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    Loan Rates

    Uploaded by

    Andrew Chambers
    This document outlines interest rates for various types of loans effective January 21, 2011. Automobile loan rates range from 4.00-17.00% depending on the model year, loan term, and borrower credit score. Mortgage rates range from 5.00-16.50% depending on type of mortgage and credit score. Unsecured loan rates range from 7.50-18.00%. Recreational vehicle loan rates range from 5.49-17.99% depending on new vs used and term. Share secured loans are offered at 6.00-6.50% depending on term. Flex loans for amounts exceeding the vehicle value have an additional margin of 0.5-2%.

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    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    Loan Rates

    Uploaded by

    Andrew Chambers
    76 views1 page
    This document outlines interest rates for various types of loans effective January 21, 2011. Automobile loan rates range from 4.00-17.00% depending on the model year, loan term, and borrower credit score. Mortgage rates range from 5.00-16.50% depending on type of mortgage and credit score. Unsecured loan rates range from 7.50-18.00%. Recreational vehicle loan rates range from 5.49-17.99% depending on new vs used and term. Share secured loans are offered at 6.00-6.50% depending on term. Flex loans for amounts exceeding the vehicle value have an additional margin of 0.5-2%.

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    This document outlines interest rates for various types of loans effective January 21, 2011. Automobile loan rates range from 4.00-17.00% depending on the model year, loan term, and borrower credit score. Mortgage rates range from 5.00-16.50% depending on type of mortgage and credit score. Unsecured loan rates range from 7.50-18.00%. Recreational vehicle loan rates range from 5.49-17.99% depending on new vs used and term. Share secured loans are offered at 6.00-6.50% depending on term. Flex loans for amounts exceeding the vehicle value have an additional margin of 0.5-2%.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    76 views1 page

    Loan Rates

    Uploaded by

    Andrew Chambers
    This document outlines interest rates for various types of loans effective January 21, 2011. Automobile loan rates range from 4.00-17.00% depending on the model year, loan term, and borrower credit score. Mortgage rates range from 5.00-16.50% depending on type of mortgage and credit score. Unsecured loan rates range from 7.50-18.00%. Recreational vehicle loan rates range from 5.49-17.99% depending on new vs used and term. Share secured loans are offered at 6.00-6.50% depending on term. Flex loans for amounts exceeding the vehicle value have an additional margin of 0.5-2%.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Rates effective 01.21.

    2011

    Automobile Loans
    Empirica Score: Below 620 620-649 650-679 680-699 700-729 Above 729

    Model Yr 09-11 (48 months): 15.00% 10.50% 8.00% 6.00% 4.50% 4.00%
    Model Yr 09-11 (60 months): 16.00% 11.50% 9.00% 6.50% 5.00% 4.50%
    Model Yr 09-11 (72 months): 17.00% 12.50% 10.00% 7.00% 5.50% 5.00%

    Model Yr 05-08 (48 months): 16.00% 11.00% 8.50% 6.50% 5.25% 4.75%
    Model Yr 05-08 (60 months): 17.00% 12.00% 9.50% 7.00% 5.75% 5.25%
    Model Yr 05-08 (72 months): 18.00% 13.00% 10.50% 7.50% 6.25% 5.75%
    *Auto loans for model year 2004 and older add 1% APR to 2005-2008 rates.
    *Add 2% for auto loans less than $5,000
    Equity Rate Reductions:
    3.00% 2.00% 1.50% 1.00% 0.50% 0.25%
    *With a 25% equity position (against both the total sale price and the NADA retail value) the applicant will receive the equity rate reduction.
    Mortgage Loans
    Empirica Score: Below 620 620-649 650-679 680-699 700-729 Above 729
    Current Prime Rate: 3.25%

    Home Improvement: p+9 / 15% fl p+6 / 12% fl p+4 / 10% fl p+2 / 8% fl p+1 / 7% fl pr / 6% fl
    Business LOC: p+9 / 15% fl p+6 / 12% fl p+4 / 10% fl p+2 / 8% fl p+1 / 7% fl pr / 6% fl

    Home Equity LOC: p+9 / 15% fl p+6 / 12% fl p+3 / 9% fl p+1 / 7% fl pr / 6% fl pr-1 / 5% fl

    5 yr Fixed Rate HE: 15.00% 12.00% 9.00% 7.00% 6.00% 5.00%


    10 yr Fixed Rate HE: 16.00% 13.00% 9.50% 7.50% 6.50% 5.50%
    15 yr Fixed Rate HE: 16.25% 13.25% 10.00% 8.00% 7.00% 6.00%
    20 yr Fixed Rate HE: 16.50% 13.50% 10.50% 8.50% 7.50% 6.50%

    15 yr Fixed Mortgage: 12.00% 10.00% 8.00% 7.00% 6.50% 6.00%


    20 yr Fixed Mortgage: 13.00% 11.00% 8.50% 7.25% 6.75% 6.25%
    30 yr Fixed Mortgage: 14.00% 12.00% 9.00% 7.50% 7.00% 6.50%
    *For HE and HELOC add 1% for loans with a LTV that exceeds 80% *fl = floor, the rate on this loan will never go below the rate stated.
    Unsecured Loans
    Empirica Score: Below 620 620-649 650-679 680-699 700-729 Above 729

    Consolidation Loan: 18.0% 16.0% 14.0% 10.5% 8.5% 7.5%


    Signature Loan: 18.0% 16.9% 14.9% 12.9% 9.9% 8.9%
    Line of Credit: 17.9% 17.9% 16.9% 14.9% 10.9% 8.9%

    Recreational/Boat/RV Loans
    Empirica Score: Below 620 620-649 650-679 680-699 700-729 Above 729

    Motorcycle Loans: 17.99% 12.99% 10.99% 7.49% 6.49% 5.49%


    *Rates shown are for new vehicle and a 48 month term. Add .5% for a 60 month term and add 1% for used vehicles.
    Non-Titles Rec Vehicle: 17.99% 15.99% 11.99% 8.49% 7.49% 6.49%
    *Rates shown are for new vehicle and a 48 month term. Add .5% for a 60 month term and add 1% for used vehicles.
    Boat & RV: *** See Boat Rate Sheet ***

    Share Secured Loans

    Share Secured Loan: 36 months: 6.00% 48 months: 6.25% 60 months: 6.50%

    Flex Loans
    Loans that exceed the NADA value of the secured asset are classified as FLEX Loans. FLEX Loans have an additional margin added to the loan as follows:

    Loan exceeds NADA Value by $0-999: +.5%


    Loan exceeds NADA Value by $1000-2999: +1.25%
    Loan exceeds NADA Value by $3000-10000: +2%

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