Loan Rates
Consumer Loans
Effective Date: October 1, 2018Each member's interest rate is based on his/her individual credit score.
| Loan Type | Term | Rate |
|---|---|---|
| New Auto Loans Models 5 years or newer 125% financing available. No minimum loan amount |
24 Months | 3.00% - 11.00% |
| 36 Months | 3.75% - 11.75% | |
| 48 Months | 4.00%- 12.00% | |
| 60 Months | 4.25% - 12.25% | |
| 72 Months | 4.50% - 12.50% | |
| 84 Months | 4.75% - 12.75% | |
| Used Auto Loans Models 6 to 10 years old 125% financing available. Loan amt. must be over $15,000 to qualify |
24 Months | 3.00% - 11.00% |
| 36 Months | 4.25% - 12.25% | |
| 48 Months | 4.50% - 12.50% | |
| 60 Months | 4.75% - 12.75% | |
| 72 Months* | 5.00% - 13.00% | |
| Used Auto Loans Models 11 – 19 years old 125% financing available of NADA clean retail/trade-in. Photos may be required on vehicles older than 15 years. See loan department for models over 20 years and for classic cars. |
24 Months | 4.50% - 12.50% |
| 36 Months | 6.25% - 14.25% | |
| 48 Months | 7.50%- 15.50% | |
| 60 Months | 8.75% - 16.75% | |
| New Recreational Equipment Loans Models 5 years or newer 110% of NADA value based on age of recreational equipment |
24 Months | 3.75% - 11.75% |
| 36 Months | 5.00% - 13.00% | |
| 48 Months | 5.25% - 13.25% | |
| 60 Months | 5.50% - 13.50% | |
| 72 Months | 5.75% - 13.75% | |
| 84 Months | 6.00% - 14.00% | |
| New Camper/Motorhome Loans Models 5 years or newer *Must be over $30,000 to qualify **Must be over $50,000 to qualify 110% financing available based on age of camper/motorhome. |
24 Months | 3.75% - 11.75% |
| 36 Months | 4.50% - 12.50% | |
| 48 Months | 4.75% - 12.75% | |
| 60 Months | 5.00% - 13.00% | |
| 72 Months | 5.25% - 13.25% | |
| 84 Months* | 5.50% - 13.50% | |
| 120 Months** | 6.50% - 14.50% | |
| Used Recreational Equipment Loans Used Camper/Motorhome Loans 110% of NADA value based on age of recreational equipment Restrictions may apply based on Model Years & Amount Financed; Photos may be required Lawn/Farm Equipment may require outside appraisal |
-Add 1% to new rates for Models 6-10 years -Add 3% to new rates for Models over 10 years |
|
| Share Secured | Up to 60 Months | +2.00% above Share |
| CD Secured | Up to 60 Months | +2.00% above CD |
| Signature / Co-Signer | 24 months | 9.25% - 16.75% |
| 36 months | 10.00% - 17.50% | |
| 48 months | 10.40% - 17.90% | |
| 60 months | 10.50% - 18.00% | |
| Rates quoted are our best rates and subject to change without notice. Restrictions may apply. | ||
Mortgage Loans
Effective Date: October 10, 2018Each member's interest rate is based on his/her individual credit score.
| Mortgage Loan Type | Term | Rate | APR* |
|---|---|---|---|
| First Mortgage - Fixed | 10 year | 4.00% - 6.50% | 4.29% - 6.80% |
| First Mortgage - Fixed | 15 year | 4.25% - 6.75% | 4.45% - 6.96% |
| First Mortgage - Fixed | 20 year | 4.75% - 7.25% | 4.91% - 7.43% |
| First Mortgage - ARM (25/5/1) | 25 year | 4.25% - 6.75% | 4.60% - 7.10% |
| First Mortgage - ARM (30/5/1) | 30 year | 4.30% - 6.80% | 4.62% - 7.13% |
| First Mortgage - ARM (25/5/5) | 25 year | 4.35% - 6.85% | 4.64% - 7.15% |
| First Mortgage - ARM (30/5/5) | 30 year | 4.45% - 6.95% | 4.68% - 7.19% |
| First Mortgage - ARM (25/10/5) | 25 year | 4.50% - 7.00% | 4.67% - 7.18% |
| First Mortgage - ARM (30/10/5) | 30 year | 4.60% - 7.10% | 4.72% - 7.24% |
| Second Mortgage - Fixed | 5 year | 5.00% - 7.50% | 5.38% - 7.88% |
| Second Mortgage - Fixed | 10 year | 5.75% - 8.25% | 5.95% - 8.46% |
| Loan Type | Term | Rate | APR* |
| HELOC - Home Equity Line of Credit * | 5.25% - 7.75% | ||
| HELOC Interest Rates may vary monthly based on Wall Street Prime (WSP) interest rate published The Wall Street Journal | |||
| Construction Loan | Same terms and interest rates as First Mortgage Loans. See Loan Department for details. | ||
| Land - Fixed | 10 year | 8.25% - 10.75% | 8.46% - 10.97% |
|
*APR (Annual Percentage Rate) is based on $100,000 loan amount for an 80% LTV purchase, and reflects an 0.75% origination fee. Interest rates quoted are our very best rates and subject to change without notice. 100% financing available for those who qualify. Member’s rate may vary depending upon his/her credit history. Some restrictions may apply. CLINCHFIELD FCU NMLS# 681713 MARY LOU HATFIELD MLO# 732743 EVELYN LANE VAN DYKE MLO# 732742 JESSICA LYNNE GRINDSTAFF MLO# 1646358 Contact the Credit Union for additional information and rates on other available accounts: 423-743-9192 |
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Contact Us
For general questions, information concerning our products and services, or problems with the website or home banking:Phone: (423) 743-9192 Fax: (423) 743-6156
Clinchfield Connection Voice Response: (800) 724-7442
Routing Number: 264278872
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