Extended terms and rates available on loans over $20,000.00
Used Auto With
30,001 - 60,000 Miles
OR Motorcycles With Less
Than 40,000 Miles
5.95%
6.25%
Up to 80%
Up to 100%
Up to 60
Months
Used Auto With
60,001 - 90,000 Miles
6.25%
6.75
%
Up to 80%
Up to 100%
Up to 48
Months
Used Auto With
90,000 or More Miles BUT
Not Older Than a 1993
7.75%
8.75
%
Up to 80%
Up to 100%
Up to 36
Months
Autos older than 1993 will be based on unsecured rates and terms
Effective February 12, 2008
On purchase loans we can offer no payments for 90 days. (Interest will still accrue during 90 days of non-payment)
We may match or beat other financial institution financing up to 1.5% on approval of credit.
Internal refinancing subject to a fee - refer to the current fee schedule.
Motorcycles - Street Bikes with 750cc or greater are eligible for auto loan rates/terms as noted.
Secured Consumer Loans:
Type of Loan
Discounted APR
LTV
Terms
Comments
Boats and Recreational
Vehicles 2005 or Newer
5.95%
7.25%
Up to 100%
Up to 100%
Up to 60
Months
Up to 120
Months
Boats and Recreational
Vehicles 2001 - 2004
7.75%
8.50%
Up to 80%
Up to 100%
Up to 120
Months
Boats and Recreational
Vehicles 1993 - 2000
8.75%
9.25%
Up to 80%
Up to 100%
Up to 48
Months
Effective February 12, 2008
The term for Boat/RV is based on $ amount of loan and life expectancy of collateral.
Boats over 25 feet require 20% down payment.
All boats must be titled or have coast guard documentation.
All determination of value is required on all used boat loans over $10,000.00
Unsecured Consumer Loans:
Type of Loan
Discounted APR
LTV
Terms
Comments
Unsecured Signature
9.75%
11.25%
12.75%
N/A
Up to 24
Months
Up to 48
Months
Up to 60
Months
Line of Credit
12.00%
N/A
Payments 3% of balance with a minimum payment of $25 monthly
Limits up to $10,000. No advance fees. Not subject to credit score pricing.
Effective February 12, 2008
All Rates listed above are Discounted rates for SAPPHIRE relationship status:Sapphire status is 4-6 of the following ACTIVE services: Checking, Direct Deposit, Visa Debit card, Bill Payer, e-statements, Certificate, IRA Account, Visa Credit Card, Consumer loan, 1st Mortgage, Safe Deposit Box, Vacation/Holiday Club account, Member logevity (for every 10 yrs = 1 service). Emerald status which is seven(7) or more of the listed services DECREASES rate listed by .50%! Topaz relationship which is 3 or less services ADD .50% to rate listed.
Other Consumer Loans:
Type of Loan
APR
LTV
Terms
Comments
Share Secured
Prime share (savings rate) plus 3%
Up to 100% of shares
Up to 96
Months
Not subject to credit score pricing.
Certificate Secured
Certificate rate plus 3%
Up to 100% of Certificate
Up to remaining term of Certificate
Not subject to credit score pricing.
Overdraft Protection
18.00%
N/A
Payments 3% of balance with a $25 minimum payment.
$5 transaction fee. Maximum limit $300.
Not subject to credit score pricing
Effective February 12, 2008
ALL Consumer loans have a $10 processing fee on approved funded loans plus any title transfer or lien perfection fees.
All Consumer loans have a minimum payment of $25 per month.
Value is the purchase price, sales tax, license and warranty; or NADA guide high retail value, whichever is less. LTV=Loan to value.
Visa Credit Card Programs:
Type of Loan
Discounted APR
LTV
Terms
Comments
Visa Platinum
9.99%
With a daily periodic rate of 0.8325.
Payment based on 3% of balance - no less than $25
No annual fee. 25 day grace period on purchase transactions. No grace on cash advances.
Minimum limit $5,000. Maximum Limit $10,000.
Visa Gold
10.99%
With a daily periodic rate of 0.9158.
