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University Credit Union Loan Rates

University Credit Union offers affordable and convenient credit as one of the primary benefits of membership. Our Loan Department is staffed by professional loan officers who are committed to offering you the best rates, the fastest service and the most convenient selection of loan options. Just give them a call at (310) 477-6628 to discuss any of your borrowing needs or for full details on any loan.

Rates and terms are effective as of April 1, 2014 and subject to change without notice.

Jump to rates: Real Estate (Home Equity and Mortgages)
Personal Loans : : Personal Line of Credit : : MasterCard
Motor Homes : : Recreational Vehicles


Consumer Loans

New Car Loans
2013 - 2014
Annual Percentage Rate
as low as
Repayment Term
(in Months)
Monthly Payment
per $1,000
Up to 125% Financing 1.99%
2.49%
2.99%
60
72
84*
$17.52
$14.97
$13.21
  APRs quoted include a discount for automatic repayment. If automatic payment not used, 0.50% will be added to the loan rate.

The actual rate, length of repayment and amount financed you may receive is determined by a combination of factors, including credit qualifications, credit score, loan amount, collateral, down payment and terms. Rate maximum can be 18.00% APR, depending on credit review.

Maximum loan amount: $75,000. Cars must be purchased, titled and registered in California.

* 84 months for loans of $25,000 or more.

 
Do you have challenged credit but still need a car loan? UCU has alternative financing options. Check out our Auto Loan Solutions page and then apply for your next car loan with UCU.
Used Car Loans
2007-2014

Annual Percentage Rate
as low as
Repayment Term
(in Months)
Monthly Payment
per $1,000
Up to 125% Financing 2.49%
2.99%
3.49%

60
72
84*
$17.75
$15.19
$13.44
  APRs quoted include a discount for automatic repayment. If automatic payment not used, 0.50% will be added to the loan rate.

The actual rate, length of repayment and amount financed you may receive is determined by a combination of factors, including credit qualifications, credit score, loan amount, collateral, down payment and terms. Rate maximum can be 18.00% APR, depending on credit review.

Financing includes private party, dealership purchases, demonstration models and refinances. Maximum loan amount: $75,000. Financing based on Kelley Blue Book retail or wholesale values plus tax, license and warranties. Cars must be purchased, titled and registered in California.

* 84 months for loans of $25,000 or more.

 
Do you have challenged credit but still need a car loan? UCU has alternative financing options. Check out our Auto Loan Solutions page and then apply for your next car loan with UCU.
Recreational Vehicles
(Boats, Personal Watercraft, Motorcycles, Travel Trailers, Tent Trailers)
Annual Percentage Rate Repayment Term
(in Months)
Monthly Payment
per $1,000
New Vehicle (2013-2014) 9.00% 72 $18.04
  Maximum loan: $50,000. 100% financing up to MSRP (plus tax, license and warranties). Repayment terms determined by Credit Manager.


Used Vehicle (2007-2014) 9.75% 72 $18.41
  Maximum loan: $50,000. Financing up to 100% Book value. Repayment terms based on cost and age of vehicle.

Motor Homes Annual Percentage Rate Repayment Term
(in Months)
Monthly Payment
per $1,000
New Vehicle (2013-2014) 8.85% 72 $17.96
  Maximum loan: $50,000. 100% financing up to MSRP (plus tax, license and warranties). Repayment terms determined by Credit Manager.


Used Vehicle (2007-2014) 9.50% 72 $18.29
  Maximum loan: $50,000. Financing up to 100% Book value. Repayment terms based on cost and age of vehicle.

Personal Loan Annual Percentage Rate Repayment Term
(in Months)
Monthly Payment
per $1,000
Personal Loan 9.95% 60 $21.23
Computer Loan 9.95% 60 $21.23
Share-Secured Loan 5.99% 60 $19.33
 
Maximum for all unsecured credit: $20,000. Computer Loan: Minimum $500; Maximum $10,000. Share Loan: Regular Shares used as loan collateral.


Personal Line of Credit Annual Percentage Rate Terms
6.83% Variable rate. Maximum credit limit: $20,000

Rates are based on the 6-month discount T-bill auction rate set on the second Monday of the month prior to each quarterly change, plus a margin. Rates are subject to change quarterly (January 1, April 1, July 1 and October 1). The auction rate for this quarter is 0.08%. The margin is 6.75%. The rate ceiling on this loan is 12.00% APR.

Overdraft Protection 6.83% Variable rate. Maximum credit line: $5,000. Line of Credit covers overdrawn checks.

