Saratoga's Community Federal Credit Union

Auto, Truck & Motorcycle - **limited time GRAND OPENING special**
Loan Term In Months	Grand Opening Promotional Fixed Rate APR*	Variable Rate Fixed Payment**
To – 24	~~3.50%~~ 0.99%	Introductory First 6 Months 0.99% After Introductory Period Prime + 1.00%
25 – 36	~~5.00%~~ 1.99%
37 – 48	~~5.50%~~ 1.99%
49 – 60	~~5.75%~~ 1.99%
61 – 72	~~6.25%~~ 1.99%
73 – 84¹	~~6.50%~~ 2.99%
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600. Rates apply to all vehicle loan options and include new or used. Discount applies to fixed rate loans only. Sample payment per $1,000, based on a 60 month Auto Loan at 1.99% is $17.53 per $1,000. Limited time promotion, expires 6/30/2021. The credit union reserves the right to discontinue promotion at anytime. Must be credit qualified. 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 and are eligible for this promotion. Offer is not valid to refinance existing Saratoga’s Credit Union fixed rate loans. ¹84 month term applies to new autos only.

Boat and RV - **LIMITED TIME GRAND OPENING SPECIAL**
Loan Term In Months	Grand Opening Promotional Fixed Rate APR*	Variable Rate Fixed Payment**
To – 24	~~6.50%~~ 1.99%	Introductory First 6 Months 4.50% After Introductory Period Prime + 3.00%
25 – 36	~~6.50%~~ 3.50%
37 – 48	~~6.50%~~ 3.50%
49 – 60	~~6.75%~~ 4.50%
61 – 72	~~7.00%~~ 4.50%
73 – 84	~~8.00%~~ 5.50%
85 – 120	~~8.50%~~ 5.50%
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600. Rates apply to new or used boats and RVs. Discount applies to fixed rate loans only. Sample payment per $1,000, based on a 120 month Boat/RV Loan at 4.5% is $10.37 per $1,000. Limited time promotion, expires 6/30/2021. The credit union reserves the right to discontinue promotion at anytime. Must be credit qualified. Offer is not valid to refinance existing Saratoga’s Credit Union fixed rate loans.

Outdoor Activity
Loan Term In Months	Fixed Rate APR*	Variable Rate Fixed Payment**
To – 24	7.25%	Introductory First 6 Months 4.50% After Introductory Period Prime + 4.00%
25 – 36	7.25%
37 – 48	7.50%
49 – 60	7.75%
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600. Rates Reflect 0.75% Member Loyalty Discount Rates apply to new or used and include discounts for Automatic Payment Transfer (0.25%), 5+ Years of Membership (0.25%) and incite Rewards redemption (0.25%). Discount applies to fixed rate loans only.

Personal Unsecured
Loan Term In Months	Fixed Rate APR*	Variable Rate Fixed Payment**
To – 24	8.25%	Introductory First 6 Months 4.50% After Introductory Period Prime + 6.00%
25 – 36	12.25%
37 – 48	13.25%
49 – 60	13.25%
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600. Rates Reflect 0.75% Member Loyalty Discount Rates include discounts for Automatic Payment Transfer (0.25%), 5+ Years of Membership (0.25%) and incite Rewards Redemption (0.25%). Minimum Loan $500 \| Maximum Loan $20,000.00

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 $5,000 per school year, $15,000 maximum aggregate, 120 month term, 1% Origination Fee.	Prime + 2.00%	5.25%
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600.

CA$HFlow Credit (Overdraft Protection)
	Index/Margin***	APR*
Revolving	Prime + 6.00%	9.25%
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600. Monthly payment is 2.00% of total outstanding balance or $25.00, whichever is greater. Overdraft is protection for your Checking Account. Limits of $250 to $20,000 Available

Savings Secured Loan
	Annual Percentage Rate
Up to 60 Months	Share Rate + 1.50%
NO MINIMUM CREDIT SCORE, NO EMPLOYMENT VERIFICATION, NO INCOME REQUIREMENT. Minimum monthly payment $35.00

Savings Secured Line of Credit
	APR*
Revolving	9.90%
Monthly Payment are calculated by costs per $100 of amount financed:
$0.01 - $4000.00	$3.50
$4000.01 - $6000.00	$3.00
$6000.01 - $8000.00	$2.50
$8000.01 and over	$2.40
NO MINIMUM CREDIT SCORE, NO EMPLOYMENT VERIFICATION, NO INCOME REQUIREMENT. Minimum Limit - $500 \| Maximum Limit - $25,000.00

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. Limits available from $500 up to certificate balance.

