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LOAN RATES & FEES


Rates effective 10/01/2020

To download our Truth In Savings Disclosures and Rate and Fees Schedule, please click here.

Personal Loans
Type Terms APR*
Line of Credit 48 Months 9.00 – 13.50%
MasterCard N/A 7.50 – 16.50%
Signature up to 60 months* 7.50 – 17.00%
Savings Secured - $500 to $10,000 60 Months Share + 3%
Savings Secured - $10,001 and up 60 Months Share + 2%
Certificate Secured - $1,000 - $10,000 48 Months Term + 3%
Certificate Secured - $10,001 and up 48 Months Term + 2%

* The Annual Percentage Rate (APR) you receive for the indicated loan type will be within the range disclosed and is based on various credit-worthiness criteria. See our MasterCard Credit Card Agreement and MasterCard Application and Solicitation Disclosure forms. You may apply for a loan with our online loan application/request here or you are welcome to come by one of our locations.

Examples of how loans are calculated:

  • Signature Loan - $5,000 at 8% APR for 60 months is $101.38 per month
  • Share Secured Loan - $5,000 at 3.1% APR for 60 months is $90.07 per month
  • Term Share Secured Loan - $5,000 at 3.45% APR for 60 months is $90.85 per month
  • Holiday Loan - $5,000 at 6.00% APR for 12 months is $430.29

We have more loan options! Ask a Loan Officer for details. 

Real Estate Loans

 

TYPE TERM INTEREST RATE* APR*
PURCHASE/REFINANCE
90% Loan to Value 30-Year Fixed Rate 3.00% 3.117%
  15-Year Fixed Rate 2.50% 2.711%
  10-Year Fixed Rate 2.50% 3.105%
95% Loan to Value 30-Year Fixed Rate 3.25% 3.368%
  15-Year Fixed Rate 2.75% 3.963%
  10-Year Fixed Rate 2.75% 2.854%
 
HOME EQUITY
80% Loan to Value 20-Year Fixed Rate 4.15% 4.323%
  15-Year Fixed Rate 4.00% 4.234%
  10-Year Fixed Rate 3.75% 4.067%
  5-Year Fixed Rate 3.50% 4.106%
 
HOME EQUITY LINE OF CREDIT
80% Loan to Value 20 Years** 4.75% 4.823%
 
HOME IMPROVEMENT
90% Loan to Value 10-Year Fixed Rate 6.25% 6.361%
  5-Year Fixed Rate 5.99% 6.199%
 
SECOND HOME
80% Loan to Value 30-Year Fixed Rate 4.00% 4.123%
  15-Year Fixed Rate 3.25% 3.464%
  10-Year Fixed Rate 3.00% 3.310%

Additional mortgage products offered:

  • Construction Loan/ Construction to Permanent Loan
  • Purchase Plus Improvements
  • Townhome/Condominium
  • Manufactured Home w/land
  • Land Loan

For more information, please contact us at realestatedept@bvscu.org or at 281-391-2149.

*The interest rate and Annual Percentage Rate (APR) you receive for the indicated loan type will be based on various credit-worthiness criteria. All loans are subject to credit approval.

Note: The following payment examples do not include taxes and insurance:

  • Purchase/Refinance: 30 Year 1st Lien Home Loan at 3.00% APR is $42.16 per every $10,000 financed
  • Home Equity: 20 Year Home Equity Loan at 4.15% APR is $61.39 per every $10,000 financed
  • HELOC: 20 Year HELOC at 4.75% is $77.78 APR per every $10,000 financed
    • **During a 20 Year Home Equity Line of Credit Loan, the first 5 years you pay interest only.
  • Home Improvement: 10 Year Home Improvement Loan at 6.75% APR is $114.82 per every $10,000 financed
  • Second Home: 30 Year 1st Lien Home Loan at 4% APR is $47.14 per every $10,000 financed

BVSCU makes loans without regard to race, color, religion, national origin, sex, handicap or familial status. Below are the names of our Real Estate Team and their NMLS License Holder Numbers. To contact any of them, just click on their name.

Vehicle Loans
Type APR* Terms
New Vehicles
 2020 New Vehicles 1.99% – 12.99% Up to 48 Months
  1.99% – 12.99% Up to 54 Months
  2.24% – 13.24% Up to 60 Months
  2.49% – 13.49% Up to 72 Months
  2.74% – 13.74% Up to 84 Months
Used Vehicles
2019 Used Vehicles  1.99% – 12.99% Up to 48 Months
  2.24% – 13.24% Up to 72 Months
2018 Used Vehicles  1.99% – 12.99% Up to 48 Months
  2.24% – 13.24% Up to 60 Months
2017 Used Vehicles  2.24% – 13.24% Up to 48 Months
  2.49% – 13.49% Up to 60 Months
2016 Used Vehicles  2.49% – 13.49% Up to 48 Months
  2.74% – 13.74% Up to 60 Months
2015 Used Vehicles  2.74% – 13.74% Up to 54 Months
2013-2014 Used Vehicles  2.99% – 13.99% Up to 48 Months

 

* The Annual Percentage Rate (APR) you receive for the indicated loan type will be within the range disclosed and is based on various credit-worthiness criteria. You may apply for a loan with our online loan application/request here or you are welcome to come by one of our locations.

For example, the payment for a $25,000 auto loan at 2.24% APR for 60 months would be $440.82

Recreation Vehicle Loans

*The Annual Percentage Rate (APR) you receive for the indicated loan type will be within the range disclosed and is based on various credit-worthiness criteria. You may apply for a loan here or you are welcome to stop by one of our locations. Maximum Loan to Value is 90% of purchase price or NADA Retail Value.

TYPE TERMS APR*
BOATS, TRAVEL TRAILERS, CAMPERS
Boats, Travel Trailers, Campers – 1 year old & current year 60 Months 4.25 – 5.75%
Boats, Travel Trailers, Campers – 2 years old 54 Months 4.25 – 5.75%
Boats, Travel Trailers, Campers – 3 years old 48 Months 4.25 – 5.75%
Boats, Travel Trailers, Campers – 4 years old 42 Months 4.25 – 5.75%
Boats, Travel Trailers, Campers – 5 years old 36 Months 4.25 – 5.75%
 
NEW MOTORHOMES
New Motorhomes 180 Months 5.00 – 5.75%
 
USED MOTORHOMES
USED Motorhomes 180 Months 5.00 – 5.75%
 
MOTORCYCLES
Motorcycles* 48 Months 9.00 –15.25%

*Special financing on motorcycles for law enforcement officers. Check at any BVSCU office for details.

Examples of how loans are calculated are:

  • Boat, Travel Trailer, or Camper Loan - $40,000 at 3.75% APR for 60 months is $732.12 monthly
  • Motorhome Loan - $65,000 at 5.00% APR for 180 months is $514.21 monthly
  • Motorcycle Loan - $15,000 at 9.00% APR for 48 months $373.22 monthly