Auto, Truck & Motorcycle
|
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.
|
|
Loan Term In Months |
Annual Percentage Rate |
Thanku Discounts |
|
To – 24 |
5.50% |
Promotional Discounts Available!
Discounts can be used individually or combined together for up to 3.00% off published rates.
|
Automatic Payment Transfer |
-0.25% |
|
5+ Years of Membership |
-0.25% |
Currently employed in any of the following professions or industries:
Convenience & Grocery Store
Educational Employee
Healthcare Industry
Medical Professionals
Real Estate Professionals |
-0.25% |
|
Active College or Trade School Student |
-0.50% |
|
Active Checking Account |
-0.50% |
|
Active Real Estate Loan |
-1.00% |
|
680+ Credit Score |
-1.00% |
Payment Calculator
|
|
25 – 36 |
6.00% |
|
37 – 48 |
6.50% |
|
49 – 60 |
6.75% |
|
61 – 72 |
7.25% |
|
73 – 841 |
7.50% |
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600.
Active Educational Employee is defined as anyone currently employed by a school district regardless of position or title. Active College or Trade School Student is defined as anyone currently enrolled in any college or trade school regardless of the term of the enrollment. Sample payment based on a 24 month Auto Loan at 2.50% APR* is $42.77 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.
|
Boat and RV
|
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.
|
|
Loan Term In Months |
Annual Percentage Rate |
Thanku Discounts |
|
To – 24 |
7.50% |
Promotional Discounts Available!
Discounts can be used individually or combined together for up to 3.00% off published rates.
|
Automatic Payment Transfer |
-0.25% |
|
5+ Years of Membership |
-0.25% |
|
Currently employed in any of the following industries:
Convenience & Grocery Store
Educational Employee
Healthcare Industry
Medical Professionals
Real Estate Professionals
|
-0.25% |
|
Active College or Trade School Student |
-0.50% |
|
Active Checking Account |
-0.50% |
|
Active Real Estate Loan |
-1.00% |
|
680+ Credit Score |
-1.00% |
|
|
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.
Active Educational Employee is defined as anyone currently employed by a school district regardless of position or title. Active College or Trade School Student is defined as anyone currently enrolled in any college or trade school regardless of the term of the enrollment. Sample payment based on a 24 month Boat/RV Loan at 4.50% is $43.65 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.
|
Outdoor Activity
|
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 |
Annual Percentage Rate |
Thanku Discounts |
|
To – 24 |
9.00% |
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Promotional Discounts Available!
Discounts can be used individually or combined together for up to 3.00% off published rates.
|
Automatic Payment Transfer |
-0.25% |
|
5+ Years of Membership |
-0.25% |
Currently employed in any of the following industries:
Convenience & Grocery Store
Educational Employee
Healthcare Industry
Medical Professionals
Real Estate Professionals |
-0.25% |
|
Active College or Trade School Student |
-0.50% |
|
Active Checking Account |
-0.50% |
|
Active Real Estate Loan |
-1.00% |
|
680+ Credit Score |
-1.00% |
|
|
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. Thanku Discounts may be used individually or combined to discount rates up to 3.00% off the published rates. Active Educational Employee is defined as anyone currently employed by a school district regardless of position or title. Active College or Trade School Student is defined as anyone currently enrolled in any college or trade school regardless of term of the enrollment. Sample payment based on a 24 month Outdoor Activity Vehicle Loan at 6.00% APR* is $44.32 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.
|
Personal Unsecured
|
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.
|
|
Loan Term In Months |
Fixed Rate APR* |
Thanku Discounts |
|
To – 24 |
10.00% |
Promotional Discounts Available!
Discounts can be used individually or combined together for up to 3.00% off published rates.
|
Automatic Payment Transfer |
-0.25% |
|
5+ Years of Membership |
-0.25% |
Currently employed in any of the following industries:
Convenience & Grocery Store
Educational Employee
Healthcare Industry
Medical Professionals
Real Estate Professionals |
-0.25% |
|
Active College or Trade School Student |
-0.50% |
|
Active Checking Account |
-0.50% |
|
Active Real Estate Loan |
-1.00% |
|
680+ Credit Score |
-1.00% |
|
|
25 – 36 |
13.00% |
|
37 – 48 |
14.00%
|
|
49 – 60 |
14.00% |
|
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600.
