Somerville’s Credit Union is the best place to finance or refinance a vehicle, hands down! We offer low competitive rates, no down payment options, up to 110% financing, as well as a fast-turn around.

Also the following insurance coverage is available through trusted credit union alliances:

  • GAP Insurance*
  • Extended Warranty
  • Liability Insurance

New Vehicles

Up to 110% financing of MSRP is available for your purchase which includes rates as low as 1.75%. You are also able to choose a repayment period that best fits your needs with terms that go up to 84 months. Full insurance coverage is required and vehicles eligible for this particular loan should be of current or one previous model year.

Used Vehicles

Used vehicles can also be financed up to 100% of the NADA value and include rates as low as 2.49%. Repayment terms extend up to 72 months.

Recreational Vehicles

Make traveling across the country easier than ever with our help. The maximum Loan-to-Value is 80%, with rates as low as 4.75%, and repayment terms extend up to 48 months.

Mobile Homes

Want to take your home on vacation? We can help you with our Mobile Home Loan. Loan approvals go up to $40,000 and the maximum Loan-to-Value is 80%. Enjoy rates as low as 4.75% and repayment terms extend up to 48 months. Title search and mortgage required when located in New Hampshire, and a UCC lien filing for mobile homes located in MA. Contact us for more specific details and financing requirements.


Sail into our Boat Loans to make going to sea easy! Boats can be financed up 80%, include repayment terms that extend up to 48 months, and rates as low as 4.75%.

*What is GAP insurance?

GAP insurance provides valuable protection during the early years of your car’s life if you have a loan or a lease. If a loss occurs, GAP insurance will pay the difference between the actual cash value of the vehicle and the current outstanding balance on your loan or lease. GAP Insurance protects your vehicle lease or loan. Sometimes it will also pay your regular insurance deductible.