|
Automobile Loan Rates
|
Rate
|
APR**
|
Max Term Up To
|
|
New Auto
|
**3.99 |
**3.99 |
72 mos.
|
*Calculator |
| Used Auto |
**5.50 |
**5.50 |
72 mos. |
*Calculator |
| New Motorcycle |
**4.99 |
**4.99 |
72 mos. |
*Calculator |
| Used Motorcycle |
**5.50 |
**5.50 |
72 mos. |
*Calculator |
| New Boat |
**4.99 |
**4.99 |
72 mos. |
*Calculator |
| Used Boat |
**5.50 |
**5.50 |
72 mos. |
*Calculator |
| New Personal Watercraft, Snowmobiles & ATV's |
**4.99 |
**4.99 |
72 mos. |
*Calculator |
| Used Personal Watercraft, Snowmobiles & ATV's |
**5.50 |
**5.50 |
72 mos. |
*Calculator |
| Other Loans |
|
|
|
|
| Signature Loan - As Low As |
**7.250 |
**7.250 |
48 mos. |
*Calculator |
| Share Secured Loan |
4.99 |
4.99 |
60 mos. |
*Calculator |
| Mortgage Loans |
|
|
|
|
| 1st Mortgage - 15 Years |
5.900 |
6.140 |
180 mos. |
*Calculator |
| 1st Mortgage - 30 Years |
6.500 |
6.920 |
360 mos.
|
*Calculator |
|
Home Equity -(Fixed Rate) Fees waived upon approval
|
As Low As |
***5.500 |
Up to 15years |
*Calculator |
|
Below Prime Home Equity Line of Credit - Variable
|
0.000 |
****4.750 |
180 mos. |
*Calculator |
| FHA Home Improvement Loan-84 Months |
6.900 |
6.900 |
84 mos. |
*Calculator |
*PLEASE NOTE: The calculators on this page are to provide approximate information about your loan payments and does not constitute an offer to extend credit. Your actual payment information may vary. Please contact the credit union for payment information and variables specific to loan
**Rates based upon applicants credit score. All applicants may not qualify for the lowest rate.
***Annual Percentage rate of 5.50% is available on Home Equity Term loans of $10,500.00 to $100,000.00 with a term up to 180 months . Start-up fee waived for a limited time only upon loan approval and is subject to change without notice. If you payoff the Home Equity Term loan for any reason within 24 months, a $250.00 penalty will apply. Not available to rental property or homes currently for sale or intended to be sold in six months of closing.
****Rates stated as effective July 1, 2010. Rates and terms are subject to change without notice. This Rate sheet is offered as an invitation for member inquires only. It is not a contract. Lending Products “as low as” are based upon tiered credit scores. Applicants may or may not qualify for the lowest rate. Prime rate is 3.25% as of 12/16/2008. A minimum balance of $2,000.00 must be maintained to avoid a $10.00 monthly fee. While all closing cost are waived, a prepayment penalty of up to $150.00 will be assessed for all lines of credit closed within 2 years from the date of opening. Actual qualifying rates can only be determined after an application has been processed. Not all applicants will qualify for maximum term, restrictions and conditions may apply. Maximum rate is 18% APR.
You may contact LorMet Community Federal Credit Union at
(440) 960-LOAN for further information.
|
Savings Rate
|
Dividend Rate
|
APY*
|
Term
|
Minimum Opening Balance
|
|
Regular Shares (Savings) / Holiday Shares
|
.300
|
.300
|
N/A
|
$5.00
|
*APY = Annual Percentage Yield. Rates stated are prospective dividend rates effective July 22, 2010. This account is a variable rate and the dividend rates and APYs may change after the account is open. You must maintain a minimum daily balance of $50.00 in your account each day to obtain the disclosed annual percentage yield.
|
Term Share Certificates
|
Dividend Rate
|
APY***
|
Minimum Opening Balance
|
|
91 Days
|
.700
|
.700
|
$500.00
|
|
182 Days
|
.900
|
.900
|
$500.00
|
|
9 Months
|
1.000
|
1.000
|
$500.00
|
|
12 Months
|
1.190
|
1.200
|
$500.00
|
|
18 Months
|
1.290
|
1.300
|
$500.00
|
|
24 Months
|
1.600
|
1.610
|
$500.00
|
|
30 Months
|
1.840
|
1.850
|
$500.00
|
|
IRA Certificates (Traditional & Roth)
|
Dividend Rate
|
APY***
|
Minimum Opening Balance
|
|
Traditional 18 Months Variable
|
1.000
|
1.000
|
$25.00
|
|
Traditional 6 Months
|
.900
|
.900
|
$500.00
|
|
Traditional 18 Months
|
1.290
|
1.300
|
$500.00
|
|
Traditional 30 Months
|
1.840
|
1.850
|
$500.00
|
|
Roth 6 Months
|
.9000
|
.9000
|
$500.00
|
|
Roth 18 Months
|
1.290
|
1.300
|
$500.00
|
|
Roth 30 Months
|
1.840
|
1.850
|
$500.00
|
***APY= Annual Percentage Yield. Rates stated are prospective dividend rates effective July 22, 2010 These rates are subject to change. A penalty may be charged for early withdrawal.
You may contact LorMet Community Federal Credit Union at
(440) 960-6600 for Rate Updates.
|
