When it comes to saving money, one of the biggest no-brainers is to move debt from a higher interest rate to a lower one! And whether you're looking to lighten your burden from credit card balances or other loans, we have the solutions. CFCU also offers high-yield certificate rates so you can build up your savings, too! Give us a call at 607-257-8500, visit any branch, or apply online.
Second Chance Mortgages*
(purchases or refinances)
4.375% APR 10- or 15-year fixed rate
5.125% APR 20- or 30-year fixed rate
Second Chance Commercial Mortgages**
5.00% APR Fixed rate for 12 years
Visa Balance Transfer***
7.9% APR For the life of the transfer to
your CFCU Platinum Visa
Home Equity Special†
4.9% APR For five years
5.9% APR For 10 years
Auto Loan Special‡
5.25% APR 2007 and newer, up to 72 months
Certificate or IRA Certificate Bonus Rates§
1.51% APY 10 months, $500 minimum
1.77% APY 20 months, $500 minimum
2.27% APY 50 months, $500 minimum
1.64% APY 10 months, $25,000 minimum
1.89% APY 20 months, $25,000 minimum
2.40% APY 50 months, $25,000 minimum
2.02% APY 10 months, $100,000 minimum
2.27% APY 20 months, $100,000 minimum
2.79% APY 50 months, $100,000 minimum
APR = Annual Percentage Rate.
APY = Annual Percentage Yield.
*Second Chance Mortgages — Rates good through 1/30/11. To earn the special rate, you must have or open a Premiere Checking account with autopay. Rate without Premiere Checking is market interest rate. No closing costs with 3-year recapture. Please contact the Credit Union to obtain a list of closing costs that are covered by this promotion. 80% maximum loan-to-value for refinances; 90% maximum loan-to-value for purchases. Loans made based on the lower of purchase price or appraised value of property to be mortgaged. $500 application fee refunded at closing, single-family, owner-occupied residential properties only. Payment per $1,000 at 4.375% for 180 months = $7.59. Payment per $1,000 at 51.25% for 360 months = $5.44. No refinances of CFCU loans allowed. Manufactured homes may be approved by exception only.
**Second Chance Commercial Mortgages — Rates good through 1/31/11. Credit requirements apply. To earn special rate, you must have or open a Premiere Business Checking account with autopay. Five-year recapture on all closing costs paid by CFCU. 70% maximum loan to value. $750 nonrefundable application fee for residential rental properties, or $1,500 nonrefundable for commercial buildings. $1,000 rate lock-in fee (refunded at closing). Payment per $1,000 at 5.00% for 144 months = $9.26. No refinances of CFCU loans allowed. Must be closed by CFCU attorney. All loan applications are subject to approval. Note: CFCU will pay the cost associated on the first $250,000, excluding environmental phase 1 or 2, and filing fees on mortgages that exceed $250,000.
***Visa Balance Transfer — Annual Percentage Rate is good for the life of the transfer from another credit card only. You must have or open a Premiere Checking account with direct deposit and auto pay. Balance transfers will be treated as cash advances according to the terms set forth in the CFCU VISA Credit Card Agreement. All other terms of the CFCU VISA Agreement continue to apply. Offer expires 3/31/11.
†Home Equity Special — Rates good through 3/31/11. No closing costs with 3-year recapture, 85% maximum loan-to-value, owner-occupied only. Payment per $1,000 at 4.9% for 60 months = $18.83. Payment per $1,000 at 5.9% for 120 months = $11.05. No refinancing of CFCU loans allowed. You must have or open a Premiere Checking account with auto pay. Regarding tax deductibility of interest, please consult your tax adviser for details.
‡Auto Loan Special — Rates good through 2/28/11. No additional discounts allowed. You must have or open a Premiere Checking account with direct deposit and auto pay. Credit score of 700+ to qualify; loan-to-value maximum based on credit score. For terms over 60 months minimum finance amount is $13,000. Payment per $1,000 at 5.25% for 72 months = $16.22. Other rates and terms available. No refinancing of CFCU loans allowed.
§Certificates — APYs shown here are available through 1/31/11. To earn special rate, you must have or open a Premiere Checking account. APY assumes dividends will remain on deposit. Withdrawal of dividends and/or fees may reduce earnings.
The Credit Union reviews every loan application to ensure fairness and compliance to CFCU policy.
