

No prepayment penalty

Ready to pay your personal loan off? Go ahead. We never charge a prepayment penalty.

No application or origination fees

We’re not going to charge you to apply. As a not-for-profit credit union, we try hard to eliminate fees.

Get your funds fast

No need to wait. You can get your funds as quickly as one business day.
What For

Use a personal loan to fit your needs

Consolidate Debt

Erase credit card debt and save hundreds on interest charges.

Home Improvement

Renovate and refresh without tapping into your home's equity.

Medical

Avoid charging unforeseen medical expenses to higher-interest credit cards.

Vacation

Make that dream destination a reality!

How It Works

Getting a personal loan is quick and easy

1

Compare

Consider how you may use your personal loan. Is a personal loan or line of credit a better option for you?
2

Calculate

Estimate your monthly payment. Personal loans offer one low, fixed monthly payment.
3

Apply

Apply Signature Loan amounts range from $300 to $25,000. Jumbo loans are available up to $35,000. Apply online in less than 10 minutes or visit your local branch.
4

Get Your Funds

Start and finish your application all online and get your funds as soon as one business day. It’s that easy!
Rates as low as

Compare our personal loan options

Personal Loan

7.49% APR*

Ideal for borrowing money for a one-time expense with no hidden fees. You’ll receive the total amount of your loan as a lump-sum with a fixed interest rate and a fixed monthly payment.

Line of Credit

12.99% APR*

Looking for a source of cash to use as you need it? A Line of Credit gives you the ability to access funds only as you need them — for emergencies, overdraft protection, or small projects — all with no hidden fees.

Debt Consolidation

7.49% APR*

Combine higher-rate balances into a single payment with a fixed rate and no hidden fees. Perfect for getting ahead of higher-rate credit card debt.

Personal Loan Calculator

Estimate your monthly payment

Getting a personal loan is quick & easy

Your next step

Make MHV your everyday bank.

Your personal loan makes you a member. Bring your everyday banking home with free Checking, and put a low-rate MHV Visa to work for the way you spend.

Lower Loan Rates

Member rates beat most banks on auto, home, and personal loans.

Higher Savings Yields

Share Certificates with higher rates — earn more on your money.

Free Financial Coaching

One-on-one guidance to reach your financial goals.

Local Decisions

Approvals made by people who live in your community.

Personal Loan

Commonly Asked Questions

Debt consolidation is the process of combining multiple debts into a single loan, ideally with a lower interest rate and a more manageable payment plan.

Don't wait until your debt becomes unmanageable. Consolidating early helps reduce your financial stress and may save you money in the long run.

If you're struggling to keep up with multiple debts or high-interest payments, consolidating your debt can make your life easier and less stressful.

Once you pay down your debt, you can close your credit accounts or leave them open. Avoid using them again to prevent accumulating additional debt.

*Rates as of September 2026 and subject to change without notice. APR means Annual Percentage Rate. Personal loans from $300 to $25,000 are available to eligible members in good standing, subject to credit approval. Advertised “as low as” APRs are available to qualified applicants; your actual APR may be higher based on your creditworthiness. The advertised APR includes a 0.25% discount for automatic payments from an MHV savings or checking account. At 7.49% APR, a 47-month loan would have an estimated monthly payment of $24.62 per $1,000 financed. Jumbo personal loans are available up to $35,000; rates and terms may differ. This offer does not apply to refinancing an existing MHV personal loan. Federally insured by NCUA.