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 First 12 Months 3.25% 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 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.

RATE APPLIES TO ALL CREDIT SCORES ABOVE 600.

Home Equity Loan
Term	Maximum Amount	Fixed Annual Percentage Rate
Up to 15 years	80% Loan to Value (CLTV)	3.99% POSTED RATE APPLIES TO ALL CREDIT SCORES ABOVE 600.
Up to 20 years	100% Loan to Value (CLTV)	5.75% Prime Rate + 2.50% POSTED RATE APPLIES TO ALL CREDIT SCORES ABOVE 660.
Not to exceed $250,000.00 Sample payment per $1,000, based on a 15 year Home Equity Loan at 80% Loan to Value (CLTV) is $7.40 per $1,000. Sample payment per $1,000, based on a 20 year Home Equity Loan at 100% Loan to Value (CLTV) is $7.91 per $1,000.

Home Improvement - **Limited time grand opening Special**
Loan Term in Months	Maximum Amount	Annual Percentage Rate
To - 36	$15,000	~~7.24%~~ 4.99%
37 - 48	$15,000	~~7.49%~~ 4.99%
49 - 60	$15,000	~~7.74%~~ 4.99%
61 - 72	$15,000	~~7.99%~~ 4.99%
73 - 84	$15,000	~~9.24%~~ 4.99%
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600. Minimum Loan $1,000.00 Limited time promotion, expires 6/30/2021. The credit union reserves the right to discontinue promotion at anytime. Must be credit qualified.

Loan Term in Months	Maximum Amount	Annual Percentage Rate
Up to 20 Years	133% Loan to Value (CLTV)	10.00%
RATE APPLIES TO ALL CREDIT SCORES ABOVE 660. Minimum Loan $1,000.00 Sample payment per $1,000, based on a 20 year Home Improvement Loan at 133% Loan to Value (CLTV) is $9.66 per $1,000. Must be credit qualified.

Loan Term in Months

Maximum Amount

Annual Percentage Rate

Up to 20 Years

133% Loan to Value (CLTV)

10.00%

RATE APPLIES TO ALL CREDIT SCORES ABOVE 660.

Minimum Loan $1,000.00
Sample payment per $1,000, based on a 20 year Home Improvement Loan at 133% Loan to Value (CLTV) is $9.66 per $1,000. Must be credit qualified.

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.

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. Qualifications Available to all New York State Certified Teachers who are currently employed as an educator in New York State. Proof of employment required. Through this program members will have a 9 month term to repay the loan with 0.00% Annual Percentage Rate (APR).

MORTGAGES

SPECIAL LOW DOWN PAYMENT PROGRAMS AVAILABLE

You find your home and we’ll take care of the mortgage. With flexible options and competitive rates, we have a mortgage for everyone. And the best part is, you get the best in mortgage servicing and processing from friendly, local professionals. Buying a home is an exciting process. We want to be a part of that process and have a mortgage that fits your needs. Whether you know what you need or just want to talk about options, we ar here for you.

