University Credit Union Loan Rates

At University Credit Union, affordable and convenient credit is one of the chief benefits of membership. Our Loan Department is staffed by professional loan officers who are committed to offering you the best rates, the fastest service and the most convenient selection of loan options. Please call for full details on any loan and to discuss any of your borrowing needs at (310) 477-6628. Loan rates effective as of November 1, 2009.

Jump to rates: Real Estate (Home Equity and Mortgages) : : Personal Loans : : MasterCard

Consumer Loans

New Car Loans
2008 - 2010 Annual Percentage Rate Repayment Term
(in Months) Monthly Payment
per $1,000

80% financing 3.99%
3.99%
4.49%
4.99% 36
48
60
84 $29.52
$22.58
$18.64
$14.13

100% financing 4.99%
5.24%
5.74%
6.24% 36
48
60
84 $29.97
$23.14
$19.22
$14.73

All new car financing not to exceed purchase price or MSRP, whichever is less, plus tax, license and warranties. Maximum loan amount: $75,000. 84 months for loans of $30,000 or more.

Used Cars & Demonstration Models* Annual Percentage Rate Repayment Term
(in Months) Monthly Payment
per $1,000

2007-2009 models
For purchases only. 5.75% Up to 84** $14.49

Purchases: '99-'06 models
Refinances: '99-'09 models 7.65% Up to 84** $15.42

*Financing includes private party and dealership purchases; cash-out available; demonstration models.

**Maximum term 72 months, except 84-month term available for loans of $30,000 or more. Loans issued up to 100% retail Book value, plus tax, license and warranties. Maximum loan amount: $75,000.

Personal Loan Annual Percentage Rate Repayment Term
(in Months) Monthly Payment
per $1,000

Personal Loan 9.95% 60 $21.23

Computer Loan 9.95% 60 $21.23

Share-Secured Loan 5.99% 60 $19.33

Maximum for all unsecured credit: $20,000. Computer Loan: Minimum $500; Maximum $10,000. Share Loan: Regular Shares used as loan collateral.

Annual Percentage Rate Terms

Personal Line of Credit 6.50% Variable rate. Maximum credit limit: $20,000

Rates are based on the 6-month discounted T-bill auction rate set on the second Monday of the month prior to each quarterly change, plus a margin. Rates are subject to change quarterly (January 1, April 1, July 1 and October 1). The auction rate for this quarter is 0.21%. The margin is 4.50%. The floor limit is 6.50% APR and the ceiling is 12.00% APR.

Overdraft Protection 6.50% Variable rate. Maximum credit line: $5,000. Line of Credit covers overdrawn checks.

Rates are based on the 6-month discounted T-bill auction rate set on the second Monday of the month prior to each quarterly change, plus a margin. Rates are subject to change quarterly (January 1, April 1, July 1 and October 1). The auction rate for this quarter is 0.21%. The margin is 4.50%. The floor limit is 6.50% APR and the ceiling is 12.00% APR.

Payday Advance Loan 18.00% $500 max., $100 min. $45 Annual Fee. No advance fees. Direct Deposit required.

MasterCard: Platinum 7.30% Variable Rate. APR may vary. No Annual Fee.

Rates are based on the 6-month discounted T-bill auction rate set on the last Monday of the second month prior to each semi-annual change, plus a margin (e.g., a January change would use the T-bill rate auction of the last Monday of November). Rates are subject to change semi-annually (January 1 and July 1). The auction rate for this period is 0.30%. The margin is 7.00%.

MasterCard: Gold 11.99% Fixed Rate. No Annual Fee.

MasterCard: Classic 15.96% Fixed Rate. No Annual Fee the first year.

Annual Fee waived each year thereafter with net annual purchases of at least $500; otherwise $15.00 will be charged.

Recreational Vehicles
(Boats, Personal Watercraft, Motorcycles, Travel Trailers, Tent Trailers) 9.00% New vehicle. 100% financing up to MSRP (plus tax, license and warranties). Repayment terms determined by Credit Manager.

