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 low affordable rates . You are also able to choose a repayment period that best fits your needs with terms that go up to 84 months.

Used Vehicles

Used vehicles can also be financed up to 100% of the Carfax book value and include low affordable rates. 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 affordable low rates, and repayment terms.

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 low affordable rates and repayment terms. 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 and low affordable rates .

*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.