Eligibility requirements:
- Must have savings, CD, or investment account with Fifth Third Bank
- Loan amounts from $2,000 to $500,000 based on the collateral
- Collateral must cover 50% to 100% of the loan amount
- Subject to credit review and bank approval
Fifth Third Secured Loan application steps:
- Confirm you have an eligible account at Fifth Third Bank
- Check your available collateral and run a simulation
- Schedule an appointment or call the number provided on the website
- Submit the required documentation and wait for review
- Once approved, choose your term and receive the funds digitally
Frequently asked questions
How long does it take to get approved for a Fifth Third Bank loan?
Approval can happen quickly after you submit the required documents, especially if you’re already a bank customer.
Is it required to explain why credit is being used?
No. The Fifth Third Secured Loan can be used for any purpose – you don’t have to justify it.
Do I need to have a good credit score to be approved for a Fifth Third Bank loan?
Not necessarily. Since the loan is secured, the credit score requirements are usually more flexible.
Can I apply for a loan if I am self-employed?
Yes. Self-employed individuals can apply as long as they meet the eligibility criteria and provide valid documentation.