4/1/24
| Description |
Loan-to-Value Maximum
|
Maximum Loan Amount
|
Approximate Term (In Months) | Annual Percentage Rate |
|---|---|---|---|---|
| New Vehicles | Up to 120% |
$75,000
|
84
|
7.00% to 16.00% |
| Used Vehicles ≤ 5 years old |
Up to 120%
|
$75,000
|
84 | 7.75% to 16.00% |
| Used Vehicles > 5 years old |
Up to 120%
|
$40,000
|
60
|
7.75% to 16.00% |
| New & Used Motorcycles |
Up to 100%
|
$30,000 | 60 | 10.50% to 16.00% |
| Visa Standard |
|
$500 to $10,000
|
Revolving
|
15.00% to 16.00% |
| Visa Share Secured |
100% of Share Balance
|
$250 to $2,000 |
Revolving
|
16.00%
|
| Share Secured Loans |
100% of Share Balance
|
|
84
|
4.0% above rate of share collateral |
| Certificate Secured Loans |
100% of Share Balances
|
$500 or more
|
60
|
4.0% above rate of share collateral |
| Fresh Start Loans |
100% of Share Balances
|
$500, $1,000 $1,500 or $2,000 |
6 to 24
|
4.0% above rate of collateral |
| Signature Loans |
|
$50,000
|
48
|
13.25% to 16.00% |
| Signature Loans with Collateral |
Up to 90%
|
$50,000
|
48
|
1`2.25% to 16.00% |
| Overdraft Line-of-Credit |
|
$250 to $5,000
|
Revolving
|
14.25% to 16.00% |
| Home Equity Line-of-Credit |
80% of appraised value minus first mortgage balance
|
$250,000
|
240
|
9.50% to 10.25% |
| Solar Loans |
90% of estimated value minus any mortgage balance
|
$100,000
|
240
|
6.00% to 14.25% |
Rate Discounts
An interest rate reduction of 0.25% to 0.50% can be applied to auto loans, motorcycle loans, signature loans and signature loans with collateral when any one of the following Self-Help FCU “relationship-based” conditions are met:
- Purchase of an EV or PHEV vehicle.
- Loan-to-value (LTV) of less than 90%.
- Combined existence or establishment of direct deposit, share-to-loan transfer and e-statements.
- Existence or establishment of a term certificate or IRA in the amount of $5,000 or more.
- Proof of previous loan in the amount of $1,500 or more paid on time and in full with at least 12 months of payment history and no 30+ day delinquency.
Annual Percentage Rate may vary depending on creditworthiness. Additional rate discounts may apply for lower LTV’s, automatic loan payments, Term Certificates or IRAs and/or previous loans paid in full satisfactory with Self-Help FCU and its Divisions. Individual applicant’s interest rates are determined by credit score, vehicle year and mileage. Please ask a loan officer for details. All rates and terms are subject to change without notice. The maximum amount of unsecured credit that may be extended to a household is $50,000 including credit cards, lines of credit, and any individual or joint signature loan balance.