Rates are published with the highest possible rate. Thanku Discounts may be used individually or combined to discount rates up to 3.00% off the published rates. Active Educational Employee is defined as anyone currently employed by a school district regardless of position or title. Active College or Trade School Student is defined as anyone currently enrolled in any college or trade school regardless of the term of the enrollment. The credit union reserves the right to discontinue promotion at anytime. Must be credit qualified. Minimum credit score of 600.
|
STUDENT & EDUCATIONAL LoanS
|
|
Index/Margin*** |
APR* |
|
Undergraduate Student Loan Programs |
Click for Details |
|
Student Loan Refinance Program
Consolidate Existing Student Loans |
Click for Details |
|
|
CU Educational Loan
Daycare, Private Schools, Trade Schools, 2 or 4 Year College/University
|
Prime + 2.00% |
10.00% |
|
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600. |
ECASH (Overdraft Protection)
|
|
Index/Margin*** |
Variable APR* |
|
Revolving |
Prime + 6.00% |
14.00% |
|
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600.
|
Savings Secured Loan
|
|
Annual Percentage Rate |
|
Up to 60 Months |
1.55%
Share Rate + 1.50%
|
|
NO MINIMUM CREDIT SCORE, NO EMPLOYMENT VERIFICATION, NO INCOME REQUIREMENT.
|
Savings Secured Line of Credit
|
|
Index/Margin |
Variable APR* |
|
Revolving |
Share + 1.50% |
1.55%
|
|
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 |
|
Up to 36 Months |
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)
|
90% Loan to Value (CLTV)
|
Introductory Period
First 12 Months
2.99%
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%
|
90% 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%
|
15 to 20 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 20 year Home Equity Loan at 4.25% APR* and 90% Loan to Value (CLTV) is $6.20. 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 Discounts |
|
To - 36 |
8.25% |
Promotional Discounts Available!
Discounts can be used individually or combined together for up to 3.00% off published rates.
|
Automatic Payment Transfer |
-0.25% |
|
5+ Years of Membership |
-0.25% |
Currently employed in any of the following industries:
Convenience & Grocery Store
Educational Employee
Healthcare Industry
Medical Professionals
Real Estate Professionals |
-0.25% |
|
Active College or Trade School Student |
-0.50% |
|
Active Checking Account |
-0.50% |
|
Active Real Estate Loan |
-1.00% |
|
680+ Credit Score |
-1.00% |
|
|
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.
Active Educational Employee is defined as anyone currently employed by a school district regardless of position or title. Active College or Trade School Student is defined as anyone currently enrolled in any college or trade school regardless of term of the enrollment. Sample payment based on a 36 month Home Improvement Loan at 5.25% Annual Percentage Rate is $30.09 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.
|
Purchase Money Second Mortgage loan
|
Term |
Maximum Amount |
Fixed APR* |
|
Up to 30 years |
100% Loan to Value (CLTV) |
Mortgage Rate + 2.00% |
|
POSTED RATE APPLIES TO ALL CREDIT SCORES ABOVE 660. |
PURCHASE MONEY SECOND MORTGAGE line of credit
|
Term |
Maximum Amount |
Annual Percentage Rate |
|
Term: Up to 30 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. |
Mortgage
|
|
Annual Percentage Rate |
|
Mortgage Programs |
Check Rates
|
SCHOOL SUPPLY ASSISTANCE LOAN
|
Loan Term In Months |
Fixed Rate APR* |
|
9 Months |
0.00% |
|
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600.
|
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MORTGAGE REFINANCE line of credit
|
Terms |
Details |
Annual Percentage Rate |
|
Term: Up to 25 Years
Draw Period: 10 Years
(included in repayment term)
Maximum Amount:
100% Loan to Value (CLTV)
Maximum $250,000
|
No PMI Required
No Appraisal Fee
No Title Search Fee
No Application Fee
No Attorney Fee
No Recording Fee
No Pre Payment Penalty
No Tax Escrow Required
Cash Out Available
|
9.00%
Prime + 1.00%
POSTED RATE APPLIES TO ALL CREDIT SCORES ABOVE 660.
