Rates effective as of April 15, 2013
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 1.95% as low as 2.85% as low as 3.99% as low as 4.59% |
01-60 Months 61-120 Months 121-180 Months 181-240 Months |
|
| Home Equity** 1st Lien Position 90% LTV |
as low as 2.95% as low as 3.85% as low as 4.99% |
01-60 Months 61-120 Months 121-180 Months |
||
| Home Equity** Subordinate Lien Position 80% LTV |
as low as 2.45% as low as 3.60% as low as 4.74% as low as 5.84% |
01-60 Months 61-120 Months 121-180 Months 181-240 Months |
||
| Home Equity* Subordinate Lien Position 90% LTV |
as low as 3.45% as low as 4.60% as low as 5.74% |
01-60 Months 61-120 Months 121-180 Months |
||
| Home Equity Line of Credit | Contact credit union for current information. | |||
Auto
| Type of Loan | Maximum Loan Amount | Collateral | APR* | Term |
|---|---|---|---|---|
| New Automobile, Truck, & Motorcycle | $2,500.00 minimum – $60,000.00 maximum. Up to 110% of MSRP retail value, which includes taxes & tags, etc. | Title/Good Credit Rating | as low as 1.74% as low as 2.24% as low as 2.74% as low as 3.74% |
01-36 Months 37-60 Months 61-72 Months 73-84 Months |
| Used Automobile, Truck, & Motorcycle | ||||
| 1 -2 Year Old Max Term Is 72 Months- 2013 to 2012 | $2,500.00 minimum – $60,000.00 maximum. Up to 110% of NADA retail value on vehicles up to 5 years old (2013-2009), and 80% financing on vehicles more than 5 years old (2008-2004), which includes any add-ons, such as taxes and tags, etc. | Title/Good Credit Rating | as low as 1.99% | 01-36 Months |
| 3 -5 Year Old Max Term Is 60 Months – 2011, 2010, 2009 | as low as 2.54% | 37-60 Months | ||
| 6 – 10 Year Old Max Term Is 36 Months – 2008, 2007, 2006, 2005, 2004 | as low as 3.24% | 61-72 Months | ||
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 $35,000 Maximum (based on your credit worthiness) | Good Credit Rating | as low as 7.14% as low as 7.89% as low as 8.39% |
up to 36 Months 37 to 60 Months 61 to 84 Months |
| Personal Line Of Credit | up to $35,000 Maximum (based on your credit worthiness) | 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 8.49% 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 8.49% 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 4.49% APR. | N / A |
Unit Cost Examples
As of April 15, 2013
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 $13.56 per $1,000.00 borrowed @ 3.74% APR
Used Auto/Truck/Motorcycle Loans
72 Monthly Payments of $15.31 per $1,000.00 borrowed @ 3.24% 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 $6.38 per $1,000.00 borrowed @ 4.59% 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.
