Federal Credit Union
Loan Rates Effective December 20, 2024
| Loan Options | Terms | APR* | Min. Loan |
|---|---|---|---|
| Personal (Signature) Loans |
Up to 5 Years |
8.15% |
$500 |
|
New & Used Vehicles |
2-3 Years |
5.45% |
$500 |
|
New & Used Vehicles |
4 Years |
5.65% |
$500 |
|
New & Used Vehicles |
5 Years |
5.74% |
$500 |
| New & Used Vehicles |
6 Years |
6.74% |
$500 |
| Personal Line of Credit |
Revolving |
11.65% Variable |
$500 |
| Share Certificate Secured |
Up to 120 mos |
Secured Savings Rate + 2% |
$500 |
| SpendFlex | Up to 9 mos | 15.00% | $80 |
| Terms | VISA Platinum | VISA Platinum Rewards |
|---|---|---|
| Limit |
$25,000 |
$25,000 |
| Annual Percentage Rate On Purchases |
13.15% Variable |
11.24% Variable |
| Annual Percentage Rate On Balance Transfers |
13.15% Variable |
11.24% 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 |
Cash back rewards are net of returns and exclude cash purchases such as PIN-based purchases and purchases of travelers checks, money orders, etc..
| Mortgage |
Rate |
APR* |
|---|---|---|
| 7/6 Adjustable Rate Mortgage |
5.875% |
6.780% |
| Conventional 10 Year Fixed Rate |
5.312% |
5.918% |
| Conventional 15 Year Fixed Rate |
5.398% |
5.824% |
| Conventional 30 Year Fixed Rate |
6.320% |
6.585% |
| FHA 30 Year Fixed Rate |
5.645% |
6.386% |
NMLS 404966
All stated mortgage rates are effective as of 12/20/2024 and are based on a home rate/term refinance transaction loan amount of $187,500 with a property value of at least $250,000 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. 10-year term = 120 months and applies to 10 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)
- 10-year Draw Period plus 5-year Repayment Period
- Maximum Annual Percentage Rate of 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 |
6.990% |
WSJ Prime -0.510% |
2.990% |
Fixed Rate Second Trust
- Up to 15 year loan term
- Minimum Loan of $10,000
- Maximum Loan of $200,000
- Typical Closing Costs Are Between $800 – $3,200
| Second Trust Term and LTV (Loan to Value) | APR* |
|---|---|
| 15 year term, Up to 90% LTV |
7.580% |
| 7 year term, Up than 90% LTV |
6.080% |
* APR is Annual Percentage Rate. Rates are subject to change and based on creditworthiness. Other rates may apply.
