Federal Credit Union 
Loan Rates Effective December 11, 2019
| Loan Options | Terms | APR* | Min. Loan |
|---|---|---|---|
| Personal (Signature) Loans |
Up to 5 Years |
6.15% |
$500 |
| New & Used Vehicles |
2-6 Years |
2.99%** |
$500 |
| Personal Line of Credit |
Revolving |
8.90% Variable |
$500 |
| Share Certificate Secured |
Up to 120 mos |
Secured Savings Rate + 2% |
$500 |
** Higher rates apply terms over 5 years. age limits apply.
| Terms | VISA Platinum | VISA Platinum Rewards |
|---|---|---|
| Limit |
$25,000 |
$25,000 |
| Annual Percentage Rate On |
10.40% Variable |
8.49% Variable |
| Minimum Payment |
3% of Balance or $25 |
3% of Balance or $25 |
| Grace Period for Repayment Balance of Purchase |
25 days |
25 days |
| Method of Computing the of Purchases |
Average Daily Balance including transaction |
Average Daily Balance including transaction |
| Annual Fee |
No Annual Fee |
No Annual Fee |
| Late Fee (10 days 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 |
Rate |
APR* |
|---|---|---|
| 7/1 Adjustable Rate Mortgage |
3.875% |
4.804% |
| Conventional 10 Year Fixed |
3.625% |
3.836% |
| Conventional 15 Year Fixed |
3.625% |
3.774% |
| Conventional 30 Year Fixed |
3.875% |
3.960% |
| FHA 30 Year Fixed |
3.125% |
3.911% |
NMLS 404966
All stated mortgage rates effective as of 12/11/19 are based on a purchase transaction of $250,000, _ minimum down payment of $50,000, a loan amount of $200,000 and repayments term as .&; The stated APR is lender’s standard rate for _ borrower with a 750 score. The actual rate vary depending upon each ’_ credit history and transaction underwriting factors. 30-year term = 360 months and applies 30 year conventional and loans. 15-year term = 180 months and applies to 15 year conventional loans. 10-year = 120 months and to 10 year conventional .&; All loan programs, rates, and conditions are subject change at any time notice. Rate scenarios are on a 30-day lock.
Home Equity Lines Of (HELOC)
- 10-year Draw Period plus 5- Repayment Period
- Maximum Annual Percentage Rate of 18.00%
- Minimum Loan of $10,000
- Maximum Loan of $200,000
- Typical Closing Costs Are $800 - $3,200
| Loan to Value | Current Rate | Margin | Floor |
|---|---|---|---|
| Less than 90% LTV |
4.240% |
WSJ Prime -0.510% |
2.990% |
Fixed Rate Second Trust
- Up to 15 year term
- Minimum Loan of $10,000
- Maximum Loan of $200,000
- Typical Closing Costs Are $800 – $3,200
| Second Trust Term and LTV (Loan Value) | APR* |
|---|---|
| 15 year term, Up to 90% |
5.490% |
| 7 year term, Up than 90% LTV |
3.875% |
* APR is Annual Rate. Rates are subject change and based on ________________. Other rates may apply.
