In addition to a complete array of financial products and services, there are some special added benefits for you and your family.
At Wave you have a choice as to how you want to pay your loan or mortgage. And it can result in great savings over the lifetime of the loan. Many institutions make you pay the old-fashioned way…monthly. Or they’ll charge you a fee to pay more frequently. Not here. You can set up a weekly, bi-weekly* or monthly payment plan on most consumer loans and mortgages. And you can change it at any time…without penalty.
As to the savings, here is an example of a mortgage. As you’ll see, the math…and the benefits...speak for themselves.
|Product Example: $150,000 mortgage written on January 1, 2020
|Monthly Payment:||$716.12||Maturity Date:||January 1, 2050|
|Weekly Payment:||$179.03||Maturity Date:||January 1, 2046|
|Interest savings from weekly payment: $17,534.02
Bi-Weekly* payment options are also available
When applying for your Wave loan, ask us to run the numbers for you. Then you decide how you want to arrange repayment.
Mechanical repair (Warranty) coverage is offered at a lower cost than you’d find at a dealership. And it is available to members even if they are not financing their car with Wave or if they have a car which is already fully owned but for which they’d like to purchase a policy.
Auto Gap (Guaranteed Asset Protection) Insurance Is available for autos, vans and light trucks, motorcycles, RVs and more, Gap insurance covers a loan deficiency due to the total loss of a motor vehicle. It’s available for a one-time cost as low as $299.00...considerably less than charged at a dealership…and must be purchased within the first 60-days of acquiring the vehicle loan.
Need insurance? Liberty Mutual offers a complete selection of home and business insurance.
Call (800) 290-7933 to get a quote. Wave members receive a discount.
* Applies if the mortgage in question is your first and only mortgage.
Address: 480 Greenwich Ave, Warwick, RI 02886
Phone: (401) 781-1020
Fax: (401) 562-1290
Address: 1217 Warwick Ave, Warwick, RI 02888
Phone: (401) 463-9574
Fax: (401) 563-7050
Lost/ Stolen Cards
Wave Visa Platinum Card
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