Rates effective as of April 14, 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%
4.48%
4.059% $ 842.13
$ 988.35
5/1 Adjustable Rate Mortgage up to $417,000 Years 1 – 5
Years 6 – 30*
3.125%
2.89%
3.08% $ 856.75
$ 836.79
7/1 Adjustable Rate Mortgage up to $417,000 Years 1 – 7
Years 8 – 30*
3.75%
2.89%
3.40% $ 926.23
$ 851.36
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. Restrictions apply to existing BHCU borrowers. Advertised Annual Percentage Rate (APR) is effective as of April 7, 2014. 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 3.625% 3.82% $1,442.07
30 Year Fixed Rate Mortgage up to $417,000 30 Years 4.50% 4.62% $ 1013.37
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 April 7, 2014. Rates are subject to change. If approved, your terms may vary based upon your specific situation.

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 1.99%
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  
1 -2 Year Old Max Term Is 72 Months- 2014 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 2.24% 01-36 Months
3 -5 Year Old Max Term Is 60 Months – 2011, 2010, 2009 as low as 2.49% 37-60 Months
6 – 10 Year Old Max Term Is 36 Months – 2008, 2007, 2006, 2005, 2004 as low as 2.99% 61-72 Months
11 – 13 Year Old Max Term is 24 Months- 2003 – older Up to 80% financing of the NADA CLEAN LOAN VALUE on vehicles 11 – 13 years old (2003 – 2001)

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 7.14%
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 $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 February 1, 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.