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Current Rates

Loan Disclaimers

* The rate may be adjusted based upon occupancy, collateral, loan characteristics and conforming loan qualifying requirements.

Loan Limits:

Units Limit
One $766,550
Two $981,500
Three $1,186,350
Four $1,474,400

Higher loan limits available in High-Cost areas. Jumbo loan rates apply for higher loan limits.

*Mortgage Terms and Conditions:

Mortgages available only for the following owner-occupied properties: single family residences, qualified condominiums or multi-family structures with no more than four units and up to 80% LTV. Mortgages with down payments as low as 5% (up to 95% LTV) are available only for the following owner-occupied properties: single family homes and multi-family structures up to 2 units and will require private mortgage insurance (PMI). Subject to approval of application. Monthly payment amount does not include any property taxes, and/or insurance premiums; the actual payment will be greater when such items are included. Mortgages available only to members and only in designated geographic locations. All Selfreliance FCU loan programs, rates, terms and conditions are subject to change at any time without notice. Not all applicants will qualify for the lowest Annual Percentage Rates (APR) shown. Annual Percentage Rate (APR) is based on an assessment of individual creditworthiness, occupancy and/or property type, and our underwriting standards.

Adjustable Rate Mortgage (ARM):

The 5/6, 7/6, and 10/6 ARMs offer a fixed rate for the initial period of the loan (for the 5/6 - 5 years; for the 7/6 – 7 years; for the 10/6 – 10 years) and adjust to a six-month ARM after that period. The interest rate and monthly payment may adjust every six months based on the 30-day average of the Secured Overnight Financing Rate (“SOFR”) (the index) plus a margin of 2.75 percentage points with a 5% initial change cap (2% for the 5/6 ARM), a 1% subsequent change cap, and a 5% lifetime change cap. For example, a 7/6 ARM Payment for a $100,000 80% LTV loan with a 6.375% rate and 7.329% Annual Percentage Rate (APR), based on the current market condition, the payment schedule would be: 84 payments of $624 at an interest rate of 6.375% and 276 payments at $720 at an interest rate of 8.075%.

Fixed Rate Mortgages:

The stated Annual Percentage Rates (APRs) are all based on $100,000 mortgages, except for the Fixed Rate Jumbo Portfolio Mortgages which are based on $726,200 mortgages. For example, a $100,000 15 Year Fixed Rate Purchase mortgage with an 80% LTV will have a 6.359% APR and the repayment schedule will be 180 monthly payments of approximately $850.

Home Equity Line of Credit (HELOC):

The Annual Percentage Rate (APR) will be based on the Prime Rate plus a margin of 0.25%, with a maximum APR of 18.0%. The Prime Rate is the highest Prime Rate published in the Money Rates Table of the Wall Street Journal on the last business day of each quarter. Prime is a variable rate; as it changes, the APR on your account will also change. Credit is subject to approval. A HELOC is secured by a first or second mortgage lien on your home, which must be a one-to-four family residential real estate building. This type of credit is not available for modular homes, manufactured homes or cooperatives. The minimum line of credit amount is $50,000 and the maximum amount is $250,000. The maximum combined LTV is 80%. Flood and/or property hazard insurance may be required. Other restrictions may apply. The current Prime Rate is 8.500% resulting in a current APR of 8.750%. All Selfreliance FCU loan programs, rates, terms and conditions are subject to change at any time without notice.

Auto Loan:

Not all applicants will qualify for the lowest Annual Percentage Rates (APR) shown. Annual Percentage Rate (APR) is based on an assessment of individual creditworthiness and our underwriting standards. For example, a new auto loan from the dealer for $50,000 with a 48-month term, 90% LTV (10% downpayment), and a borrower's credit score of 781, will currently have an APR of 5.99% and monthly payments of approximately $23 per $1,000. Current auto loan modification fee is $50. Auto loans are available for both new and used vehicles; models up to 4 years old may be financed up to 84-month term, models up to 7 years old may be financed up to 75-month term, models older than 7 years old may be financed up to 60 month-term. The minimum loan amount is $5,000; the maximum loan amount is $75,000. All Selfreliance FCU loan programs, rates, terms and conditions are subject to change at any time without notice.

Truck Loan:

Not all applicants will qualify for the lowest Annual Percentage Rates (APR) shown. APR will depend on individual's credit score and underwriting factors. For example, for a $100,000 new truck loan with a term of 48 months, maximum 85% LTV and a borrower's credit score of 781, will currently have an APR of 8.00% and a monthly payment of approximately $2,441. Commercial truck application fee of $450, is non-refundable. Commercial truck loans are available for both new and used vehicles, with models up to 7 years old. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice.

Secured Loan:

Savings and Certificate Accounts may be used as collateral. The Annual Percentage Rate (APR) will be the same as the underlying dividend rate plus 2.5 percentage points. Any changes in the dividend rate will automatically change the APR. Loans are secured up to the value of the securing instrument. Certificates used as collateral do not renew automatically. Maximum loan amount of $100,000 and up to 12 years when a Savings Account is used as the underlying collateral or up to the maturity date when a Certificate Account is used. All Selfreliance FCU loan programs, rates, terms and conditions are subject to change at any time without notice.

Line of Credit:

A Line of Credit loan is a personal line of credit with a term of 5 years, up to $10,000 for an individual or $20,000 for a joint account. A member can withdraw up to the maximum limit and pay off the balance any time within the 5-year term of the loan. The current Annual Percentage Rate (APR) for the Line of Credit is 11.50%. Interest is charged from date of transaction. All Selfreliance FCU loan programs, rates, terms and conditions are subject to change at any time without notice.

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