Federal Credit Union
Loan Rates Effective July 1, 20197
|
Loan Options |
Terms |
APR* |
Min. Loan |
|
Personal (Signature) Loans |
Up to 4 Years |
6.15% |
$500 |
|
New & Used Vehicles |
2-6 Years |
3.49%** |
$500 |
|
Overdraft Protection Line of Credit |
Revolving |
15.00% |
$500 |
|
Share Certificate Secured |
Up to 120 mos |
Secured Savings Rate + 2% |
$500 |
Rates are subject to change and based on a review of credit history. Other rates may apply.
* APR is Annual Percentage Rate.
** Higher rates apply for terms over 5 years. Vehicle age limits apply.
VISA Credit Card Loan Rates
|
VISA Platinum |
VISA Platinum Rewards |
|
|
Limit |
$25,000 |
$25,000 |
|
Annual Percentage Rate On Purchase |
11.15% Variable |
9.24% Variable |
|
Minimum Payment |
3% of Balance or $25 |
3% of Balance or $25 |
|
Grace Period for Repayment Of Balance of Purchase |
25 days |
25 days |
|
Method of Computing the Balance of Purchases |
Average Daily Balance including current transaction |
Average Daily Balance including current transaction |
|
Annual Fee |
No Annual Fee |
No Annual Fee |
|
Late Fee (10 days after Due Date) |
$25 |
$25 |
|
Balance Transfer Fee |
No Balance Transfer Fee |
No Balance Transfer Fee |
|
Cash Advance Fee |
3% |
|
|
Rewards |
1.5% Cash Back |
Mortgage Rates
|
|
RATE |
APR* |
|
7/1 Adjustable Rate Mortgage |
3.500% |
4.429% |
|
Conventional 10 Year Fixed Rate |
3.25% |
3.46% |
|
Conventional 15 Year Fixed Rate |
3.250% |
3.399% |
|
Conventional 30 Year Fixed Rate |
3.875% |
3.960% |
|
FHA 30 Year Fixed Rate |
3.250% |
4.036% |
*APR= Annual Percentage Rate
*All stated rates are effective as of 07/17/19 and are based on a home purchase transaction of $250,000, a minimum down payment of $50,000, a loan amount of $200,000 and repayments term as stated. The stated APR is the lender’s standard rate for a borrower with a 750 credit score. The actual rate may vary depending upon each individual’s credit history and transaction specific underwriting factors. 30-year term = 360 months and applies to 30 year conventional and FHA loans. 15-year term = 180 months and applies to 15 year conventional loans. All loan programs, rates, terms and conditions are subject to change at any time without notice. Rate scenarios are based on a 30-day lock.
Home Equity Lines Of Credit (HELOC)
- Up to 15 year loan term with a 5 year draw period
- The highest Annual Percentage Rate (APR) Could Be 18.00%
- Minimum Loan of $10,000
- Maximum Loan of $200,000
- Typical Closing Costs Are Between $800 - $3,200
|
LOAN TO VALUE |
CURRENT RATE |
MARGIN |
FLOOR |
|
Less than 90% LTV |
4.99% |
WSJ Prime -0.51 |
2.99% |
Fixed Rate Second Trust Loans
- Up to 15 year loan term
- Minimum Loan of $10,000
- Maximum Loan of $100,000
- Typical Closing Costs Are Between $800 – $2,000.
|
Second Trust Term and LTV (Loan to Value) |
APR* |
|
15 year term, Up to 90% LTV |
5.990% |
| 7 year term, Up than 90% LTV |
3.625% |
* Annual Percentage Rate