Payment based on 3% of balance - no less than $25
No annual fee. 25 day grace period on purchase transactions. No grace on cash advances.
Minimum limit $3,000. Maximum Limit $10,000.
Visa Classic
11.99%
With a daily periodic rate of 0.9992.
Payment based on 3% of balance - no less than $25
No annual fee. 25 day grace period on purchase transactions. No grace on cash advances.
Minimum limit $500.00 Maximum Limit $10,000.
Smart Start Visa
16.0%
With a daily periodic rate of 1.3334.
Payment based on 3% of balance - no less than $25
No annual fee. No grace on purchases or cash advances.
Minimum limit $300. Maximum Limit $10,000.
Effective February 12, 2008
All Visa programs NOT subject to credit score pricing but score and other factors do determine program eligibility.
All Visa programs are subject to the fee for foreign transactions: 1% of U.S. dollar transaction amount.
All Visa programs are subject to a $20 fee for over limit and/or late payment fees.
All Visa Programs Interest computation is the periodic rate multiplied by the separate average daily balances for purchases and cash advances.
Real Estate Loans:
Type of Loan
Discounted APR
LTV
Terms
Comments
Bare Land
7.99%
Up to 75%
Up to 120 months
1% discount loan fee plus all third party fees. Loan has a 7 year call.
Mobile Home WITH land
1st mortgage rate PLUS 2%
Up to 80%
Up to 240 months
1% discount loan fee plus all third party fees. Loan has a 7 year call.
Mobile Home WITHOUT land
9.49%
Up to 80%
Up to 240 months
1% fee. Mobile must be double wide 2002 or newer. 7 year call.
$1 - $10,000 amortized for 60 months.
$10, 001 - $25,000 amortized for 120 months.
$25,000+ amortized for 180 months.
Minimum payment $100.
Variable rate based on 11th district cost of funds index. Rate adjusts January and July each year. Floor rate 5% APR ceiling rate 15% APR. Not subject to credit score pricing.
2nd Mortgage
7.99%
6.99%
8.99%
Up to 80%
Up to 80%
Up to 90%
Up to 180 months
Up to 180 months
Up to 180 months
No fees.
$500 flat fee.
No fee.
Equity in a 2nd
(short term 2nd mortgage)
5.45%
5.75%
6.25%
6.75%
Up to 90%
Up to 90%
Up to 90%
Up to 90%
Up to 36 months
Up to 48 months
Up to 60 months
Up to 72 months
Minimum loan $5,000.
$200 flat fee to be paid at time of application. Loans over $50,000 require appraisal.
Effective February 12, 2008
CLTV = Combined Loan to value.
2nd mortgage amounts over $50,000 are subject to all 3rd party fees.
All Real Estate loan programs available on primary or vacation residence in Washington.
All Real Estate loans require an application deposit of $200 - $500. When loan is funded the deposit will be refunded OR applied toward your closing fees for the loan. If loan is cancelled prior to closing this deposit will go toward 3rd party fee already expensed by the Credit Union.
All fees are subject to change.
Title insurance and Escrow closing fees are estimate ranges. Actual fee are determined by the loan amount.
Appraiser fees are subject to change, based on current appraiser fees.
Some Real Estate loans, where noted, have a seven year call option. Please click the link to review the definition of this call option.
Fore other 1st mortgage programs to better meet your needs, such as 15, 20, or 30 year fixed rate programs, we have partnered with ONE Washington (Click for details).
The Equity in a 2nd: If an appraisal is required the cost of $150 - $450 will be paid for by the borrower at the time of application and may extend the processing time of the loan request. Sample transaction: On a $50,000 loan at 6.75% APR your would make 72 monthly payments of $844.53.
**Rate are for Fair Isaac Credit Scores of 700+** Unless otherwise stated, scores are priced as follows:
675 - 699 (B) Rate sheet plus 0.50%
625 - 674 (C) Rate sheet plus 1.50%
575 - 624 (D) Rate sheet plus 2.50%
011 - 574 (E) Rate sheet plus 3.50% Other Additional Rate Pricing May Apply
ALL RATES AND TERMS SUBJECT TO CHANGE DAILY
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