9.75% Used vehicle. Financing up to 100% Book value. Repayment terms based on cost and age of vehicle.

Motor Homes 8.85% New vehicle (2008 - 2010). Maximum loan: $50,000. 100% financing up to MSRP (plus tax, license and warranties). Repayment terms determined by Credit Manager.

9.50% Used vehicle (1999 - 2009). Maximum loan: $50,000. Financing up to 100% Book value. Repayment terms based on cost and age of vehicle.

Real Estate Loans

Home Equity Line of Credit 6-Month Intro APR Current APR

Interest Only Option

Standard 3.90%**

3.90%** 5.00%

5.00%

Variable-Rate Home Equity Line of Credit. 75% Combined Loan-to-Value ratio (CLTV).

House: $150,000 maximum. Condo/Townhouse: $150,000 maximum. Single family, owner-occupied detached dwelling or condo/townhouse.

**Introductory rates are for 6 months. At the end of the introductory rate period, the rate will convert to the non-discounted variable annual percentage rate schedule, currently at 5.00% APR (and, based on this rate, has a maximum rate of 11.00% APR) for 75% CLTV. Rates are based on the 6-month discounted T-bill auction rate set on the second Monday of the month prior to each quarterly change, plus a margin. Rates are subject to change quarterly (January 1, April 1, July 1 and October 1). The auction rate for this quarter is 0.21%. The margin is 3.75%. Minimum floor rate is 5.00% APR. Some restrictions may apply. Call for full details.

Second Trust Deed Loan Annual Percentage Rate Repayment
Terms Monthly Payment
per $10,000

6.75%
7.00%
7.50% 10 Years
15 Years
20 Years $114.84
$89.90
$80.58

75% CLTV. House: $150,000 maximum. Condo/Townhouse: $150,000 maximum.

Single family, owner-occupied detached dwelling or condo/townhouse.

FHA Title 1 Home Improvement Loan Annual Percentage Rate Repayment
Terms Monthly Payment
per $10,000

8.50%
8.75%
9.125% 7 Years
10 Years
15 Years $158.37
$125.34
$102.19

$25,000 maximum. Single family, owner-occupied detached dwelling or condo/townhouse.

First Mortgage Loans
Purchases and Refinances Call UCU for today's current rates.

Mortgage Loan Contacts:
Please call a UCU Real Estate Loan Representative for information at (310) 477-6628, ext. 2304 during regular business hours.

Income Property Loans
Multi-Unit Residential Properties Call UCU for today's current rates.

The Income Property Loan is available on non-owner occupied dwellings (1-4 unit residential property).

Mortgage Loan Contacts:
Please call a UCU Real Estate Loan Representative for information at (310) 477-6628, ext. 2304 during regular business hours.

All Real Estate Loans (except Mortgage Purchase Loans) are available only to members residing in California and on primary member residences (single-family, owner-occupied, detached dwellings, or condos, townhouses or duplexes) in the following counties: Los Angeles, Orange, Ventura, San Bernardino, Riverside and San Diego. Mortgage Purchase Loans are available throughout the United States. Loans are issued subject to credit approval and equity requirements. Certain Combined Loan-to-Value (CLTV) ratios will apply on real estate loans.

Disclaimer: All loans, except First Mortgage and Income Property Loans, are available only to members residing in California. Car purchases, using a UCU loan, must be made in California only. Rates are subject to change without notice. Loan issued subject to credit review. Contact UCU for complete details.

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Your savings federally insured to at least $250,000 through the National Credit Union Administration (a U.S. Government Agency) and backed by the full faith and credit of the United States Government.
An additional $250,000 of coverage provided by American Share Insurance (ASI), a private corporation.
University Credit Union is an Equal Housing Lender.

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For more information, please e-mail us or call (310) 477-6628.