Rates effective as of September 16, 2014

Home Equity

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Home Equity

Type of Loan
Maximum Loan Amount
Collateral
APR*
Term
Home Equity**
1st Lien Position
80% LTV
 
$5,000.00 minimum, $417,000.00 maximum for 1st lien and $208,000.00 maximum for subordinate lien(s). Total combined Liens with BHCU not to exceed $500,000.00. Total of Liens > $249,999.00 are required to have Title Insurance. No application fee(s) with the exception of loans totaling >$249,999.00. Primary Residence must be located in PA, DE, NJ or MD. as low as 2.45%
as low as 3.24%
as low as 4.64%
as low as 5.49%
01-60 Months
61-120 Months
121-180 Months
181-240 Months
Home Equity**
1st Lien Position
90% LTV
as low as 3.45%
as low as 4.24%
as low as 5.64%
01-60 Months
61-120 Months
121-180 Months
Home Equity**
Subordinate Lien Position
80% LTV
 
as low as 3.20%
as low as 3.99%
as low as 5.39%
as low as 6.24%
01-60 Months
61-120 Months
121-180 Months
181-240 Months
Home Equity*
Subordinate Lien Position
90% LTV
as low as 4.20%
as low as 4.99%
as low as 6.39%
01-60 Months
61-120 Months
121-180 Months
Home Equity Line of Credit Contact Credit Union for current rates

ARMs & Fixed Rate Mortgages

Type of Loan
Payment Period
Interest Rate
APR
Monthly Payment
5/5 Adjustable Rate Mortgage up to $417,000* Years 1 – 5
Years 6 – 30**
2.99%
4.58%
3.98% $ 842.13
$ 996.25
5/1 Adjustable Rate Mortgage up to $417,000* Years 1 – 5
Years 6 – 30**
3.25%
2.85%
3.07% $ 870.41
$ 833.14
7/1 Adjustable Rate Mortgage up to $417,000* Years 1 – 7
Years 8 – 30**
3.75%
2.85%
3.35% $ 926.23
$ 847.87
Example monthly payments are based on a loan amount of $200,000 with an estimated property value of $250,000 amounting to a down payment of 20%, excellent credit history, and do not include taxes and insurance – actual obligation will be greater. Advertised Annual Percentage Rate (APR) is effective as of September 16, 2014 and includes a 0.5% origination fee.
* Call the Credit Union for best available rates on Jumbo Loans.
**Interest rate and payment may increase after the initial 5 or 7 year period ends. Projected interest rate and payment is based on current index plus margin. Rates are subject to change. If approved, your terms may vary based upon your specific situation.
15 Year Fixed Rate Mortgage up to $417,000* 15 Years 3.50% 3.66% $1,429.77
30 Year Fixed Rate Mortgage up to $417,000* 30 Years 4.25% 4.34% $ 983.88
Example monthly payments are based on a loan amount of $200,000, with an estimated property value of $250,000 amounting to a down payment of 20%, excellent credit history, and do not include taxes and insurance – actual obligation will be greater. Advertised Annual Percentage Rate (APR) is effective as of September 16, 2014 and includes a 0.5% origination fee. Rates are subject to change. If approved, your terms may vary based upon your specific situation. ** Call the Credit Union for best available rates on Jumbo Loans.

Auto

Type of Loan
Maximum Loan Amount
Collateral
APR*
Term
New Automobile, Truck, & Motorcycle
 
 
 
Max Term 84 Months
Up to 110% NADA Retail Value for Tiers A-C
Up to 100% NDADA Retail Value for Tier D
Title/Good Credit Rating as low as 1.99%
as low as 2.24%
as low as 2.99%
as low as 4.24%
01-36 Months
37-60 Months
61-72 Months
73-84 Months
Used Automobile, Truck, & Motorcycle  
0 -2 Year Old Max Term Is 72 Months- 2014 to 2013 Max Term 72 Months
Up to 110% NADA Retail Value for Tiers A-C
Up to 100% NADA Retail Value for Tier D
Title/Good Credit Rating as low as 2.24% 01-36 Months
3 -5 Year Old Max Term Is 60 Months – 2012, 2011, 2010 Max Term 60 Months
Up to 110% NADA Retail Value for Tiers A-C
Up to 100% NADA Retail Value for Tier D
as low as 2.49% 37-60 Months
6 – 10 Year Old Max Term Is 36 Months – 2009, 2009, 2007, 2006, 2005 Max Term 36 Months
Up to 80% NADA Retail Value for Tiers A-D
as low as 2.99% 61-72 Months
11 – 13 Year Old Max Term is 24 Months- 2004 – older Max Term 24 Months
Up to 80% NADA Clean Loan Value
EFFECTIVE APRIL 15TH 2014- April 14th 2015
***Auto pre-approvals are contingent upon verification of income, year of the vehicle being purchased and the NADA Value as applicable. Requested amounts and terms of loan are subject to change once the year of vehicle is provided to the credit union. All of the above must be verified with the credit union prior to a member taking possession of his/her new/used vehicle, credit union will honor approvals if all the above have not been verified as per policy.***

