Loan Rates
Rates are effective as of:
Friday, May 16, 2008
Rates are subject to change at any time.
All rates include a .25% discount for Auto Pay from an SSSCU Account WITH Direct Deposit. In the event the member discontinues Direct Deposit or Auto Pay, there will be a $3.00 per month fee for each month remaining on the loan.
Autos/Motorcycles/Boats & RVs
| Loan Amount | Terms | Rate Range (APR) |
|---|---|---|
| $18,000 or Greater Financed (Max $200,000) | ||
| Up to 24 mo. | 4.74 % - 12.29 % | |
| 25 to 53 mo. | 5.04 % - 13.79 % | |
| 54 to 66 mo. | 5.14 % - 15.29 % | |
| 67 to 77 mo. | 5.64 % - 13.29 % | |
| 78 to 84 mo. | 5.94 % - 11.49 % | |
| $8,001 to $17,999 | ||
| Up to 24 mo. | 5.04 % - 12.49 % | |
| 25 to 53 mo. | 5.34 % - 13.99 % | |
| 54 to 66 mo. | 5.64 % - 15.49 % | |
| 67 to 77 mo. | 6.14 % - 12.49 % | |
| Up to $8,000 | ||
| Up to 24 mo. | 6.25 % - 16.49 % | |
| 25 to 53 mo. | 6.75 % - 17.99 % | |
|
Any financing amount over 115% will be blended with the appropriate unsecured rate to arrive at the final rate. NOTE: RVs and Boats over $50,000 are the same as the 72 mo. rates and are amortized up to 15 years with a 5 year balloon. RVs and Boats over $100,000 are the same as the 84 mo. rates and are amortized up to 20 years with a 5 year balloon. |
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| Proof of Insurance | ||
| If you have received a written request to furnish proof of insurance for your vehicle/recreational loan, please click here to submit this information online, or call our toll free number at 866-280-0666. | ||
Visa Credit Card
An SSSCU VISA Platinum Maximum Rewards(SM) or BuckBack(SM) VISA® credit card is offered through our credit card provider, InfiBank, N.A. For rate information, please refer to the Summary of Credit Terms provided on the online application. For current rate information, and details on how to apply, call toll-free 1-877-875-8078.
Home Equity
| Loan Amount | Terms | Rate Range (APR) |
|---|---|---|
| Home Equity Line of Credit | ||
| 80% CLTV (Max $500,000) | See Note* | 4.25 % - 8.75 % |
| 90% CLTV (Max $100,000) | See Note* | 5.25 % - 9.75 % |
| 100% CLTV (Max $50,000) | See Note* | 6.25 % - 11.25 % |
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NOTE*: HELOC loans have a 5-year draw then a 15 year amortization with a 4% floor and an 18% cap. |
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| Fixed Home Equity Loan (up to 5 years) | ||
| Up to 80% CLTV (Max $500,000) | Up to 60 mo. | 4.99 % - 9.00 % |
| 80.01% - 90% CLTV (Max $100,000) | Up to 60 mo. | 5.75 % - 10.00 % |
| 90.01% - 100% CLTV (Max $50,000) | Up to 60 mo. | 6.50 % - 12.00 % |
| Fixed Home Equity Loan (6 - 12 years) | ||
| Up to 80% CLTV (Max $500,000) | 61 to 144 mo. | 5.29 % - 10.00 % |
| 80.01% - 90% CLTV (Max $100,000) | 61 to 144 mo. | 6.75 % - 11.00 % |
| 90.01% - 100% CLTV (Max $50,000) | 61 to 144 mo. | 7.75 % - 13.00 % |
| Fixed Home Equity Loan (13 - 20 years) | ||
| Up to 80% CLTV (Max $500,000) | 145 to 240 mo. | 6.25 % - 11.00 % |
| 80.01% - 90% CLTV (Max $100,000) | 145 to 240 mo. | 7.25 % - 11.50 % |
| 90.01% - 100% CLTV (Max $50,000) | 145 to 240 mo. | 8.75 % - 14.00 % |
Personal
| Loan Amount | Terms | Rate Range (APR) |
|---|---|---|
| Personal | ||
| Maximum loan amount $30,000 | Up to 24 mo. | 8.90 % - 19.90 % |
| 25 to 48 mo. | 9.90 % - 21.90 % | |
| 49 to 60 mo. | 12.90 % - 23.90 % | |
| Personal Line of Credit (5 Year Draw) | ||
| Maximum loan amount $30,000 | 5 year draw | 10.90 % - 22.90 % |
| Credit Assist | ||
| 12 mo. | 21.90 % | |
| Loan is designed to assist in rebuilding damaged credit, or establishing credit. Member must have direct deposit established, auto pay from an SSSCU account, stable employment, and must help in re-establishing credit, not add to the debt burden. | ||
| Cash Now (Line of Credit) | ||
| 12 mo. | 24.90 % | |
| Offered as an alternative to high rate payday loans! There is a 10% annual fee on the established line amount. Member may borrow on the line for up to one year. Loan must be paid off before obtaining another loan. Member must have established direct deposit, steady, and stable, employment, auto pay from an SSSCU account and the loan must be paid off each month. | ||
First Mortgage Loans
These rates are not guaranteed. Rates may vary with type of loan. Call the Mortgage Department at (702)697-8033 for a firm quote.
Variable rates are adjustable monthly based on change to the Prime Rate.
| Loan Term | Rate | APR* |
|---|---|---|
| 10 Year | 5.500 % | 5.706 % |
| 15 Year | 5.500 % | 5.706 % |
| 20 Year | 5.750 % | 5.915 % |
| 30 Year | 5.875 % | 6.000 % |
| 3 Year ARM | 4.750 % | 6.355 %** |
* Indicates Annual Percentage Rate
** ARM APR assumes the first payment change increases by the full annual cap amount and then remains at that level for the life of the loan.
SSSCU does business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.
