Home Equity Lines of Credit (Now Up To $500,000)
| 10 years |
15 years |
20% |
Prime Rate +0% |
3.25% |
- APR is the Annual Percentage Rate
- One to four-family owner-occupied properties, non-rental second homes and condominium unit loans that are Fannie Mae approved or meet the Fannie Mae Limited Review.
- Maximum loan to value is 80%.
- No origination, closing, or maintenance fees.
- No prepayment penalty.
- The rate will be set on a monthly basis at the prime rate as published in The Wall Street Journal on the first business day of each month. The current Prime Rate is 3.25%
- 0% is the lowest possible rate, with 12% the maximum possible rate.
- During the initial ten-year draw period, you will be billed monthly for interest only at the prime rate (as adjusted monthly).
- During the subsequent fifteen-year repayment period, you will be billed monthly at the prime rate (as adjusted monthly), plus 1/180th of the balance of principal as of the end of the draw period.
- An appraisal will be required on loan amounts greater than $250,000 and the applicant will incur the appraisal cost if the appraisal is required or requested.
- Membership in the Credit Union is required.
- Mortgage Discharge fee to the Commonwealth of Massachusetts may apply for mortgage refinance requests.
- Homeowners insurance is required.
- Appraisal fees may be required upon submission of application.
- Additional terms and conditions may apply to loan products.
- Please refer to a complete loan package for details.
Auto Loans (up to $100,000)
2010 - 2007 vehicle rates as low as 4.75% APR, available for purchase or refinance.
2006 vehicle rates as low as 6.50% APR, available for purchase or refinance.
2005 vehicle rates as low as 7.00% APR, available for purchase or refinance.
2004 vehicle rates as low as 7.75% APR, available for purchase or refinance.
Interest rate disclosed based upon repayment term selected, credit score and includes a 0.50% AutoPay discount that is available when loan payments are made via a direct deduction from a St. Mary's Credit Union statement account. Contact the Loan Department for additional terms and details.
- APR is the Annual Percentage Rate
- Membership is required to borrow from St. Mary's Credit Union.
- All rates are subject to change without prior notice.
- For model year 2003 and older vehicles, please contact the loan department for current rates and terms.
- Maximum loan-to-value 100%
Recreational Vehicle/Motorcycle Loans (up to $100,000)
2010 - 2007, rates as low as 7.00% APR, available for purchase or refinance.
2006 - Older, rates as low as 9.75% APR, available for purchase or refinance.
Interest rate disclosed based upon repayment term selected, credit score and includes a 0.50% AutoPay discount that is available when loan payments are made via a direct deduction from a St. Mary's Credit Union statement account. Contact the Loan Department for additional terms and details.
- APR is the Annual Percentage Rate.
- Membership is required to borrow from St. Mary's Credit Union.
- Maximum loan-to-value 80%.
Personal Loans (up to $15,000)
Personal Loans with rates as low as 11.25% APR
Interest rate disclosed based upon repayment term selected, credit score and includes a .50% AutoPay discount that is available when loan payments are made via a direct deduction from a St. Mary's Credit Union statement account. Contact the Loan Department for additional terms and details.
- APR is the Annual Percentage Rate.
- Membership is required to borrow from St. Mary's Credit Union.
