|
|
Loan RatesRates are
in effect as of March 26, 2008, and are subject to change.
Call our 24-hour Rate Line at 800-797-8786 or
any SLCU office for current rates or additional information.
| |
Annual Percentage
Rate* |
| Unsecured (24-60 Months) |
as low as 10.75% |
| VISA Credit Card |
as low as 8.90% |
| Line of Credit Loan |
16.00% |
| Revolving Line of Credit Loan |
16.00% |
| Share Secured
Loans |
Up to 24 Months |
3.50% |
| Up to 36 Months |
5.00% |
| Up to 60 Months |
6.00% |
| CD Secured Loans |
Up to 36 Months |
2.00% over CD Rate |
|
"Purchase Money" means the
proceeds of the loan
are used for the collateral. Use purchase money for
cars, trucks, motorcycles, recreational vehicles and computers. |
Purchase Money
Secured Loans
|
24 Months |
as low as 5.15% |
|
36 Months |
as low as 5.50% |
| 48 Months |
as low as 5.75% |
|
60 Months |
as low as 6.75% |
| 72 Months |
as low as 7.00% |
|
84 Months |
as low as 9.25% |
| 120 Months |
as low as 10.25% |
|
"Non-Purchase Money" means the
proceeds of the loan are
NOT used as collateral, such as Home Improvement Loans. |
Non-Purchase Money
Secured Loans
|
24 Months |
as low as 6.40% |
|
36 Months |
as low as 6.75% |
| 48 Months |
as low as 8.00% |
|
60 Months |
as low as 9.00% |
| 72 Months |
as low as 9.40% |
|
84 Months |
as low as 10.50% |
| 120 Months |
as low as 11.50% |
|
|
*Rates quoted "as low as" are based on applicant's credit
score. Quoted Rate includes automatic payment transfer discount of .25%,
and (if a Purchase Money loan) a .25% Discount for 10% Down Payment of
Purchase Price. (Share Secured and CD Secured Loans Do Not Qualify For Any
Discounts.) Maximum loan amount cannot exceed NADA loan value. Line of Credit Advances are made in
$300 increments. Prime rate is 5.25% as reported in the Wall Street
Journal.
Maximum term limits:
- 72 months on current year and next year models with less than 12,000 miles
- 60 months on used vehicles 3 years old and less
- 48 months on used vehicles 5 years old and less
- 42 months on used vehicles 7 years old and less
- 120
months on boats
- 120 months on recreational vehicles
- 120 months on motor homes
- 120
months on home improvement
- 180
months on home equity/lot loans
- 36 months on certificate secured
- 60 months on share secured
- 60 months on fixed rate unsecured
|
Real Estate
and Home Equity Loans
|
| |
Annual Percentage
Rate |
Fixed Rate Home Equity Loans
Up to 60 Months
61-120 Months
121-180 Months |
as low as 5.75%
as low as 5.75%
as low as 5.75% |
- Minimum new money $5,000.
- Refinancing available on SLCU Home Equity funds
with an additional $5000 of new money.
- LTV ranges from 60% to 80% based on earned rate.
- Fixed Rate Home Equity Floor = 5.75% APR
|
Variable Rate Home Equity Loans
Up to 180 Months |
as low as 5.00% |
- LTV ranges from 60% to 80% based on earned rate.
- Rate includes .25% discount for automatic payment.
-
Rates may change semi-annually on January 1 & July 1; 5 year draw period,
Minimum initial draw - $3000; subsequent draws - $1000 or
available credit whichever is less.
-
HELOC Floor - 3.50% APR; Maximum 18.00% APR
Maximum - $200,000; minimum $5,000.
|
Contact a loan officer for current
rates and programs.
For more information about Mortgage, Title, and Realty
Services, contact CU
Companies, your credit-union owned
mortgage, title and realty company. |
|
