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The Homefield Advantage Skip-A-Payment Program

 

 

It's amazing where a little extra cash can take you, and we've got a way that's simple.  For a nominal fee, members in good standing can skip a payment on either their auto, motorcycle or recreational vehicle loan up to 2 times a year to take better advantage of whatever opportunities lie ahead!*

How Do I qualify?

·         Member must be current on all loans with Homefield Credit Union for the past 6 months and has not had a collection deferment in the last 12 months.

·         Member must have made the first 3 payments on the loan in order to take advantage of "Skip-A-Payment.”

·         Member’s accounts must be in good standing (no negative balances, over credit limits, current delinquency, etc.).

·         Extensions are not permitted on Real Estate Loans, including 1st mortgages, 2nd mortgages, Home Equity Lines of Credit, or on unsecured loans or lines of credit. 

 

*The processing fee will be $25 for secured consumer loans. Other restrictions may apply.  All extension requests are subject to credit union approval. Loans are limited to 2 "skips" per calendar year and a total of 5 "skips" for the life of the loan. No consecutive "skips" are allowed. This offer is subject to change without notice. Member must be current on all loans with Homefield Credit Union for the past 6 months and must not have had a collection deferment in the last 12 months.  Member must have made the first 3 payments on the loan in order to take advantage of this offering.  Member's account must be in good standing (no negative balances, over credit limits, current delinquency, etc.).  Extensions are not permitted on Real Estate Loans, including 1st mortgages, 2nd mortgages, Home Equity Lines of Credit, or on unsecured loans or lines of credit.