Loan Rates

Auto Loans (New & Used) | Home Equity Loans | Mortgage Loans | Personal Line of Credit | Boat, RV, Camper & Motorcycle Loans | Share Secured Loans | Personal Loan | Quick Cash Loan | Credit Builder Loan | Visa Credit Cards

Auto Loans

Loan Sub-account Description

Approximate Term

APR As Low As

New Autos and Trucks* 36 mos. 1.99%
48 - 60 mos. 1.99%
72 mos. 1.99%
84 mos. 3.99%
Used Autos and Trucks* 36 mos. 1.99%
48 - 60 mos. 1.99%
72 mos. 1.99%
84 mos. 3.99%
 

* APR=Annual Percentage Rate. Rate shown reflects a 0.25% discount for automatic loan repayment from a Securityplus FCU account. Rates are based on each applicant's credit history; your rate could be higher.

Home Equity Loans

Description

Approximate Term

Member Pays Closing Cost¹

SFCU Pays Closing Cost²

Home Equity Fixed Rate Loan Loan-To-Value 85% 5 years 4.50% 6.00%
10 years 6.00%
7.00%
15 years 6.50% 7.25%
 

¹ Minimum loan amount is $10,000; ² Minimum loan amount is $25,000

Home Equity Lines of Credit

Description

Approximate Term

Present APR

Home Equity Line of Credit Loan-To-Value up to 80%
Up to 180 mos.
Prime* + 0.00%
Home Equity Line of Credit Loan-To-Value 81% to 90%
Up to 180 mos.
Prime* + 1.00%
Home Equity Line of Credit Loan-To-Value 91% to 100%
Up to 180 mos.
Prime* + 2.00%
 


*This is a variable rate loan and the annual percentage rate may change monthly. Prime rate effective 4/1/14 is 3.25% as published in the Wall Street Journal. The rate floor for all home equity lines of credit is
3.25 % APR. Minimum loan amount is $500.

 

Mortgage Loans

For current mortgage rates, please contact the Mortgage Lending Department at mortgages@securityplusfcu.org or 410-281-6236.

Rate lock available at application. All loans above 80% LTV require private mortgage insurance.

Personal Line of Credit

Description

APR As Low As

Personal Line of Credit

Prime + 7.00%

 

Prime rate effective 4/1/14 is 3.25% as published in the Wall Street Journal. The rate floor for this product is 5.00% APR.


Recreational Vehicle Loans

The annual percentage rates (APR) are as low as the rates disclosed below depending upon your application and credit history. Your rate may be higher.

Loan Sub-account Description

Approximate Term

APR As Low As

New and Used Boats, RV's & Campers
Up to 60 mos.
8.95%
61 - 120 mos.
9.95%
New and Used Motorcycles*
Up to 48 mos.
8.25%
49 - 60 mos.
8.75%
 

* The loan rates noted above reflect a 0.25% discount for automatic loan repayment. Used cars, trucks and motorcycles are subject to a term limit of 60 months.

Share Secured Loan

Description

APR As Low As

Share Secured Loan
3.00% above index **
 

** The annual percentage rate for a Share Secured advance will be 3.00% above the dividend rate paid on the shares. The APR on existing balances will change on the first day of each month to reflect any changes in the rate being paid on dividends. Any increase will result in additional payments of the same amount. The rate floor for share secured loans is 4.00% APR.


Personal Loan

Description

Approximate Term

APR As Low As

Personal Loan
Up to 60 mos.
11.75%*
 


Quick Cash Loan

Description

Term

APR

Quick Cash Loan - $500 or $1,000* loan amount
6 mos.
28.00%
 
*You must have successfully paid off a $500 Quick Cash Loan to be eligible to receive a Quick Cash Loan for $1,000.


Credit Builder Loan

Description

APR As Low As

Credit Builder Loan
3.00% above index **
 

**The annual percentage rate for a Credit Builder Loan is 3.00% above the dividend rate paid on the Share Savings account; dividend rate effective 4/1/14 is 0.10%. The rate floor is 3.00%. The APR on existing balances will change on the first day of each month to reflect any changes in the rate being paid on dividends. Any increase will result in additional payments of the same amount. **The funds will be visible on your account statement, but you will not be able to access the funds until the loan is paid in full.


Visa Credit Cards

Description

APR As Low As

Visa Platinum Rewards Credit Card Prime + 6.75%**
VISA Platinum Rebate Credit Card
Prime + 5.75%**
VISA Student Credit Card & Share Secured VISA
Prime + 5.00%**



The VISA rates adjust quarterly, on the first day of January, April, July and October. The rate applied on those dates is based upon the Prime rate in effect on the 20th of the month prior, and remains in effect until the next change date. For example, Prime rate effective 3/20/14 was 3.25% as published in the Wall Street Journal.