Rates

¹ Introductory Rate for the first 6 months. After 6 months, Prime Rate minus 0.50% for the life of the loan. Prime Rate: 6.750%. Annual Percentage Rate is based on a $100,000 loan amount, unless otherwise noted. Rate is variable. Fees vary and are due at application.

Home Equity Policy: Up to a maximum 90% Loan to Value (LTV). HELOC Policy: (10) Year Draw Period / (10) Year Repay Period. Exceptions to maximum amount are reviewed/approved by CEO based on member relationship. Certified appraisal required – appraisal fee paid by member; LFCU must retain the first position mortgage on HELOCs over 80% LTV or a CAP of $25,000 total HELOC amount applies; all fees covered by borrower on Home Equity loans outside the State of Massachusetts.

²APR will vary depending on loan terms. APR: Annual Percentage Rate is based on a $10,000 loan amount, unless otherwise noted. REQUIRED – $75 VSI insurance fee on all vehicle loans; $100 VSI insurance fee on commercial vehicle loans. Business vehicle annual percentage rates available upon request; rate is equal to 2.00% above quoted rates; term may be extended to a maximum of 10 years. GAP Insurance available.

³APY: Annual Percentage Yield. Relationship Special – 3.30% APY without direct deposit or 10-year plus membership. This account is subject to early withdrawal penalties.