Loan Rates

Effective September 25, 2019

Rates are subject to change without notice. Certain restrictions and conditions may apply.

(1) APR is Annual Percentage Rate. Rates effective as of 09/25/2019. Actual rate may vary as it is determined by an evaluation of credit, amount, term and other factors. Term is determined by loan amount and/ or credit evaluation. All loans are subject to credit approval. 

(2) APR is based on the Prime Rate published in the Wall Street Journal plus or minus a margin and based on evaluation of credit. Your actual APR will be disclosed at the time of credit approval. Not all applicants will qualify for the lowest rate. Prime Rate is 5.00% as of the effective date indicated above. 

(3) All mortgage requests that are in first position must have an escrow account in order for the remittance of taxes and insurance. Property must be located in any U.S. state or the District of Columbia, excluding Hawaii, New York or Texas.

(4) The Credit Union currently waives the closing costs at loan origination, which is a conditional benefit being provided to you. The collection and recovery of these conditionally waived costs would only occur upon closure of the loan within 2 years of the origination. Minimum loan amount is $10,000. Maximum loan amount for 80% LTV is  $250,000. Maximum loan amount for 90% LTV is $150,000. Current AgFed Home Equity loans/ lines of credit being refinanced require a new minimum advance of $10,000. Collateral used in a Home Equity loan/ lines of credit must be occupied as the primary residence of the applicants. Not all properties will qualify as collateral. 

(5) Qualification for a VISA® Classic/Platinum is based on a credit evaluation and other factors. Cardholder agreement will be provided when approved.

(6) Secured VISA® Classic - the funds in this account will be pledged to secure your line of credit and cannot be withdrawn, unless your VISA® card is closed and paid in full.

(7) APR is Annual Percentage Rate. Funds pledged as collateral for these products cannot be withdrawn unless the loan is paid in full.  Certificate loans cannot extend beyond the maturity date of the Certificate pledged. *This excludes the lowest tier rate of 0%.

** New vehicles are the two (2) latest model years, currently 2018 and 2019. Used vehicles are currently 2013 model year to 2017 for terms up 72 months and 2015 model year to 2017 for terms up to 84 months. All advertised auto loan rates reflect financing at 100% LTV. Financing is available up to 125% with a margin added for LTV between 100% and 125%. The added margin will not exceed 2%. Minimum loan amount for 72 month term is $30,001.00. Minimum loan amount for a 84 month term is $40,001.00.
*** Older used vehicles are the 3 oldest model years, currently 2010 to 2012. Financing is limited to $50,000.00 and loan terms cannot exceed 60 months.