Rates are based on the 6-month discount T-bill auction rate set on the second Monday of the month prior to each quarterly change, plus a margin. Rates are subject to change quarterly (January 1, April 1, July 1 and October 1). The auction rate for this quarter is 0.08%. The margin is 6.75%. The rate ceiling on this loan is 12.00% APR.


MasterCard: Platinum 7.11%* Variable Rate. APR may vary. No Annual Fee.


*APR=Annual Percentage Rate. Subject to credit review. Variable rates are based on the 6-month discount T-bill auction rate set on the last Monday of the second month prior to each semi-annual change, plus a margin (e.g., a January change would use the T-bill rate auction of the last Monday of November). Rates are subject to change semi-annually (January 1 and July 1). The auction rate for this period is 0.11%. The margin is 7.00%.

MasterCard: Gold 11.99%* No Annual Fee.


*APR=Annual Percentage Rate. Subject to credit review.

MasterCard: Classic 15.96%* Annual fee waived the first year; $15 thereafter.

*APR=Annual Percentage Rate. Subject to credit review.

Real Estate Loans

Home Equity Line of Credit 12-Month Intro APR Current APR
Interest Only Option

Standard
3.25%**

3.25%**
5.00%

5.00%
  Variable-Rate Home Equity Line of Credit. 70% Combined Loan-to-Value ratio (CLTV).

$20,000 minimum and $150,000 maximum loan amount. Single family, owner-occupied detached dwelling or condo/townhouse.
  **Introductory rates are for 12 months. At the end of the introductory rate period, the rate will convert to the non-discounted variable annual percentage rate schedule, currently at 5.00% APR (and, based on this rate, has a maximum rate of 11.00% APR) for 70% CLTV. Rates are based on the 6-month discount T-bill auction rate set on the second Monday of the month prior to each quarterly change, plus a margin. Rates are subject to change quarterly (January 1, April 1, July 1 and October 1). The auction rate for this quarter is 0.08%. The margin is 3.75%. Minimum floor rate is 5.00% APR. Some restrictions may apply. Call for full details.

Equity Plus Home Equity Line of Credit Variable-Rate APR
90% CLTV*



6.33%

  Variable-Rate Home Equity Line of Credit.
*90% Combined Loan-to-Value ratio (CLTV).

Maximum loan amount is $50,000. Single family, owner-occupied detached dwelling or condo/townhouse.
  Rates are based on the 6-month discount T-bill auction rate set on the second Monday of the month prior to each quarterly change, plus a margin. Rates are subject to change quarterly (January 1, April 1, July 1 and October 1). The auction rate for this quarter is 0.08%. The margin is 6.25%. Current rate of 6.33% has a maximum rate of 12.33% APR. Some restrictions may apply. Call for full details.

Second Trust Deed Loan Annual Percentage Rate Repayment
Terms
Monthly Payment
per $10,000
5.75%
6.00%
6.50%
10 Years
15 Years
20 Years
$109.79
$84.41
$74.58
 
70% CLTV. $20,000 minimum and $150,000 maximum loan amount.

Single family, owner-occupied detached dwelling or condo/townhouse.


Second Trust Deed
90% CLTV

8.25%

10 Years

$122.66
 
Maximum loan amount is $50,000. Maximum Combined-Loan-to-Value of 90%.

Single family, owner-occupied detached dwelling or condo/townhouse.




First Mortgage Loans
Purchases and Refinances
Call UCU for today's current rates.

Mortgage Loan Contacts:
Please call a UCU Real Estate Loan Representative for information at (310) 477-6628, ext. 2304 during regular business hours.


All Real Estate Loans (except Mortgage Purchase Loans) are available only to members residing in California and on primary member residences (single-family, owner-occupied detached dwellings, condos, or townhouses) in the following counties: Los Angeles, Orange, Ventura, San Bernardino, Riverside and San Diego. Mortgage Purchase Loans are available throughout California and are processed by CUSO Mortgage under contract with the Credit Union. Loans are issued subject to credit approval and equity requirements.


APR=Annual Percentage Rate. All loans are available only to members residing in California. Rates are subject to change without notice. Loan issued subject to credit review. Contact UCU for complete details.

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Your savings federally insured to at least $250,000 through the National Credit Union Administration (a U.S. Government Agency) and backed by the full faith and credit of the United States Government.
Your savings federally insured to at least $250,000 through the National Credit Union Administration (a U.S. Government Agency) and backed by the full faith and credit of the United States Government.
University Credit Union is an Equal Housing Lender.
University Credit Union is an Equal Housing Lender.

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