5APR = Annual Percentage Rate. APRs are effective as of March 1, 2021, and are subject to change without notice. Rates may vary depending upon credit qualifications, selected terms and applicable discounts. Rates are fixed unless otherwise stated. A payment example for a consumer who finances $10,000 at a term of 60 months and at an annual percentage rate of 5.00% would result in a 60 payments of $188.70. A consumer who finances $10,000 at a term of 180 months and at an annual percentage rate of 6.25% would result in 180 payments of $85.75. Payment amounts do not include taxes and insurance and repayment terms may vary depending upon rate. The minimum loan amount is $5,000. The maximum loan amount is $417,000 for 1st liens and $250,000 for 2nd liens. The loan-to-value ratio can be up to 90%. Property insurance and flood insurance, if applicable, must be in effect on the property being secured. Other rates and terms may exist for applications which do not qualify under the aforesaid conditions. Consult your tax adviser for further information regarding the deductibility of interest and charges. Home Equity Loans are subject to credit approval, verification and collateral evaluation. Contact Freedom First Credit Union at (540) 389-0244 for additional information on all of our loan products.
6The Annual Percentage Rate (APR) of a HELOC is indexed to the Prime Rate as published on the money rate table in the Wall Street Journal + a margin for the life of the loan. Prime Rate as of 3/16/2020 is 3.25%. Our current lowest APR as of 3/16/2020 for credit lines over $100,000 is 3.25%, which includes + 0.00 margin and for credit lines under $100,000 is 3.75%, which includes + 0.50 margin. HELOC APRs are variable and subject to change. For credit lines of $100,000 or less, an introductory rate as low as 2.74% fixed APR applies for the first twenty-four (24) months of the loan. After the introductory period, the APR will revert back to the original rate indexed to the Prime Rate. Your actual rates may vary, depending on credit history, loan amount and term, loan to value ratio, and other factors. The maximum APR that may be imposed is 18%. Maximum loan-to-value as high as 90%, depending on creditworthiness. No closing costs for loan amounts of $100,000 and less except for legal fees, if required. For loan amounts over $100,000, estimated closing costs may range from $1,562 to $2,830. A review of the credit eligibility, adequate property value , and a clear title is also needed for qualification. Other restrictions may apply. The minimum loan amount is $10,000 and the maximum loan amount is $300,000. The term is up to 240 months. Pay interest only on the amount drawn or 1% of the balance. Membership with Freedom First is a requirement for this offer with a $5 share account. Property insurance, if applicable, must be in effect on the property being secured and the said property must be in the Freedom First Credit Union membership area. The property must be owner occupied . Please consult a tax adviser for further information regarding the deductibility of interest. All credit union loan programs, rates, term and conditions are subject to change at any time without notice. Contact a Freedom First Credit Union representative at (540) 389-0244 for complete details.
7APR= Annual Percentage Rate is a variable rate and may change at any time. APR is based on the highest Prime Rate published in the Money Rates table of The Wall Street Journal + a minimum 1% margin for the life of loan. The current Prime Rate, as of 3/16/2019, is 3.25%. A payment example for a consumer who finances $10,000 at 6.50% APR with an initial monthly principal and interest payment of $74.57 for the first 60 months. After the initial period the variable rate and payment will adjust every five (5) years and equal the total of the Wall Street Journal Prime Rate (3.25% as of March 16th, 2020) plus a minimum margin of 1.00%. Payment amounts do not include taxes and insurance and repayment terms may vary depending upon rate. Actual rates may vary depending upon credit qualifications, selected terms and applicable discounts. The minimum amount is $5,000. The maximum loan amount is $417,000 for 1st liens and $250,000 for 2nd liens. The loan-to-value ratio can be up to 90%. Property insurance and flood insurance, if applicable, must be in effect on the property being secured. Other rates and terms may exist for applications which do not qualify under the aforesaid conditions. Equity Flex Loans are subject to credit approval, verification and collateral evaluation. Consult a tax adviser for further information regarding the deductibility of interest and charges. Contact Freedom First Credit Union at (540) 389-0244 for additional information on all of our loan products.
8APR = Annual Percentage Rate. Rates are valid as of March 1, 2021, and may vary depending upon credit qualifications, selected terms and applicable discounts. All rates are fixed unless otherwise indicated. An estimated monthly payment of $327 would result for a loan amount of $20,000 at 5.49% for 72 months. Rates are subject to change without notice. No prepayment penalties. Certain restrictions apply. Loans are subject to credit approval. Repayment terms may vary depending upon rate.
9APR = Annual Percentage Rate. Rates are valid as of March 1, 2021, and may vary depending upon credit qualifications, selected terms and applicable discounts. All rates are fixed unless otherwise indicated. An estimated monthly payment of $316 would result for a loan amount of $12,000 at 11.99% for 36 months. Rates are subject to change without notice. No prepayment penalties. Certain restrictions apply. Loans are subject to credit approval. Repayment terms may vary depending upon rate.
10APR = Annual Percentage Rate. Rates are valid as of March 1, 2021, and may vary depending upon credit qualifications, selected terms and applicable discounts. All rates are fixed unless otherwise indicated. An estimated monthly payment of $262 would result for a loan amount of $8,000 at 10.99% for 36 months. Rates are subject to change without notice. No prepayment penalties. Certain restrictions apply. Loans are subject to credit approval. Repayment terms may vary depending upon rate.
11APR = Annual Percentage Rate. Your APR will vary with the market based on the Prime Rate.