Auto, Truck & Motorcycle
|
Loan Term In Months |
Annual Percentage Rate |
Thanku Loyalty Discounts |
|
To – 24 |
6.50% |
Promotional Discount Available!
Discounts can be used individually or combined together for up to 2.00% off published rates.
|
680+ Credit Score |
-1.00% |
|
Refinance from Another Lender |
-1.00% |
|
Active Home Equity |
-1.00% |
|
College or Trade School Student |
-0.50% |
|
Active Checking or Money Market |
-0.50% |
|
New Member Discount |
-0.50% |
|
10+ Years of Membership |
-0.50% |
|
5+ Years of Membership |
-0.25% |
|
Automatic Payment Transfer |
-0.25% |
|
Payment Protection |
-0.25% |
Get Started
Payment Calculator
|
|
25 – 36 |
7.00%
|
|
37 – 48 |
7.50% |
|
49 – 60 |
7.75% |
|
61 – 72 |
8.25% |
|
73 – 841 |
8.50% |
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600.
Refinance discount only applies when refinancing a vehicle from another financial institution. Offer is not valid to refinance existing Saratoga Federal fixed rate loans. Minimum credit score of 600.
184 month term applies to new autos only.
|
|
Loan Term In Months |
Paylock Loan
Variable Rate/Fixed Payment** |
|
To – 24 |
Introductory APR* First 6 Months
0.99%
After Introductory Period
Prime + 1.00%
|
|
25 – 36 |
|
37 – 48 |
|
49 – 60 |
|
61 – 72 |
|
73 – 841 |
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600.
Members with a variable rate/fixed payment loan are eligible to convert to a fixed rate option at any time during the life of the loan. Credit union may discontinue promotion at any time.
|
Boat and RV
|
Loan Term In Months |
Annual Percentage Rate |
Thanku Loyalty Discounts |
|
To – 24 |
7.50% |
Promotional Discount Available!
Discounts can be used individually or combined together for up to 2.00% off published rates.
|
680+ Credit Score |
-1.00% |
|
Active Home Equity |
-1.00% |
|
College or Trade School Student |
-0.50% |
|
Active Checking or Money Market |
-0.50% |
|
New Member Discount |
-0.50% |
|
10+ Years of Membership |
-0.50% |
|
5+ Years of Membership |
-0.25% |
|
Automatic Payment Transfer |
-0.25% |
|
Payment Protection |
-0.25% |
Get Started
Payment Calculator
|
|
25 – 36 |
7.50% |
|
37 – 48 |
7.50% |
|
49 – 60 |
7.75% |
|
61 – 72 |
8.00% |
|
73 – 84 |
9.00% |
|
85 – 120+ |
9.50% |
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600.
College or Trade School Student is defined as anyone currently enrolled in any college or trade school regardless of the term of the enrollment. New member is defined as someone who is not a member of the credit union. Date of application for the loan must be on or before the date of membership.
+120 month term applies to new boats/RVs only.
|
|
Loan Term In Months |
Variable Rate Fixed Payment** |
|
To – 24 |
Introductory APR* First 6 Months
4.50%
After Introductory Period
Prime + 3.00%
|
|
25 – 36 |
|
37 – 48 |
|
49 – 60 |
|
61 – 72 |
|
73 – 84 |
|
85 – 120 |
|
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600.
Members with a variable rate/fixed payment loan are eligible to convert to a fixed rate option at any time during the life of the loan. The credit union reserves the right to discontinue promotion at anytime. Must be credit qualified. Minimum credit score of 600.
|
Outdoor Activity
|
Loan Term In Months |
Annual Percentage Rate |
Thanku Member Loyalty Discounts |
|
To – 24 |
9.00% |
Promotional Discount Available!
Discounts can be used individually or combined together for up to 2.00% off published rates.
|
680+ Credit Score |
-1.00% |
|
Active Home Equity |
-1.00% |
|
College or Trade School Student |
-0.50% |
|
Active Checking or Money Market |
-0.50% |
|
New Member Discount |
-0.50% |
|
10+ Years of Membership |
-0.50% |
|
5+ Years of Membership |
-0.25% |
|
Automatic Payment Transfer |
-0.25% |
|
Payment Protection |
-0.25% |
Get Started
Payment Calculator
|
|
25 – 36 |
9.00% |
|
37 – 48 |
9.25% |
|
49 – 60 |
9.50% |
|
Rates apply to new or used fixed rate loans and are published with the highest possible rate. Member Loyalty Discounts may be used individually or combined to discount rates up to 2.00% off the published rates. Sample payment based on a 24 month Outdoor Activity Vehicle Loan at 7.00% APR* is $44.78 per $1,000 and includes all discounts available. The credit union reserves the right to discontinue promotion at anytime. Must be credit qualified. Minimum credit score of 600.
