Why choose NW Preferred?
Our special Contract Value Loan for District Managers lets you borrow against your Contract Value for a variety of purposes. It has a special low rate, unique for DMs, that very few other credit unions or banks offer —or know how to handle correctly. Fortunately, you’re in good hands. We know the insurance industry in and out, and have over 80 years of history lending to Farmer’s® agents. Because of our exceptional understanding, we can offer you better rates and terms than almost anywhere else:
- Borrow up to 75% of Contract Value
- Fast Approval
- Use the money you borrow however you want. Grow your business, hire staff, consolidate debt, etc.
Hear back within two business days
Apply now to see if you’re eligible for approval. We’ll then need a copy of your Contract Value Report and previous year’s tax returns – if applicable.
Rates as low as
Rates and terms may vary based on a borrower’s credit qualifications. All loan rates are determined by Credit Union management and subject to change at any time.
The Credit Union may offer other rates in the future. All services offered by the Credit Union shall be subject to applicable laws of the State of Oregon, federal laws and regulations, Credit Union bylaws and all regulations, rules and practices now or hereafter adopted by the Credit Union. All loans subject to credit approval.
Loans are secured by the DMs contract value. Other terms and conditions apply, contact the credit union for details
*Maximum loan amount not to exceed 75% of Contract Value for borrower with a 680+ credit score