 |
Current Loan Rates & Terms
Rates Effective July 1st, 2007
LOAN
TYPE |
APR* |
TERM |
|
| NEW AUTO
-
100%
Financing
2006-2008
MODELS
|
5.25%
|
4 YRS
|
|
5.50%
|
5 YRS
|
5.75%
|
6 YRS
|
| |
USED
AUTO -
100%
Financing
2000-2005
MODELS
|
|
|
|
6.25%
|
3 YRS
|
|
6.50%
|
4 YRS
|
|
6.75%
|
5 YRS
|
|
| |
| USED
AUTO
(Max
0
yrs old) |
7.99%
|
3 YRS
|
|
8.99%
|
4 YRS
|
|
| |
| HOME
EQUITY
owner occupied No PMI
100%
CLTV up to
$100,000
|
5.50%
|
5 YRS
|
80% CLV
|
6.50%
|
10 YRS
|
6.50%
|
5 YRS
|
90% CLV
|
7.50%
|
10 YRS
|
7.00%
|
5 YRS
|
100% CLV
|
8.00%
|
10 YRS
|
| |
| CONSOLIDATION
LOAN
Certain Restrictions Apply |
8.99%
|
4 YRS
|
Borrow Up
To
$15,000
|
|
9.99%
|
5 YRS
|
| |
| PERSONAL
LOAN
|
10.50%
|
2 YRS
|
$10,000
Max
|
11.50%
|
3 YRS
|
12.50%
|
4 YRS
|
| |
NEW MOTORCYCLE
2005-2007
MODELS |
6.99%
|
4 YRS
|
100%
LTV |
7.99%
|
5 YRS
|
100%
LTV |
8.99%
|
6 YRS
|
100%
LTV |
| |
USED MOTORCYCLE
(Max
10
yrs old) |
9.99%
|
3 YRS
|
|
10.99%
|
4 YRS
|
|
| |
| NEW BOAT
2005-2007
MODELS |
6.99%
|
4 YRS
|
|
7.99%
|
5 YRS
|
8.99%
|
6 YRS
|
| |
| USED
BOAT
(max
10
yrs old) |
8.99%
|
3 YRS
|
|
9.99%
|
4 YRS
|
| |
MOTOR HOME\RV\TRAILER |
9.99%
|
6 YRS
New |
100%
Financing |
10.99%
|
6 YRS
Used |
|
| |
| MOBILE HOME |
15.00%
|
10 YRS
|
80%
LTV |
| |
| SHARE SECURED |
SH+3%
|
5 YRS
|
|
|
*APR is the Annual Percentage Rate.
The interest rate charged will be based on the borrower’s
credit rating. Vendor single interest insurance premium of $25.00
required on all auto loans.
Rates Subject to Change Without Notice
Rates good for new money, puchase or refinancing from other institution
only. Member may refinance existing GMEFCU loan if loan is in
good standing
and is not in the first twelve or last twelve months of repayment.
A
$150.00
refinance processing fee will be imposed.
|
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