|
|
Loan Term In Months |
Variable Rate Fixed Payment** |
|
To – 24 |
Introductory APR* First 6 Months
4.50%
After Introductory Period
Prime + 4.00%
|
|
25 – 36 |
|
37 – 48 |
|
49 – 60 |
|
*Annual Percentage Rate
Members with a variable rate/fixed payment loan are eligible to convert to a fixed rate option at any time during the life of the loan. The credit union reserves the right to discontinue promotion at anytime. Must be credit qualified. Minimum credit score of 600.
|
|
Loan Term In Months |
Fixed Rate APR* |
|
|
To – 24 |
10.00% |
Promotional Discount Available!
Discounts can be used individually or combined together for up to 2.00% off published rates.
|
680+ Credit Score |
-1.00% |
|
Active Home Equity |
-1.00% |
|
College or Trade School Student |
-0.50% |
|
Active Checking or Money Market |
-0.50% |
|
New Member Discount |
-0.50% |
|
10+ Years of Membership |
-0.50% |
|
5+ Years of Membership |
-0.25% |
|
Automatic Payment Transfer |
-0.25% |
|
Payment Protection |
-0.25% |
Get Started
Payment Calculator
|
|
25 – 36 |
13.00% |
|
37 – 48 |
14.00%
|
|
49 – 60 |
14.00% |
|
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600.
|
|
Loan Term In Months |
Variable Rate Fixed Payment** |
|
To – 24 |
Introductory First 6 Months
4.50%
After Introductory Period
Prime + 6.00%
|
|
25 – 36 |
|
37 – 48 |
|
49 – 60 |
|
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600.
|
STUDENT & EDUCATIONAL LoanS
|
|
Annual Percentage Rate*** |
|
Undergraduate Student Loan Programs |
Click for Details |
Student Loan Refinance Program
Consolidate Existing Student Loans |
Click for Details |
|
Tuition Loan
Daycare, Private Schools, Trade Schools, 2 or 4 Year College/University
|
Prime + 2.00% |
|
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600. |
ECASH (Overdraft Protection)
|
|
Annual Percentage Rate*** |
|
Revolving |
Prime + 6.00% |
|
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600.
|
Savings Secured Loan
|
|
Annual Percentage Rate |
|
Up to 60 Months |
Share Rate + 1.50%
|
|
NO MINIMUM CREDIT SCORE, NO EMPLOYMENT VERIFICATION, NO INCOME REQUIREMENT.
Sample payment based on a 60 month term at 1.55% APR* is $17.34 per $1,000.
|
Savings Secured Line of Credit
|
|
Annual Percentage Rate |
|
Revolving |
Share Rate + 1.50% |
|
NO MINIMUM CREDIT SCORE, NO EMPLOYMENT VERIFICATION, NO INCOME REQUIREMENT.
Variable Rate: This plan has a variable rate feature and the annual percentage rate (corresponding to the periodic rate) and the minimum payment may change as a result. The annual percentage rate can change monthly and is based on the index plus a margin. As of 12/31/2022 the Share Rate was 0.05% APR (Annual Percentage Rate). The rate will be adjusted on the last day of every month plus the margin.
|
Certificate of Deposit Secured Loan
|
Term |
Annual Percentage Rate |
|
Certificate Term |
Certificate Rate + 3.00% |
|
NO MINIMUM CREDIT SCORE, NO EMPLOYMENT VERIFICATION, NO INCOME REQUIREMENT.
|
Home Equity Line of Credit
|
Term |
Maximum Amount |
Annual Percentage Rate |
|
Term: Up to 20 Years
Draw Period: 10 Years
(included in repayment term)
|
80% Loan to Value (CLTV)
|
Introductory Period
First 12 Months
5.50%
After Introductory Period
Prime + 1.00%
POSTED RATE APPLIES TO ALL CREDIT SCORES ABOVE 600.
|
|
Term: Up to 20 Years
Draw Period: 10 Years
(included in repayment term)
|
100% Loan to Value (CLTV) |
Prime + 2.50%
POSTED RATE APPLIES TO ALL CREDIT SCORES ABOVE 660.
|
|
Not to exceed $250,000.00
The credit union reserves the right to discontinue promotion at anytime.
