Loan & Line of Credit Rates

We can help fund life's biggest dreams.

Whether you want to make home repairs, buy a new vehicle or take a trip - we can help.

Every dollar saved can make a difference

At Michigan First, we believe that loans and credit lines should provide you with the opportunity to achieve your goals and experience life to the fullest. We can help you finance all of life's moments, both big and small. 

Loan rates effective as of May 1, 2024.

Term New: 2024
APR as low as*
Used: 2017-2023
APR as low as*
Up to 48 Months 6.99% 7.99%
Up to 60 Months 6.99% 8.24%
Up to 72 Months 7.49% 8.49%
Up to 84 Months 7.99% 8.99%
Term Marine/Recreational
APR as low as*
Up to 240 Months 8.49%
Term Motorcycle
APR as low as*
Up to 48 Months 9.49%
Up to 60 Months 9.49%
Up to 72 Months 9.74%
Up to 84 Months 9.99%
Term Unsecured
APR as low as*
Up to 48 Months 14.49%
Up to 60 Months 14.99%
Up to 72 Months 15.49%
Term Share Secured
APR as low as*
Line of Credit/Overdraft
APR as low as*
Up to 48 Months 8.74% 15.99%
Up to 60 Months 9.74% N/A
Term Up to 80% LTV
APR as low as*
81-90% LTV
APR as low as*
91-100% LTV
APR as low as*
Up to 180 Months 9.75% 10.75% 12.75%
Term Up to 80% LTV
APR as low as*
81-90% LTV
APR as low as*
91-100% LTV
APR as low as*
Seven Year Draw Period 10.00% 11.00% 12.00%
Term Up to 80% LTV
APR as low as*
81-90% LTV
APR as low as*
Ten Year Draw Period 10.50% 11.50%
Term New: Up to 70% LTV
APR as low as*
Used: Up to 50% LTV
APR as low as*
Up to 84 Months N/A 11.00%
Up to 180 Months 10.00% N/A
Credit Card Type APR
APR as low as*
Experience Michigan First Rewards® Visa® 13.99%