LOAN RATES
Effective 6/1/2024
For a New Auto, Boat, or Motorcycle we loan up to 100% of the Window Sticker Value. For Used items we loan up to 100% of NADA Value. Restrictions apply to condition of Auto, Boat or Motorcycle. There is now a $10.00 refundable application fee.
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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 Auto
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up to 48 Months
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4.69%
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up to 60 Months
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4.79%
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|
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up to 84 Months
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5.69%
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|
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Used Auto
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up to 48 Months
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4.99%
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up to 60 Months |
5.09% |
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up to 72 Months |
5.99% |
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| Call for Motorcycle/Boats/ATV/etc. |
* Credit Score must qualify for certain rates.
* Annual Percentage Rate depends on loan amount, term, credit history, and vehicle age and condition. Rates do not apply for current loans at LFCU. Maximum terms available are 84 months. Rates are subject to change without notice. Other terms and conditions may apply on all loans. Max amount loaned $75,000.00. Limited time only. Other restrictions may apply.
Secured and Unsecured Loans
| Loan Type:* | % APR As Low As*: | Maximum Month Term for Lowest APR**: | Maximum $ Amount* |
| Share Secured Loan |
1.70%* over Current Rate |
36 Mo. |
100% of Shares |
| Share Certificate Secured |
2.60%* over Current Rate |
60 Mo. |
100% of Shares |
| Home Equity Line of Credit |
Prime rate plus .50%* |
180 Mo. |
$ 250,000.00 |
| Second Mortgage (Fixed) |
6.64%* |
60 Mo. |
$ 250,000.00 |
| Signature Loan |
8.49%* |
48 Mo. |
$ 10,000.00 |
| Vacation Loan |
9.99%* |
12 Mo. |
$ 2,000.00 |
| Holiday Loan |
9.99%* |
12 Mo. |
$ 2,000.00 |
| Quick Cash Loan |
24.00%* |
6 Mo. |
$600.00 |
Real Estate Loan Application Here
*All loan rates except Home Equity Line of Credit are a fixed rate. Your rate, loan amount, and term may differ than above charts lowest APR and MAX dollar amount loaned based on your credit performance, credit history, and other certain requirements for each type of loan.*Quick Cash has a $20.00 Application fee for first time, $10.00 subsequent, amounts and time vary depending on Credit Worthiness. *APR= Annual Percentage Rate.
*The maximum Annual Percentage Rate on Home Equity Line of Credit is 12%. Estimated mortgage fees from $400 to $800 (if applicable). Must meet credit requirements. Rates are subject to change without notice. HELOC Annual Percentage Rate is an adjustable rate subject to change on April 1st and October 1st, yearly. Actual rate based on credit score. Interest cannot increase more than 2% per calendar year. Ceiling 12% APR / Floor 3.75% APR. First advance minimum of $10,000 — maximum $250,000.00. Amounts Based on 80% loan to value. Primary Resident Only. Appraisal fee applies. Rate for new loans as low as Prime Rate plus .50%. Your rate would then be adjusted every April and October for the life of the loan.
SHARE CERTIFICATES RATES*
As of October 1, 2024
*APY= Annual Percentage Yield. Minimum deposit: $1,000. Interest compounded & paid quarterly. Transfer any amount $1,000 or over from your Shares to a CD. Rates Subject to change without notice. Federally Insured by NCUA
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Term
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APY*
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6 Months
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5.00%
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9 Months
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4.25%
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1 Year
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3.25%
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2 Year
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3.00%
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27 Months
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3.10%
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3 Year
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3.20%
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4 Year
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3.30%
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5 Year
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3.40%
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