IMPORTANT MORTGAGE LOAN PROCESSOR INFORMATION
Because the CHCAFCU processes mortgage loans we must list our Mortgage Loan Processors along with their unique identification number. Our Loan Processors are:
Denny O’Shaughnessy – 402475
Angie Szabo – 402476
Rick Williams – 402474
* * * * * * * * *
PLEASE NOTE!
We participate in “Risk Based Lending”. This is a rate determining process whereby the rate you receive on your loan will be assigned to you based on your credit rating (Beacon Score).
Payment Example: $1000 at 5.25% for 5 years = $18.99
Below is a detailed list of our Risk Based rates.
Rates Effective February 1, 2020
Rates and terms vary. Not all of our offered rates or terms are listed here.
Secured Loans – Autos, Boats, MCs and RVs
| Credit Rating | A+ APR* | A APR* | B APR* | C APR* | D APR* |
|---|---|---|---|---|---|
| 24 Months | 3.35 | 4.35 | 6.35 | 8.35 | 13.35 |
| 36 Months | 3.60 | 4.60 | 6.85 | 8.85 | 13.85 |
| 48 Months | 3.85 | 4.85 | 6.85 | 10.85 | 15.85 |
| 60 Months | 3.85 | 4.85 | 7.85 | 12.85 | 17.95 |
| 72 Months | 4.85 | 5.85 | 8.85 | 16.85 | 17.95 |
| 84 Months | 5.85 | 6.85 | 9.85 | 17.95 | N/A |
| **Rates are based on your base rate, age of the collateral and the loan to value. Please contact Credit Union for further details.** | |||||
| *APR = Annual Percentage Rate |
New / Used Boats, Motorcycles & Campers
| Credit Rating | A+ APR* | A APR* | B APR* | C APR* | D APR* |
|---|---|---|---|---|---|
| SEE ABOVE |
2nd Mortgage/Home Improvement Loans
| Credit Rating Closing Costs – $200.00 | A+ APR* | A APR* | B APR* | C APR* | D APR* |
|---|---|---|---|---|---|
| Term 1 – 5 Years | 4.75 | 5.25 | 7.25 | 9.25 | 11.25 |
| Term 5 – 10 Years | 5.25 | 5.75 | 7.75 | 9.75 | 11.75 |
| Term 10 – 15 Years | 5.50 | 6.00 | 8.00 | 10.00 | 12.00 |
Home Equity Line Of Credit (HELOC)
| HOME EQUITY LINE OF CREDIT (HELOC) | A+ APR* | A APR* | B APR* | C APR* | D APR* |
|---|---|---|---|---|---|
| VARIABLE RATE | 4.75 | 5.25 | 7.25 | 9.25 | 11.25 |
| PRIME RATE – ALL RATES ADJUSTED QUARTERLY TO PRIME |
Signature, Vacation, Christmas, Bill Consolidation, Appliance, Computer Loans
| Credit Rating | A+ APR* | A APR* | B APR* | C APR* | D APR* |
|---|---|---|---|---|---|
| Up to 5 Years | 10.20 | 11.20 | 13.20 | 16.20 | 17.95 |
| Credit Rating | A+ APR* | A APR* | B APR* | C APR* | D APR* |
|---|---|---|---|---|---|
| See Above |
Quick Cash Line Of Credit Loans
| APR* | |||||
| Check Cashing Loan Alternative. Get up to $500 Instantly! | 17.00 |
| *APR = Annual Percentage Rate
**ALL Rates are subject to change without notice** |
| We also offer Share and Certificate Secured Loans at unbelievable rates!
All Rates subject to change without notice! |
| Loans | Rate | APR* | Term | |
| Overdraft Protection Loans | 17.00 | 17.00 | 48 | Calculator |
| Calculator | ||||
| Visa Associates – Call for Rates and Terms | n/a | Calculator | ||
| VISA Advantage 1 – Call for Rates and Terms | n/a | Calculator | ||
| VISA – Classic – Call for Rates and Terms | n/a | Calculator |
| APR = Annual Percentage Rate |
| All Rates Subject to Change Without Notice! |
| Savings | Dividend Rate | APY* | Term |
| Regular Shares (Savings) | .10 | .10 | n/a |
| Money Market Account $2,500.00 – $9,999.99 | .30 | .30 | n/a |
| Money Market Account $10,000.00 – 49,999.99 | .45 | .45 | n/a |
| Money Market Account $50,000.00 & Over | .55 | .55 | n/a |
| IRA Savings Account | .10 | .10 | n/a |
| APR = Annual Percentage Rate APY = Annual Percentage Yield Back to Top |
| All Rates Subject to change Without Notice! |
| Certificates | Dividend Rate | APY* | Term |
| Share Certificate | 0.50 | 0.50 | 6 |
| Share Certificate | 0.75 | 0.75 | 12 |
| Share Certificate | 1.00 | 1.00 | 24 |
| Share Certificate | 1.24 | 1.25 | 36 |
| Share Certificate | 1.49 | 1.50 | 48 |
| Share Certificate | 1.74 | 1.75 | 60 |
| IRA Share Certificate | 0.75 | 0.75 | 12 |
| IRA Share Certificate | 1.00 | 1.00 | 24 |
| IRA Share Certificate | 1.24 | 1.25 | 36 |
| IRA Share Certificate | 1.49 | 1.50 | 48 |
| IRA Share Certificate | 1.74 | 1.75 | 60 |
| APR = Annual Percentage Rate APY = Annual Percentage Yield Back to Top |
Applications
