Pahranagat Valley Federal Credit Union

(775) 725-3586
Loans
Explore our loan options and learn how to apply for a loan

Click here to fill out our Online Loan Application.

Click here to view our Loan Rates.

No penalty for early payoff of loans.

How do I apply for a Loan? What paperwork is needed? When will I know if we are approved?

  • Please come in an get a loan application.
  • Have it filled out completely and signed.
  • You will need a copy of your check stubs showing your income and a copy of your most current income tax return.
  • Most loans are approved in 24 Hrs.

What criteria must be met to qualify for a loan?

  • A credit Report will be pulled on the individual applying for a loan and on the spouse of an individual applying for a loan if married.
  • Loans will be made to members based upon their abilities to pay back the loan and their credit standings.
  • Maximum loan amount is $60,000.00 per member account and no more than five loans.
  • The following combined considerations will determine the approval or disapproval of any loan applications – Good Credit Report; Previous loans with the Credit Union paid off on time; Debt ration below 45%.
  • A co-maker may be required when the co-makers worthiness would strengthen loan approval to the applicant. Co-makers are not limited to family members.
  • No member can be a co-maker on more than 2 loans at one time.
  • No penalty for early payoff of loans.

How will I know if you will loan the amount I need for the vehicle I am buying?

  • Come in and tell us the year, make, model and all options that are on the vehicle.
  • We will need to know what size engine and how many miles are on the vehicle.
  • From this information we will pull the high/low average to see what we can loan.
  • We loan 100% on brand new vehicles and 90% of the high/low average on a used vehicle.

What kind of things does the Credit Union loan on?

  • New and Used Vehicles
  • Machinery and Equipment
  • Livestock
  • Agricultural Equipment
  • Recreational Vehicles
  • Metal Buildings
  • Motor Homes and Travel Trailers
  • Mobile Homes – not converted to real property
  • Boats

What other kinds of loans are there?

  • Share loans
  • Signature loans
Questions?
Call us at (775) 725-3586.
You can also email us at pvfcu@lcturbonet.com. Please don’t give account numbers over email. Use the names and how they appear on the account to describe which account you are talking about.