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Loan Rates

Rates 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%
Check out our Student Loans, too!

*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. 

 

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