Recreational Vehicles

Type of Loan
Maximum Loan Amount
Collateral
APR*
Term
New Boats, Mobile Home, Trailer, Camper
 
$2,500.00 minimum – $60,000.00 maximum. 90% of purchase price including taxes and tags, etc. Title/Good Credit Rating as low as 6.34%
as low as 7.24%
01-36 Months
37-84 Months
Used
 
$2,500.00 minimum – $60,000.00 maximum. 80% of NADA average retail price including taxes and tags, etc. Title/Good Credit Rating as low as 7.34%
as low as 8.24%
01-36 Months
37-84 Months

Personal

Type of Loan
Maximum Loan Amount
Collateral
APR*
Term
Personal
 
 
up to $15,000 Maximum (based on your credit worthiness, higher loan amounts may be available) Good Credit Rating as low as 7.49%
as low as 7.89%
as low as 8.49%
up to 36 Months
37 to 60 Months
61 to 84 Months
Personal Line Of Credit up to $15,000 Maximum (based on your credit worthiness, higher loan amounts may be available) Good Credit Rating as low as 10.74% N/A

Shares Secured

Type of Loan
Maximum Loan Amount
Collateral
APR*
Term
Shares Secured $585,000.00 Share 3.00% Over Current Quarter Annual Dividend Rate 120 Mo.

Visa Credit Card

Type of Loan
Maximum Loan Amount
Collateral
APR*
Term
Classic VISA
adjusted annually
$500.00 Minimum – $20,000.00 Maximum
 
Based on Prime Rate and 8.49% for Purchases, Currently 11.74% APR and Prime Rate plus 9.24% for Cash Advances and Balance Transfers, Currently 12.49% APR. N / A
Secured Classic VISA
adjusted annually
$250.00 Minimum – $9,999.00 Maximum
 
Shares Based on Prime and 8.49% for Purchases, Currently 11.74% APR and Prime Rate plus 9.24% for Cash Advances and Balance Transfers, Currently 12.49% APR. N / A
Platinum VISA
adjusted annually
$500.00 Minimum – $35,000.00 Maximum
 
Based on Prime Rate and 4.49% for Purchases, Currently 7.74% APR, Prime Rate and 5.24% for Cash Advance & Balance Transfers, currently 8.49%APR. N / A

Unit Cost Examples

As of May 5, 2014

Personal Loans
84 Monthly Payments of $15.79 per $1,000.00 borrowed @8.39% APR

New Auto/Truck/Motorcycle Loans
84 Monthly Payments of $13.78 per $1,000.00 borrowed @ 4.24% APR

Used Auto/Truck/Motorcycle Loans
72 Monthly Payments of $15.19 per $1,000.00 borrowed @ 2.99% APR

New Boats/Mobile Homes/Trailers
84 Monthly Payments of $15.22 per $1,000.00 borrowed @ 7.24% APR

Used Boats/Mobile Homes/Trailers
84 Monthly Payments of $15.71 per $1,000.00 borrowed @ 8.24% APR

Home Equity (Fixed) 1st Lien Position 80% LTV
240 Monthly Payments of $6.87 per $1,000.00 borrowed @ 5.49% APR

*APR is Annual Percentage Rate

The Annual Percentage Rate (A.P.R.) is subject to change on all VISA Secured, VISA Classic, VISA Platinum and Home Equity Line of Credit Products.

Our credit union has a tiered loan rate policy which applies different loan rates, terms, and maximum limits to borrowers based upon the borrowers’ credit history. Advertised rates apply to borrowers in Tier 1.  The loan rate applicable to you may vary from our rates as quoted. All rates are expressed as ANNUAL PERCENTAGE RATES (APR) and include a 1.00% reduction for automatic transfers from a BHCU Share Draft account,  with the exception of our PLOC, HELOC, Credit Card and Share Secured Loan.

The APR may increase after consummation (loans which stop direct deposit).  Rates, terms and limits are subject to change without notice.

Personal and VISA Limits combined total not to exceed $35,000.00 (This limit does not include our Student Loans).

Contact an employee for further information about applicable fees and terms.