Variable Rate: This plan has a variable rate feature and the annual percentage rate (corresponding to the periodic rate) and the minimum payment may change as a result. The annual percentage rate can change monthly and is based on the index plus a margin.
|
Home Equity Loan
|
Term |
Fixed Annual Percentage Rate |
Maximum Amount |
Up to 5 Years
|
6.99%
|
80% Loan to Value (CLTV)
POSTED RATE APPLIES TO ALL CREDIT SCORES ABOVE 600.
|
5 to 10 Years
|
6.99%
|
10 to 15 Years
|
6.99%
|
Up to 20 years
|
9.75%
|
100% Loan to Value (CLTV)
POSTED RATE APPLIES TO ALL CREDIT SCORES ABOVE 660.
|
|
Not to exceed $250,000.00
Sample payment per $1,000, based on a 5 year Home Equity Loan at 6.99% APR* and 80% Loan to Value (CLTV) is $19.80. Sample payment per $1,000, based on a 20 year Home Equity Loan at 9.75% APR* and 100% Loan to Value (CLTV) is $9.49.
|
Home Improvement
|
Loan Term in Months |
Annual Percentage Rate |
Thanku Loyalty Discounts |
|
To - 36 |
8.25% |
Promotional Discount Available!
Discounts can be used individually or combined together for up to 2.00% off published rates.
|
680+ Credit Score |
-1.00% |
|
Active Home Equity |
-1.00% |
|
College or Trade School Student |
-0.50% |
|
Active Checking or Money Market |
-0.50% |
|
New Member Discount |
-0.50% |
|
10+ Years of Membership |
-0.50% |
|
5+ Years of Membership |
-0.25% |
|
Automatic Payment Transfer |
-0.25% |
|
Payment Protection |
-0.25% |
|
|
37 - 48 |
8.50% |
|
49 - 60 |
8.75% |
|
61 - 72 |
9.00% |
|
73 - 84 |
10.25% |
|
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600.
Member Loyalty Discounts may be used individually or combined to discount rates up to 2.00% off the published rates. Sample payment based on a 36 month Home Improvement Loan at 6.25% Annual Percentage Rate is $30.54 per $1,000 and includes all discounts available. The credit union reserves the right to discontinue promotion at anytime. Must be credit qualified. Minimum credit score of 600.
|
|
Loan Term in Months |
Maximum Amount |
Annual Percentage Rate |
|
Up to 20 Years |
133% Loan to Value (CLTV) |
11.00% |
|
RATE APPLIES TO ALL CREDIT SCORES ABOVE 660.
|
Mortgage
|
|
Annual Percentage Rate |
|
Mortgage Programs
Conventional Mortgages
Adjustable Rate Mortgages (ARM)
Federal Housing Administration (FHA)
Veteran Affairs (VA)
United States Department of Agriculture (USDA)
|
Rates Calculator
Receive a Personalized Quote Today!
|
Teacher ASSISTANCE LOAN
|
Loan Term In Months |
Fixed Rate APR* |
|
9 Months |
0.00% |
|
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600.
|
Auto Loans
Our goal is to help people in our community by making financial services and borrowing more affordable for all. At Saratoga Federal, everyone gets the same rate regardless of credit score. You won't find that philosophy anywhere else.
We're so much more than a great rate.
-
Credit Scores of 600+ Welcome
-
Same Rate for All Credit Scores
-
Same Rate for New & Used Vehicles
-
No Vehicle Age or Mileage Restrictions
-
No Payments for 60 Days
-
Skip-a-Pay when you are Short on Cash*
Already have an auto loan at another financial institution, no problem! Refinance today and we may be able to lower your monthly payment.
The Application Process
1. Get started by filling out our online application or visiting one of our branches.
2. Get preapproved. We will process your application and notify you when your preapproval is completed, usually the same day.
3. Finalize the deal, send us the purchase agreement and sign the loan documents online using Docusign or stop by the branch.
4. We will cut you a check to purchase your new vehicle.
Apply
Resources
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Your credit union wants to ensure that you and your loans are protected. Protect your family and lessen the burden of making your loan payments should you become unemployed, disabled or lose your life with Debt Protection.
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With discounts for credit union members, the TruStage Auto Insurance Program could save you money. It’s easy to get a quote and make the switch—even if you’re already covered with another company, you won’t lose a penny.
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Securely pay your loan using a debit card or e-check from another bank or credit union.
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Vehicles and Boats for Sale
Please refer to TCAR for terms and details, http://www.tcar-recovery.com/.