Loans

Rates are current as of June 1, 2017

All vehicle loans: $5,000 minimum vehicle value
 

New Vehicle Loan
Loan Term APR* Daily Periodic Rate
24 months 2.99% 0.00819%
36 months 2.99% 0.00819%
48 months 2.99% 0.00819%
New Vehicle Loan

(Must be $10,000 minimum loan amount)
Loan Term APR* Daily Periodic Rate
60 months 2.99% 0.00819%
New Vehicle Loan

(Must be $20,000 minimum loan amount)
Loan Term APR* Daily Periodic Rate
72 months 2.99% 0.00819%
84 months 2.99% 0.00819%
90 months 2.99% 0.00819%
Recreational Vehicle Loan Type 1

Motorcycles, ATV, Boats, Snowmobiles and Transportation Trailers
Loan Term APR* Daily Periodic Rate
New: Up to 60 months 3.99% 0.01093%
Used: Up to 36 months  3.99% 0.01093%
Recreational Vehicle Loan Type 2

Motor Homes, Travel Trailers, Campers and 5th Wheel Trailers
Loan Term APR* Daily Periodic Rate
New: Up to 120 months 3.49% 0.00956%
Used: Up to 96 months  3.49% 0.00956%
Certificate Secured
Loan Term APR*
5 years max Annual Percentage Yield plus 3.00%
Share/Secured Loans
Loan Term APR* Daily Periodic Rate
10 years max 3.00% 0.00822%
Student Lending Line Of Credit
Loan Term Rate
Please Call Please Call
Home Equity Loan & Home Equity Line of Credit

(80% or less LTV)
Loan Term Rate
Please Call Please Call
First Mortgage (90% or less LTV)
Loan Term Rate
90% or less LTV Up to 30 years Please Call
Used Vehicle Loan

(Must be $5,000 minimum loan amount)
Loan Term APR* Daily Periodic Rate
24 months 3.79% 0.01038%
36 months 3.79% 0.01038%
48 months 3.79% 0.01038%
Used Vehicle Loan

(Must be $10,000 minimum loan amount)
Loan Term APR* Daily Periodic Rate
60 months 3.79% 0.01038%
Used Vehicle Loan

(Must be $20,000 minimum loan amount)
Loan Term APR* Daily Periodic Rate
72 months 3.79% 0.01038%
Used Vehicle Loan

(Must be $25,000 minimum loan amount)
Loan Term APR* Daily Periodic Rate
84 months 3.79% 0.01038%
First Time Car Buyer (100,000 mile max)
Loan Term APR* Daily Periodic Rate
New up to 72 months, $24,000 max, $5,000 min 8.99% 0.02463%
Used up to 60 months, $24,000 max, $5,000 min 8.99% 0.02463%
Signature/Personal Loan:

Loan amt up to $7,500 with term up to 60 months
Loan Term APR* Daily Periodic Rate
60 months max 10.99% 0.02463%
Heating Oil Pre-Payment Purchase

Loan amt up to $1,500 with term up to 12 months
Loan Term APR* Daily Periodic Rate
12 months max 8.99% 0.02189%
Alternative Heating Unit

Loan amt up to $5,000 with term up to 36 months
Loan Term APR* Daily Periodic Rate
36 months max 8.99% 0.02189%
Unimproved Land
Loan Term APR* Daily Periodic Rate
15 years max 5.49% 0.01504%
10 Year Mortgage: (80% LTV)
Loan Term APR*
10 years max 2.99% APR

 

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.