Personal Loans

Navigate all of life's moments.

No matter which life stage you're experiencing, we're here to help.

Several loan options
Affordable rates
Flexible repayment plans

Life Event Lending

Financial needs are not one-size-fits-all. Neither are Michigan First personal loans. Whether you want to pay for your dream wedding, an important medical procedure, or a boat you've had your eye on, we have a customized loan for every dream and every need. Our affordable loans can be used for:

  • Life stages such as getting married, having a baby, going to college, or buying a new home.
  • Unexpected events such as a medical procedure, auto repairs, job loss, or the passing of a loved one.
  • Living your best life by updating your home, taking a trip, consolidating debt, or buying a boat or other vehicle.

Loan Types

  • Life Event Loan:  It's money you can use however you want. You borrow a set amount at a fixed rate and make monthly payments. It's almost always more cost-effective than charging large payments to a credit card.
  • Savings Secured Loan: Use your savings account as collateral for a low-interest loan. Borrow from $500 up to the balance in your account. This is a great way for you to rebuild your credit score so you can eventually qualify for a larger loan.
  • Signature Line of Credit: It's comforting to know you have extra money available. This loan comes with a preset limit and you can draw from it anytime. We offer a fixed interest rate and convenient access via online and mobile banking.

Michigan First is a full-service credit union with branches that are easily accessible around Metro Detroit, Grand Rapids and mid-Michigan.