Loan Rates
When you’re looking for excellent rates on loan products, look no further – Alpha CU have the competitive rates you’re looking for.
Rates Effective: 05/10/2024
| Type | FICO Score | Rate based on FICO score |
|---|---|---|
| Personal Loan* | 700 or more | 7.00% APR** |
| Personal Loan* | 650-699 | 8.00% APR** |
| Personal Loan* | 600-649 | 10.00% APR** |
| Personal Loan* | Less than 600 | 11.00% APR** |
* 5 Year Maximum term; $10,000 Maximum
** APR – Annual Percentage Rate
Additional Requirements: 1 Current Pay Stub, Application
| Type | FICO Score | Rate based on FICO score |
|---|---|---|
| New Auto Loan* | 700 or more | 4.50% APR** |
| New Auto Loan* | 650-699 | 5.00% APR** |
| New Auto Loan* | 600-649 | 6.25% APR** |
| New Auto Loan* | Less than 600 | 6.75% APR** |
* Up to 100% NADA financing; Maximum loan $50,000; Maximum term is 60 months or 5 years
** APR – Annual Percentage Rate
Additional Requirements: Application, Purchase Order Insurance Binder with ACU listed as “First Lien Holder”; $25.00 Single Interest Fee; GAP Insurance – $250 (optional)
| Type | FICO Score | Rate based on FICO score |
|---|---|---|
| Used Auto Loan* | 700 or more | 5.00% APR** |
| Used Auto Loan* | 650-699 | 5.50% APR** |
| Used Auto Loan* | 600-649 | 7.00% APR** |
| Used Auto Loan* | Less than 600 | 7.50% APR** |
* Up to 100% NADA financing; Maximum loan $50,000; Maximum term is 60 months or 5 years
** APR – Annual Percentage Rate
Additional Requirements: Application, Purchase Order Insurance Binder with ACU listed as “First Lien Holder”; $25.00 Single Interest Fee; GAP Insurance – $250 (optional)
| Type | FICO Score | Rate based on FICO score |
|---|---|---|
| New RV Loan* | 700 or more | 6.00% APR** |
| New RV Loan* | 650-699 | 7.00% APR** |
| New RV Loan* | 600-649 | 7.50% APR** |
| New RV Loan* | Less than 600 | 8.00% APR** |
* Up to 90% NADA financing; Maximum loan $50,000; Maximum term is 60 months or 5 years
** APR – Annual Percentage Rate
Loan origination fees: $25 VSI Insurance Filing Fee as well as $25 RMV title fee for refinances only. Optional GAP Insurance offered for $250, which can be financed.
| Type | FICO Score | Rate based on FICO score |
|---|---|---|
| Used RV Loan* | 700 or more | 6.50% APR** |
| Used RV Loan* | 650-699 | 7.50% APR** |
| Used RV Loan* | 600-649 | 8.00% APR** |
| Used RV Loan* | Less than 600 | 8.50% APR** |
* Up to 90% NADA financing; Maximum loan $50,000; Maximum term is 60 months or 5 years
** APR – Annual Percentage Rate
Loan origination fees: $25 VSI Insurance Filing Fee as well as $25 RMV title fee for refinances only. Optional GAP Insurance offered for $250, which can be financed.
| Type | Rate (as low as) |
|---|---|
| Share Secured Loan* | 3.00% APR** |
* Up to 100% of balance; Secured by your funds in an Alpha CU share account.Helps to establish or re-establish good credit history.Your funds are released as you pay off your balance.
** APR – Annual Percentage Rate
Additional Requirements: 1 Current Pay Stub, Application
| Type | Rate (as low as) |
|---|---|
| Mass Save Heat Loan* | 0.00% APR** |
* To assist with the installation of qualified energy efficient home improvements. $25,000 Max (May require UCC1 Filing). 7 Year Maximum Term. No Closing Costs!
** APR – Annual Percentage Rate
Additional Requirements: 1 Current Pay Stub, Application, Mass Save Authorization Form
| Type | Rate (as low as) |
|---|---|
| Home Equity Line of Credit* | Variable APR, **WSJ Prime Rate + 0.00% |
| Fixed Equity* Up to 60 months | 6.25% APR** |
| Fixed Equity* 61 to 84 months | 6.75% APR** |
| Fixed Equity* 85 to 120 months | 7.50% APR** |
| Fixed Equity* 121 to 180 months | 8.00% APR** |
* $250,000 Maximum Based on Available Equity. Good credit history required. Any loan may require a cosigner. Homeowner’s insurance is required for any fixed home equity loan or HELOC.
** APR – Annual Percentage Rate
Additional Requirements: 1 Current Pay Stub, Application; Copy of Mortgage/Deed, along with the Legal Description “Exhibit A”, Tax Bill