When you’re looking for excellent rates on loan products, look no further – Somerville’s CU has the competitive rates you’re looking for.
Rates Effective:
All Rates Subject to Change.
| Type of Loan | APR* as low as |
|---|---|
| Share Secured | 2.05% |
| Signature to $15,000 | 11.99% |
| Holiday/Vacation to $3,000 | 7.99% |
| Debt Consolidation Loan to $15,000 | 10.99% |
| Overdraft Loan | 14.99% |
| Info |
|---|
| LendKey guidelines and rates apply (refer to LendKey Student Loan links). |
| Term | Maximum Amount | APR* as low as |
|---|---|---|
| Up to 84 months | $80,000 maximum ($30,000 min for 72-84 mos) |
8.49% |
| Up to 72 months | 6.49% |
Full insurance coverage required.
| Term | Maximum Amount | APR* as low as |
|---|---|---|
| Up to 72 months | $60,000 maximum ($30,000 min for 72 mos) |
7.49% |
Full insurance coverage required.
| Term | Maximum Amount | APR* as low as |
|---|---|---|
| Up to 72 months | $40,000 ($30,000 min for 72 mos) |
8.49% |
Full insurance coverage required.
| Term | Maximum Amount | APR* as low as |
|---|---|---|
| Please call for rates | ||
Full insurance coverage required.
| Info |
|---|
| The rate is zero percent (0%) but terms vary depending on loan type and amount chosen, contact credit union for details. |
| Type | APR* as low as |
|---|---|
| Blended HELOC^ | 5.99% |
| Info | Rates |
|---|---|
| Contact Credit Union for Most Current Market Rates. | View Rates |
^Max HELOC $250K, combined LTV up to 80%. Appraisal, recording and fees paid by the borrower. Unless specified, rates are variable and adjust monthly; terms up to 15 years. 100% LTV HELOC program available at higher rate (call for details).
- 110% MSRP Plus (taxes, warranty, insurance) for new autos
- 100% NADA Plus, (taxes, warranty, insurance) for used autos
- Maximum mileage exceptions ( > 100,000 are allowed depending on year (2009 or newer), LTV (<75%) and credit quality (A,B,C,D). Add 2% to applicable rate
- Recreation Vehicles/Boats/Motorcycles, add 3% over car loan rates. Max 80% LTV, 48 Mo max term
- Dealership owned demos with less than 5,000 miles never registered can be considered new, any registered vehicle regardless of mileage cannot be considered new
- Only unsecured loans of $10,000 and greater qualify for 5 year maximum term
- C & D credit quality applicants are not eligible for Personal Lines of Credit
- Heat loans must have Mass Save Certification
- Debt consolidation loan checks must be made payable to creditor(s)
- Full insurance with maxium $500.00 deductible required on collateralized loans.
- Share and CD secured loans: 2% higher than dividend rate
- D Credit must be paid by auto pay
*APR = Annual Percentage Rate
