To assist our members who may be in need of funds for hurricane repairs, Launch is offering the Hurricane Loan for members who qualify.
Here are the details for those who wish to apply for the loan:
- 5.99% APR
- Maximum term 36 months
- Maximum loan $5,000
- 60 days deferred payments. Interest will begin to accrue at time of loan closing.
- Hurricane Loan cannot be used to refinance or consolidate existing loans
- Launch FCU membership required. Must have been a member as of August 30, 2019
- No existing delinquent loans with Launch FCU
- One Hurricane Loan per household. If the member still has a balance from any previous Hurricane Recovery Loan, they can apply for a new Hurricane Loan for Hurricane Dorian and combine it with the balance owed; however, the total cannot exceed $5,000.
- Deadline to apply for the special Hurricane Loan is September 30, 2019
**Please contact our Lending Center at 321-455-9400 (inside Brevard) or 1-800-662-5257 option 3 (during business hours) or Apply Online HERE
We care about our members and hope everyone fared well against this storm. We consider ourselves very fortunate that it stayed offshore, and our thoughts are with those in the Bahamas.