RMO Financial offers personal loans to help you consolidate debt, finance a large purchase, cover unexpected expenses, or fund home improvements.
MyPersonal Loan — An unsecured personal loan with fixed rates starting at 6.49% APR for qualified borrowers. Loan amounts range from $2,500 to $50,000 with repayment terms of 12 to 60 months. No collateral is required, and there are no origination fees or prepayment penalties.
MyPersonal Secured Loan — A secured personal loan backed by your RMO savings account or CD as collateral. Because the loan is secured, you may qualify for a lower rate starting at 4.99% APR. Loan amounts up to $100,000 are available depending on collateral value, with terms of 12 to 84 months.
Key Features of Both Loans:
- Fixed monthly payments for predictable budgeting
- No prepayment penalties — pay off your loan early without extra charges
- Funds disbursed directly to your RMO account, typically within 1–2 business days after approval
- Manage your loan entirely through MyRMO, including payments, balance tracking, and payoff estimates
APRs range from 4.99% to 11.99% depending on the product, loan amount, term, and your creditworthiness. To explore your options, log in to MyRMO or schedule an appointment through MyRMO or by calling us.