Patti Montgomery

Mortgage Loan Originator
518.583.2323 x113
email
NMLS# 580567

Realtor Information

Coupon Mortgage Calculator Mortgage Web Center

Mortgage Options	Benefits	Details
HomeLiving Mortgage Apply	Low down option with no income limit, no application fee and no prepayment penalty. Minimum credit score of 640+, perfect for first time or repeat homebuyers. Refinancing options also available. 10% Down & No PMI Limited Time Special Exp: 9/1/21	Term: Up to 30 Years Down Payment: As Low as 10% Down More Details: Private Mortgage Insurance expense waived for qualifying borrowers with no upfront or monthly PMI fees through this promotion. Rates
HomeAway Mortgage Apply	Perfect for that lake house you've been dreaming about, HomeAway offers the same great options as our HomeLiving product. Easily finance a vacation or second home for up to 20 years. 10% Down & No PMI Limited Time Special Exp: 9/1/21	Term: Up to 20 Years Down Payment: As Low as 10% Down Details: Minimum credit score of 640+ Property must be suitable for year-round occupancy, available for the borrower's exclusive use and cannot be subject to rental agreements. Geographical Requirements: Albany, Fulton, Montgomery, Rensselaer, Saratoga, Schenectady, Warren and Washington Rates
HomeReady^® Mortgage Apply	With a low down payment option, flexible sources for funds, affordable and cancellable monthly mortgage insurance and easy to access educational options, HomeReady® Mortgage is the perfect option to meet the diverse needs of today’s buyers. Great for new and repeat homebuyers! Income Look Up Tool Realtor Information	Term: Up to 30 Years Down Payment: 3.00% More Details: Eligibility requirement based on income. Rates
Low Down Payment Program 80/20 Mortgage & Home Equity Apply	If you have dreamed of owning your own home now is the time. Offering a special low down payment option and Private Mortgage Insurance (PMI) expense may be waived. This saves borrowers from additional monthly expenses that are standard with low down payment programs. Program available for First Time Buyers as well as current homeowners. Refinances also welcome. Available to credit qualified borrowers.	Term: Up to 30 Years Down Payment: As Low as 0% Down Details: PMI Waived for Qualifying Borrowers 80/20: Loan will be financed with 80% of the LTV financed into a first mortgage with the remainder financed as a home equity. This is commonly referred to as an 80/20 split. Apply to Get Started or Call 518.583.2323 x 778 Mortgage Rates Home Equity Rates
Conventional Fixed Rate Apply	Fixed rate loan available for new purchase or refinancing. No PMI and cash out options are available for 1 to 4 family units.	Term: Up to 30 Years Down Payment: As Low as 3% More Details: PMI may be required for Loan to Value (LTV) greater than 80%. Cashout refinance available with 80% CLTV. Rates
Adjustable Rate Mortgage (ARM) Apply	Loans begin with a fixed rate for the initial term and then adjust according to a defined index.	Term: Up to 30 Years Down Payment: As Low as 3% More Details: PMI may be required for Loan to Value (LTV) greater than 80%. Cashout refinance available with 80% CLTV. Rates
Federal Housing Administration (FHA) Apply	Flexible credit requirements and low down payment requirements can help first time buyers purchase their first home.	Term: Up to 30 Years Down Payment: 3.50% More Details: Lower maximum loan amounts. Upfront and monthly mortgage insurance premium required. Rates
Purchase Money Second Mortgage Apply	This program allows you to obtain the money you need to purchase a new home without having to deplete your savings.	Term: Up to 30 Years Down Payment: 0.00% More Details: Loan limit up to $250,000 Rates
Veteran Affairs (VA) Apply	A Federal VA mortgage allows qualified veterans to purchase a new home with no down payment. A fixed rate provides the security of a monthly payment that will not change.	Term: Up to 30 Years Down Payment: 0.00% More Details: VA funding fee required. Rates
United States Department of Agriculture (USDA) Apply	USDA loans allow for 100% financing of the property’s value with no down payment. Loans are insured by the USDA. Flexible credit requirements.	Term: 30 Years Down Payment: 0.00% More Details: Eligibility requirement based on income and property location. Upfront Guarantee Fee required. Rates
Vacation Home Apply	If you have dreamed of owning a second home or vacation home, now is the time. Financing is available to help you purchase, refinance or construct a single family second home / vacation home.	Term: Up to 20 Years Down Payment: 10.00% More Details: Property must be suitable for year-round occupancy Property must be available for the borrower's exclusive use Property cannot be subject to rental agreements Rates
Investment Property Owner Occupied Apply	Good option for individuals who are looking to rent out a portion of their home to tenants. Available for 1-4 family, must be owner occupied residence.	Term: Up to 30 Years Down Payment: 25.00% More Details: Property must be owner occupied. Rates
Investment Property Non-Owner Occupied Apply	Option for buyers who intend to use the home for investment purposes and will not live in the home. Available for 1-4 family units.	Term: Up to 15 Years Down Payment: 25.00% More Details: Property may be non-owner occupied. Rates

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Find a Housing Counselor

Housing counselors throughout the country can provide advice on buying a home, renting, defaults, foreclosures, and credit issues. Using this link below, you can find one near you. The counseling agencies on this list are approved by the U.S. Department of Housing and Urban Development (HUD) and they can offer independent advice about whether a particular set of mortgage loan terms is a good fit based on your objectives and circumstances, often at little or no cost to you. This list will show you several approved agencies in your area.

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MORTGAGES

SPECIAL LOW DOWN PAYMENT PROGRAMS AVAILABLE

10% Down & No PMI

10% Down & No PMI

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MORTGAGES

SPECIAL LOW DOWN PAYMENT PROGRAMS AVAILABLE

10% Down & No PMI

10% Down & No PMI

Resources

Mortgage Center

Protect Your Loan

Calculators

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