Auto, Truck & Motorcycle
|
Loan Term In Months |
Annual Percentage Rate |
Thanku Discounts |
|
To – 24 |
6.50% |
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% |
|
Debt Protection |
-0.25% |
|
Active College or Trade School Student |
-0.50% |
|
Active SCFCU Checking Account |
-0.50% |
|
Active SCFCU Real Estate Loan |
-1.00% |
|
680+ Credit Score |
-1.00% |
|
Refi' Discount - applies when refinancing from another financial institution |
-1.00% |
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.
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. Debt protection discount is available when selecting life, disability & involuntary unemployment protection. Sample payment based on a 24 month Auto Loan at 3.50% APR* is $43.20 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 |
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 |
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% |
|
Debt Protection |
-0.25% |
|
Active College or Trade School Student |
-0.50% |
|
Active SCFCU Checking Account |
-0.50% |
|
Active SCFCU 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 College or Trade School Student is defined as anyone currently enrolled in any college or trade school regardless of the term of the enrollment. Debt protection discount is available when selecting life, disability & involuntary unemployment protection. 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% |
|
Debt Protection |
-0.25% |
|
Active College or Trade School Student |
-0.50% |
|
Active SCFCU Checking Account |
-0.50% |
|
Active SCFCU 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 Active College or Trade School Student is defined as anyone currently enrolled in any college or trade school regardless of term of the enrollment. Debt protection discount is available when selecting life, disability & involuntary unemployment protection. 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% |
|
Debt Protection |
-0.25% |
|
Active College or Trade School Student |
-0.50% |
|
Active SCFCU Checking Account |
-0.50% |
|
Active SCFCU 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 College or Trade School Student is defined as anyone currently enrolled in any college or trade school regardless of the term of the enrollment. Debt protection discount is available when selecting life, disability & involuntary unemployment protection. Sample payment based on a 24 month term at 7.00% APR* is $44.77 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.
|
STUDENT & EDUCATIONAL LoanS
|
|
Index/Margin*** |
APR* |
|
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% |
9.75% |
|
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600. |
ECASH (Overdraft Protection)
|
|
Index/Margin*** |
Variable APR* |
|
Revolving |
Prime + 6.00% |
13.75% |
|
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.
Sample payment based on a 60 month term at 1.55% APR* is $17.34 per $1,000.
|
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)
|
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%
|
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 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 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% |
|
Debt Protection |
-0.25% |
|
Active College or Trade School Student |
-0.50% |
|
Active SCFCU Checking Account |
-0.50% |
|
Active SCFCU 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 College or Trade School Student is defined as anyone currently enrolled in any college or trade school regardless of term of the enrollment. Debt protection discount is available when selecting life, disability & involuntary unemployment protection. 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
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.
|
MORTGAGES
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.
|
Mortgage Options |
Benefits |
Details |
|
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 |
|
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
|
|
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
|
|
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:
5.00%
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.
Cash-Out Refinance Available
|
Term:
Up to 15 Years
Down Payment:
As low as 15.00%
More Details:
Property may be non-owner occupied.
Rates
|
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.
Geographic Areas: Only the following counties will be considered: Albany, Essex, Fulton, Hamilton, Montgomery, Rensselaer, Saratoga, Schenectady, Warren and Washington.
Find a Housing Counselor
Resources
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Buying a home is an exciting process full of challenges and rewards. Let us be your guide through this process. Visit our Mortgage Center for FAQ’s, rates, online application and more.
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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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How much mortgage can you afford? Use our calculator to help budget in a mortgage payment and see what kind of home you can afford.
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