|
|
|
mortgage refINANCE LOAN
|
Terms |
Maximum Amount |
Fixed Annual Percentage Rate |
|
Term: Up to 20 years
Maximum Amount: 100% Loan to Value (CLTV)
Maximum $250,000
|
No PMI Required
No Appraisal Fee
No Title Search Fee
No Application Fee
No Attorney Fee
No Recording Fee
No Pre Payment Penalty
No Tax Escrow Required
Cash Out Available.
|
10.00%
Prime Rate + 2.00%
POSTED RATE APPLIES TO ALL CREDIT SCORES ABOVE 660.
|
|
Term: Up to 30 years
Maximum Amount: 100% Loan to Value (CLTV)
Maximum $250,000
|
100% Loan to Value (CLTV)
Maximum $250,000
Cash Out Not Available.
|
10.00%
POSTED RATE APPLIES TO ALL CREDIT SCORES ABOVE 660.
|
|
Title insurance may be required at owner’s expense. This offer is good for refinance only, cash out may be available. Must be primary residence and first lien only. Maximum amount financed is 100% of the combined loan to value (CLTV), not to exceed $250,000. New York State mortgage tax is required and paid by the borrower. Geographic Areas: Only properties located in the following counties will be considered: Albany, Essex, Fulton, Hamilton, Montgomery, Rensselaer, Saratoga, Schenectady, Warren and Washington.
1.00% Origination Fee Applies.
|
Home Loans
PROMOTION EXTENDED - NO CLOSING COSTS*
With our Home Equity Loan and Line of Credit programs we can help you consolidate your debt, renovate your home, pay for college tuition and more. Our promise is to do it quickly and provide you with as much as you need. Tapping into all the equity of your home is now possible with Saratoga’s Credit Union.
Apply in minutes and access the extra equity in your home.
Same Rate for All Credit Scores
Fastest Turnaround in Town
Up to 100% Loan to Value (CLTV)
Borrow Up to $250,000
No Pre-Payment Penalty
No Application Fee
No Annual Fee
Apply Today
|
Loan Options |
Benefits |
Details |
|
Home Equity Loan
Apply
|
Fixed rate loan available to access the equity in your home. Rates and payments stay consistent to keep you on track.
Pre-Payment Penalty:
None
Closing Costs:
Limited Time Promotion
Closing costs not including the New York State Mortgage Tax will be paid by Saratoga’s Credit Union on behalf of the borrower.
|
Interest Rate:
Fixed
Term:
Up to 20 Years
Loan Limit Amount:
Up to $250,000
Maximum Loan to Value (CLTV):
100%
Rates
|
|
Home Equity Line of Credit
Apply
|
A line of credit gives you flexible borrowing power to use what you need when you need it. Access easily on your time through your checking account and only pay interest on the amount you use.
Advance Requirement:
No Advance Required at Closing
Pre-Payment Penalty:
None
Closing Costs:
Limited Time Promotion
Closing costs not including the New York State Mortgage Tax will be paid by Saratoga’s Credit Union on behalf of the borrower.
|
Interest Rate:
Variable
Term:
Up to 20 Years
Draw Period:
10 Years (included in repayment term)
Loan Limit Amount:
Up to $250,000
Maximum Loan to Value (CLTV):
100%
Rates
|
|
Home Improvement
Apply
|
A home improvement loan provides fixed terms for members who want to improve or repair their home or property with limited closing costs.
Pre-Payment Penalty:
None
Closing Costs:
Limited Time Promotion
Closing costs not including the New York State Mortgage Tax will be paid by Saratoga’s Credit Union on behalf of the borrower.
|
Interest Rate:
Fixed
Term:
Unsecured: Up to 10 Years
Secured: Up to 20 Years
Loan Limit Amount:
Up to $250,000
Maximum Loan to Value (CLTV):
133%
Rates
|
Home Equity Loans: Sample payment per $1,000, based on a 5 year Home Equity Loan at 1.99% APR* is $17.53.
Albany, Essex, Fulton, Hamilton, Montgomery, Rensselaer, Saratoga, Schenectady, Warren and Washington.
Resources
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Confused by the lending lingo? Not sure how borrowing against the equity in your home works? We have the answers to your questions.
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You know that you need home insurance, but how do you get the best deal? Through our relationship with Liberty Mutual Insurance, we can get you a free, no obligation quote.
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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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