Steps for
your
L.E.O. Home Improvement Loan

L.E.O. has been offering home improvement loans for the past few years. This type of loan is in addition to any other loans you may have with us, and can be for up to 60 months, and at our current rate.

Recently, the L.E.O. Board approved raising the limit on these loans from $5000 to $7500! This means qualified borrowers can get up to $7500 for a home improvement loan... and with NO LIEN PLACED against your property!

What can my home improvement loan be used for? - structural additions and alterations
- new buildings (shed,garage)
- interior and exterior repairs
- plumbing & heating
- landscaping, patios, decks AND MORE!!!
OBTAIN LOAN PACKET INFORMATION FROM WICKLIFFE OR PAINESVILLE OFFICE
  Obtain loan packet information from your L.E.O. Office. This loan packet contains your actual loan application, an improvement loan statement and insurance options - some of these forms can be viewed/printed from this site.
DETERMINE AMOUNT YOU NEED TO BORROW:
Use our General Purpose Loan Calculator
  Refer to our Home Improvement Loan Rates
COMPLETE LOAN AND APPLICABLE INSURANCE OPTION FORMS
  Refer to General Loan Application Instructions or View/Type in, and Print our Loan Application
  VIEW/Type in on-line and PRINT an IMPROVEMENT LOAN STATEMENT - this additional form must accompany a home improvement loan in order for it to be processed.
  OPTIONAL CREDIT INSURANCE - Credit life or credit accident and health insurance is protection for both the buyer and seller --

VIEW/PRINT and type in on-line an OPTIONAL CREDIT INSURANCE option Form
RETURN YOUR COMPLETED LOAN PAPERWORK
  Return your completed loan application and insurance options, attaching any other necessary paperwork (pay stubs, etc.), per our loan application instructions and make sure all paperwork is signed properly.

Your loan packet information can be returned to the Wickliffe or Painesville L.E.O. office, either in person, by fax, or through inter-office mail
YOUR LOAN APPROVAL
You will be advised (usually with 24 hours) if your loan is approved or referred to the credit committee, which meets every Tuesday afternoon.
INFORMATIVE WEBSITES: (Click on Images below to access websites)
   

 

The credit committee, also appointed by the Board, is responsible for ensuring that loan requests and loan processing are effectively and fairly handled based upon policies and procedures established by the Board.

 
 

This credit union is federally-insured by the National Credit Union Administration

We do Business in Accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.

L.E.O. Credit Union's web site is connected to third party websites.
The links are for informational purposes only and not an endorsement of those products or services.
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