Loans for what you need in life.
Keeping rates low is our way of saying "we're here for you."
We're here for those big moments.
Treat yourself to a new car. Remodel your home. Make any one of a thousand other exciting life changes — Commonwealth One is here for you.
Finance it right with lower rates and flexible payment options to fit around you and your needs. We're here to talk through any questions you have.
Save a bundle in interest charges with our driver-friendly auto loan rates.
- Easy pre-qualification
- Vehichles for personal use
- Flexible repayment terms
- Loans to cover 100% of the vehicle
- Optional loan protection
Take on your next big project with a loan or line of credit that best meets your needs.
- Borrow up to 100% of your home's equity
- Loan amounts from $10,000 to $500,000
- Low rates
- Flexible terms
We build long term relationship with our members. From helping them get their first car, to the loan that funds their retirement plans. Getting to know people means we can help them find the right product for whatever's going on in their lives. We find that's the most sure-fire way to provide the best service to the community.
CommonWealth One Federal Credit Union is a full-service financial institution with branches in Northern Virginia, Maryland and Washington D.C.
Let's work together to improve your finances
*Annual Percentage Rate (APR) is based on an evaluation of applicant’s credit. Your actual rate may vary. Not all will qualify for the lowest rate. Payments for $20,000 loan at 4.39% APR for 36 months are approximately $593.96 per month. Rates are subject to change without notice. Other rates and terms are available. Financing is available up to 135% of NADA Retail Value on new and used cars. Loans are subject to a minimum monthly payment of $45.00. Car loans with terms of 49 to 60 months require a minimum $7,000 purchase price. Car loans with terms of 61 to 72 months require a minimum $15,000 purchase price. Car loans with terms of 73 to 84 months require a minimum $20,000 purchase price.
Home Equity Loans and Lines of Credit are available on primary residences located in Virginia, Maryland, North Carolina, Kentucky, Tennessee, West Virginia, and Washington, DC. Payments for $20,000 home equity loan at 6.62% APR for 60 months are approximately $393 per month. CommonWealth One Federal Credit Union complies with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E. Act). A list of our registered originators can be found by searching for CommonWealth One FCU at https://www.nmlsconsumeraccess.org/. 1 LTV = Loan-to-Value. The maximum combined loan-to-value for investment properties is 90%. *Annual Percentage Rate (APR) is based on an evaluation of applicant’s credit. Your actual rate may vary. Not all will qualify for the lowest rate. Minimum loan or line of credit amount is $10,000 and maximum loan or line of credit amount ranges from $250,000 to $500,000 depending on the product type. Loans are subject to a minimum monthly payment of $45.00.
Home Equity Loans and Lines of Credit are available on primary residences located in Virginia, Maryland, North Carolina, Kentucky, Tennessee, West Virginia, and Washington, DC. Please check with your tax advisor regarding loan interest deductibility.
Closing costs include credit reports, appraisal fee, flood certification, title search, recording fees and mortgage transfer taxes. Members will be obligated to pay the closing costs associated with the closing of this loan request. If a drive by or a full appraisal is required to support the loan request, this expense will paid by the member. Total closing costs are based on the loan amount. Closing costs can be incorporated and paid with the loan proceeds. Members should retain a copy of the home equity disclosures. Member may receive a refund of any fees if the rate changes and the member decide not to complete the process. Property insurance is required and flood insurance may be required. Granting of a home equity loan may result in the credit union acquiring a security interest in the property.
Certain restrictions apply.