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% |
|
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% |
|
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% |
|
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% |
|
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%
|
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 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% |
|
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.
|
MORTGAGES
With flexible options and competitive rates, we have the perfect mortgage for everyone. Our local team of friendly professionals is here to guide you through the entire process—from application to closing. Buying a home is an exciting journey, and we’re excited to be part of it. Whether you’re clear on what you need or simply want to explore your options, we’re here to help you find a mortgage that fits your life and your goals.
Let’s make your dream home a reality.
|
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.
Rates |
|
Low Down Payment Programs
Home Possible, Home Possible Advantage, HomeReady®
Apply
|
Low down payment requirements and reduced mortgage insurance coverage levels can make this option a preferred choice among first time home buyers.
Financing for a variety of home options including 1 to 4 unit primary residence, condos, PUD and manufactured homes (with restrictions).
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 5%
More Details:
PMI may be required for Loan to Value (LTV) greater than 80%.
Cashout refinance available.
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
Property Eligibility Map
|
|
Vacation/Second 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 30 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
|
|
80/20 Mortgage Program
Mortgage & Home Equity
Apply
|
This program 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 welcome.
Available to credit qualified borrowers. |
Term:
Up to 30 Years
Down Payment:
As low as 0.00%
More 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.
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 30 Years
Down Payment:
As low as 15.00%
More Details:
Property is 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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