Loans

Rates are current as of November 1, 2017

All vehicle loans: $5,000 minimum vehicle value

 
New Vehicle Loan
Loan Term Annual Percentage Rate Daily Periodic Rate
24 months 2.99% 0.00819%
36 months 2.99% 0.00819%
48 months 2.99% 0.00819%
New Vehicle Loan
($10,000 minimum loan amount)
Loan Term Annual Percentage Rate Daily Periodic Rate
60 months 3.39% 0.00929%
New Vehicle Loan
($20,000 minimum loan amount)
Loan Term Annual Percentage Rate Daily Periodic Rate
72 months 3.39% 0.00929%
84 months 3.59% 0.00984%
90 months 3.59% 0.00984%
Used Vehicle Loan
Loan Term Annual Percentage Rate Daily Periodic Rate
24 months 3.49% 0.01038%
36 months 3.49% 0.01038%
48 months 3.49% 0.01038%
Used Vehicle Loan
($10,000 minimum loan amount)
Loan Term Annual Percentage Rate Daily Periodic Rate
60 months 3.99% 0.01093%
Used Vehicle Loan
($20,000 minimum loan amount)
Loan Term Annual Percentage Rate Daily Periodic Rate
72 months 3.99% 0.01093%
Used Vehicle Loan
($20,000 minimum loan amount)
Loan Term Annual Percentage Rate Daily Periodic Rate
84 months 3.99% 0.01093%
First Time Car Buyer
(75,000 miles maximum)
Loan Term Annual Percentage Rate Daily Periodic Rate
New or Used up to 60 months; $18,000 max 8.99% 0.02463%
Recreational Vehicle Loan Type I
Motorcycles, ATVs, Boats, Snowmobiles, & Transportation Trailers
Loan Term Annual Percentage Rate Daily Periodic Rate
New up to 60 months 4.39% 0.01203%
Used up to 36 months 4.39% 0.01203%
Recreational Vehicle Loan Type II
Motor Homes, Travel Trailers, Campers, & Fifth Wheel Trailers
Loan Term Annual Percentage Rate Daily Periodic Rate
New up to 120 months 3.79% 0.01038%
Used up to 96 months 3.79% 0.01038%
Signature/Personal Loan
(Up to $7,500 maximum loan amount)
Loan Term Annual Percentage Rate Daily Periodic Rate
Up to 60 months 11.99% 0.03285%
Signature/Personal Line of Credit
(Up to $7,500 maximum loan amount)
Loan Term Annual Percentage Rate Daily Periodic Rate
Up to 60 months 9.99% (6-month intro) 0.02737%
Consolidation Loan
(Up to $7,500 maximum loan amount)
Loan Term Annual Percentage Rate Daily Periodic Rate
Up to 60 months 12.99% 0.03559%
Heating Oil Pre-Payment Purchase
(Up to $1,500 maximum loan amount)
Loan Term Annual Percentage Rate Daily Periodic Rate
Up to 12 months 8.99% 0.02463%
Alternative Heating
(Up to $5,000 maximum loan amount)
Loan Term Annual Percentage Rate Daily Periodic Rate
Up to 36 months (3 years) 8.99% 0.02463%
Certificate Secured
Loan Term Annual Percentage Rate
Up to 60 months (5 years) Annual Percentage Yield plus 3.00%
Share/Secured Loan
Loan Term Annual Percentage Rate Daily Periodic Rate
Up to 120 months (10 years) 3.00% 0.00822%
Student Lending Line of Credit
Loan Term Rate
Please Call Please Call
Home Equity Loan & Home Equity Line of Credit
(Up to 80% Loan-to-Value)
Loan Term Rate
Please Call Please Call
First Mortgage
(Up to 90% Loan-to-Value)
Loan Term Rate
Up to 360 months (30 years) Please Call
10 Year Mortgage
(Up to 80% Loan-to-Value)
Loan Term Rate
Up to 120 months (10 years) 3.89%
Unimproved Land Loan
Loan Term Annual Percentage Rate Daily Periodic Rate
Up to 180 months (15 years) 4.26% 0.01167%


 

   

 

APR: (Annual Percentage Rates). Rates and terms are subject to change without approval or notice. HRCU is federally insured by the National Credit Union Administration. Equal Opportunity Lender.

HELOC:  Rates may vary and adjust semi annually based on the Wall Street Journal Prime Rate (index) plus .50% APR (Margin) for up to 80% LTV. Maximum lifetime interest rate will never exceed 18% APR. Loan to Value (LTV) the available amount to borrow is 80% of appraised value less outstanding balance on first mortgage.

HEL and HELOC: 80% maximum loan to value (LTV). (LTV) calculation is dependent upon the appraised value of your home. Real estate must be first or second lien. 1-4 family owner occupied residential property. Some states charge a mortgage recording tax. Homeowners insurance is required. Flood insurance required for properties designated in flood zones. Consult your tax advisor regarding interest deductibility. Equal Opportunity Lender. Minimum Loan Amount $10,000.

HRCU will finance up to the Manufacturer’s Suggested Retail Price (MSRP) plus tax and tags for a new vehicle. HRCU will finance up to 125% of the value of the vehicle for a used or refinanced vehicle based on NADA, Kelly Blue Book or other authorized guide when determining used vehicle values. Minimum loan amount is $5,000. The interest rate applied may be up to 2.5% higher based on the applicants credit score, debt ratio or vehicle value. HRCU makes all final determinations regarding the vehicle value and applied interest rate. Rates and terms are subject to change without prior approval or notice. See the LOANLINER Credit and Security Agreements available from the credit union. HRCU is federally insured by the National Credit Union Administration. Equal Opportunity Lender. 

 

New Minimum Mobile App Requirements will be effective Monday, December 4th. For more details, click here.