When you are looking for excellent rates on loan products, look no further. Luso American Credit Union have the competitive rates you are looking for.
Rates quoted are accurate as of December 3, 2024.
Auto Loans
Interest rate for all auto loans will be based on the applicants' credit score and can be as low as 6.00% APR*
| Type | APR* |
|---|---|
| Motorcycle & RV Loans | 3% above appropriate Auto Loan rate |
| Boat Loans | 3% above appropriate Auto Loan rate |
*Annual Percentage Rate
| Type | APR* |
|---|---|
| Share Secured Loans | 2% above interest rate on share account used as security |
| Overdraft Protection | 14.00% APR* |
*Annual Percentage Rate These are variable rate products. The interest rate can change after the loan is opened.
Rates quoted are accurate as of December 3, 2024.
Personal Unsecured Loans
Interest rate for all Personal Loan will be based on the applicants' credit score and can be as low as 7.90% APR*
Maximum Loan Amount is $9,500.00
Visa
Interest rate for all Visa Credit Cards will be based on the applicants' credit score and can be as low as 11.74% APR*
*Annual Percentage Rate This is a variable rate product. The interest rate can change at any time even after the credit card line is opened.
Rates quoted are accurate as of December 3, 2024.
| Type | APR* | Interest Rate | Payment Amount per $1,000 borrowed |
Points |
|---|---|---|---|---|
| 30 Year | 7.002% | 7.000% | $6.65 | 0 |
| 30 Year | 6.724% | 6.625% | $6.40 | 1 |
| 30 Year | 6.317% | 6.125% | $6.08 | 2 |
| 15 Year | 6.753% | 6.750% | $8.85 | 0 |
| 15 year | 6.536% | 6.375% | $8.64 | 1 |
| 15 year | 6.192% | 5.875% | $8.37 | 2 |
Rates quoted are accurate as of December 3, 2024.
| Type | APR* | Interest Rate | Payment Amount per $1,000 borrowed |
Points |
|---|---|---|---|---|
| 30 Year | 7.002% | 7.000% | $6.65 | 0 |
| 30 Year | 6.724% | 6.625% | $6.40 | 1 |
| 30 Year | 6.317% | 6.125% | $6.08 | 2 |
| 15 Year | 6.753% | 6.750% | $8.85 | 0 |
| 15 Year | 6.536% | 6.375% | $8.64 | 1 |
| 15 Year | 6.192% | 5.875% | $8.37 | 2 |
*Annual Percentage Rate
Rates quoted are accurate as of December 3, 2024.
| Type | APR* | Interest Rate | Payment Amount per $1,000 borrowed | Points |
|---|---|---|---|---|
| 20 Year | 7.252% | 7.250% | $7.90 | 0 |
| 15 Year | 7.002% | 7.000% | $8.99 | 0 |
*Annual Percentage Rate
Home Equity Line of Credit
- 7.75% APR1 (no minimum balance required)
- 0.25% reduction in rate for checking account
- 0.25% reduction in rate for $25,000 initial draw and maintain balance for 6 months.
Special Home-Equity Rate as low as 5.750%2 restrictions apply3
1 Prime rate as published in the Wall Street Journal on the last business day of each month. This is a variable rate product. Interest rate will fluctuate with the Prime Rate throughout the term of the loan. The maximum rate charged will not exceed 18.00%.
2 Prime rate as published in the Wall Street Journal on the last business day of each month minus 2.00% with a floor rate 5.00%.
3 Maximum combined LTV of property cannot exceed 70%.
4 Minimum initial draw of $25,000
5 New money