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Rates and Fees
Truth in Savings Disclosure and Schedule of Fees and Charges ---Click to read disclosure
LOAN RATES Effective 08/22/2011
For a New Auto, Boat, or Motorcycle we loan up to 100% of the Window Sticker Vaule. For Used we loan up to 100% of Nada Value. Restrictions apply to condition of Auto, Boat or Motorcycle.
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Loan Type
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Terms
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APR%* Rates as low as:
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| New, Used Auto |
24 Months
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1.99%
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36 Months
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2.99%
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48 Months
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2.99%
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60 Months
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2.99%
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72 Months
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3.99%
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| Motorcycles & Boats |
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24 Months
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2.99%
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36 Months
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3.99%
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48 Months
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3.99%
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60 Months
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3.99%
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Get $100 Cash Bonus if you bring a New Auto, Boat or Motorcycle loan over $10,000 OR Get $100 for a refinance on your current car if the loan is over $8,000!
* Credit Score must qualify for certain rates. Condition and year of vehicle must also meet requirements. Rates do not apply for current loans at LFCU. Rates are subject to change without notice. Effective date as of 8/22/2011, available for a limited time. Other terms and conditions may apply. New or Used Car Purchase must be minimum $10,000 or Refinance Loan must be minimum $8000 to receive the $100 Cash Bonus.
LOAN TYPE % APR** Maximum
As Low As Terms*** Loan
Share Secured Loans 3.99% 120 months 100% of Share
Share Certificate Secured 1.50% over APY of CD Term of Certificate 100% of S.C
Home Equity Line of Credit 3.99% Up to180Months 80% L-V (less than 1st mtg)
Second Mortgage (Fixed) 3.99% Up to 60months 80%(appraised value less 1st mtg)
Home Improvement Loan 6.25% 120 months 100% (L-V value less other mtgs)
Signature Loan 8.99% 48 months $10,000.00
Vacation Loan 15.00% 12 months $ 1,500.00
Holiday Loan (Christmas) 15.00% 12 months $ 1,500.00
Quick Cash Loan 24%-15% Up to 6 months up to $600
*$20.00 Application fee for first time, $10.00 subsequent, amounts and time vary depending on Credit Worthiness.
**APR= Annual Percentage Rate.
***All loan rates except Home Equity Line of Credit are fixed rate. Your rate and loan amount may higher based on your credit performance, credit history, loan term vehicle age and vehicle condition. Maximum terms avaliable are 72 months. The maximum annual percentage rate on Home Equity Line of Credit is 12%. Estimated mortgage fees from $350 to $500 (if applicable). Must meet credit requirements. Rates are subject to change without notice. HELOC of 3.99% Annual Percentage Rate is adjustable and of current prime rate 3.25% plus +.74%APR. Rates subject to change on April 1st and October 1st. Actual rate based on credit score. Interest cannot increase more than 2% per calendar year. Ceiling 12% APR/Floor 3.99%APR. First advance minimum of $10,000—Maximum 125,000.00. Amounts Based on 80% Loan to Value. Primary Resident Only. Appraisal fee applies
SHARE CERTIFICATES RATES*:
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Term
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APY*
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6 Months
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.50%
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1 Year
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.65%
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2 Year
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1.00%
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3 Year
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1.25%
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4 Year
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1.45%
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*Minimum deposit: $1,000. Interest compounded monthly & paid quarterly. Transfer any amount $1,000 or over from your Shares to a CD. Subject to change without notice. Insured by NCUA up to $250,000. APY = Annual Percentage Yield
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