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| Effective date: 3/2/2009 |
| CONSUMER LOANS | |||||
| Sub-category | APR* | Max Term (Months) |
Amount Financed |
Monthly Payment |
Finance Charge |
| Auto | |||||
| 2009/2008 | 4.99% | 60 | $10,000.00 | $188.66 | $1,319.28 |
| 5.99% | 72** | $15,000.00 | $248.51 | $2,892.28 | |
| 2007/2006 | 5.25% | 60 | $10,000.00 | $189.85 | $1,390.90 |
| 6.75% | 72** | $15,000.00 | $253.92 | $3,282.18 | |
| 2005/2004 | 6.25% | 48 | $10,000.00 | $235.99 | $1,327.04 |
| 6.75% | 60 | $10,000.00 | $196.82 | $1,809.17 | |
| 2003/2002 | 6.99% | 48 | $10,000.00 | $239.40 | $1,491.04 |
| 7.49% | 60 | $10,000.00 | $200.32 | $2,018.83 | |
| 2001-older | 8.99% | 36 | $10,000.00 | $317.92 | $1,445.05 |
| 9.99% | 48 | $10,000.00 | $253.55 | $2,170.32 | |
| Boats and Recreation Vehicles | |||||
| New & Used | 8.00% | 72** | $40,000.00 | $701.27 | $10,491.10 |
| 9.00% | 240 | $40,000.00 | $359.86 | $46,362.18 | |
| Motorcycles | |||||
| New | 9.50% | 48 | $10,000.00 | $251.21 | $2,057.72 |
| Used | 10.50% | 36 | $10,000.00 | $324.99 | $1,699.49 |
| Personal | |||||
| 13.00% | 72 | $25,000.00 | $504.43 | $11,318.96 | |
*APR - Annual Percentage Rate. Rates are determined by your personal credit history and are subject to change without notice. LCU members must maintain a $25 deposit relationship. Rates reflect a .25% reduction for automatic payment from an LCU checking or savings account.
** 72 month term - minimum amount financed $15,000.00
| Effective date: 6/17/2009 |
| MORTGAGES | |||||
| Term | Rate | Margin | Points | APR* | Monthly payment per $1000 |
| Adjustable Rate Mortgages | |||||
| 5/1 ARM | 5.875% | 2.75 | 0 | 5.89% | $5.92 ** |
| 3/1 ARM | 5.750% | 2.75 | 0 | 5.76% | $5.84 ** |
| First Time Homebuyers | |||||
| 5/1 ARM | 5.750% | 2.75 | 0 | 5.76% | $5.84 ** |
| Fixed Rate Mortgages | |||||
| 30 Years | 5.750% | 0.00 | 0 | 5.76% | $5.83 |
| 30 Years | 5.500% | 0.00 | 1 | 5.60% | $5.67 |
| 30 Years | 5.250% | 0.00 | 2 | 5.44% | $5.52 |
| 20 Years | 5.625% | 0.00 | 0 | 5.64% | $6.94 |
| 20 Years | 5.375% | 0.00 | 1 | 5.51% | $6.80 |
| 20 Years | 5.125% | 0.00 | 2 | 5.38% | $6.66 |
| 15 Years | 5.250% | 0.00 | 0 | 5.27% | $8.04 |
| 15 Years | 5.000% | 0.00 | 1 | 5.17% | $7.91 |
| 15 Years | 4.750% | 0.00 | 2 | 5.08% | $7.78 |
| 10 Years | 5.250% | 0.00 | 0 | 5.28% | $10.73 |
| 10 Years | 5.000% | 0.00 | 1 | 5.25% | $10.61 |
| 10 Years | 4.750% | 0.00 | 2 | 5.21% | $10.49 |
First Time Buyer Program rates are discounted ¼% off the fixed rates listed above. Income limits apply.
Biweekly and no closing cost options are available.
*Rates available to qualified borrowers. All rates are subject to change without notice. Annual Percentage Rate (APR) is based on 20% downpayment on owner-occupied one to four family dwellings. APR on ARM products subject to change after consummation. Additional terms and conditions may apply. See loan documents for details. LCU members must maintain
a $25 deposit relationship.
**Based on a 30 year term.
| Effective date: 12/18/2008 |
| HOME EQUITY LOANS | ||||
| APR* | Term | Amount | Monthly Payment |
Maximum |
| 5.75% | 60 Months* | $10,000.00 | $192.16 | $250,000.00 |
| 6.25% | 120 Months* | $10,000.00 | $112.28 | $250,000.00 |
| 6.75% | 180 Months* | $10,000.00 | $88.49 | $250,000.00 |
| 7.00% | 240 Months* | $10,000.00 | $77.53 | $250,000.00 |
| 5.00% | 20 Year Line of Credit** | $10,000.00 | $41.10 | $250,000.00 |
| 5.00% | 20 Year Line of Credit*** | $10,000.00 | $41.10 | $250,000.00 |
* Equity is determined by taking 80% of property value and deducting balance of any mortgages. If appraisal is required, charge will range from $250 to $450. Property insurance required. No closing costs. LCU members must maintain a $25 deposit relationship.
** Annual Percentage Rate (APR) is variable and is adjusted monthly to Wall Street Journal Prime Rate less 1.25% as published on last business day of the month. Automatic payment from LCU transaction account required. If automatic payment is cancelled or not established, APR will increase by .70%. Maximum interest rate 18%. Floor rate is 5.00%. Draw period 10 years with 10 additional years to repay. Equity determined by taking 80% of property value and deducting balance of any mortgages. If appraisal is required the charge will range from $250 to $450. Property insurance required. No closing costs. Rate subject to change after consummation. LCU members must maintain a $25 deposit relationship. An early termination fee of no more than $500 may be imposed to cover fees paid to third parties if line is discharged within 36 months of note date.
***Annual Percentage Rate (APR) is variable and is adjusted monthly to Wall Street Journal Prime Rate plus 1.75% as published on last business day of month. Maximum interest rate 18%. Draw period 10 years with 10 additional years to repay. Equity determined by taking 95% of property value and deducting balance of any mortgages. If property is located in an area of declining market value as determined by PMI insurance company, equity is limited to 90%. If appraisal is required the charge will range from $250 to $450. Property insurance required. No closing costs. Rate subject to change after consummation. LCU members must maintain a $25 deposit relationship. An early termination fee of no more than $500 may be imposed to cover fees paid to third parties if line is discharged within 24 months of note date.
