Saratoga's Community Federal Credit Union

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.

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 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. 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.

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. *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. Credit union may discontinue promotion at any time. ¹84 month term applies to new autos only.

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. *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

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.

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 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%

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. 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. Minimum Loan $500 \| Maximum Loan $20,000.00 The credit union reserves the right to discontinue promotion at anytime.

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. The credit union reserves the right to discontinue promotion at anytime. Must be credit qualified. Minimum credit score of 600.

Minimum Loan $500 | Maximum Loan $20,000

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 $5,000 per school year, $15,000 maximum aggregate, 120 month term	Prime + 2.00%	10.50%
POSTED RATES APPLY TO ALL CREDIT SCORES ABOVE 600.

ECASH (Overdraft Protection)
	Index/Margin***	Variable APR*
Revolving	Prime + 6.00%	14.50%
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	1.55% Share Rate + 1.50%
NO MINIMUM CREDIT SCORE, NO EMPLOYMENT VERIFICATION, NO INCOME REQUIREMENT. Minimum monthly payment $35.00

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. Minimum Limit $500 \| Maximum Limit $75,000.00 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. 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. 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)	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 (Up to 60 Months)	6.99%	90% Loan to Value (CLTV) POSTED RATE APPLIES TO ALL CREDIT SCORES ABOVE 600.
5 to 10 Years (61 to 120 Months)	6.99%
10 to 15 Years (121 to 180 Months)	6.99%
15 to 20 Years (181 to 240 Months)	6.99%
Up to 20 years (Up to 240 Months)	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 6.99% APR* and 90% Loan to Value (CLTV) is $7.76. 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.

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 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.

Minimum Loan $1,000.00
Maximum Loan $15,000

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. Sample payment per $1,000, based on a 20 year Home Improvement Loan at 11.00% APR* and 133% Loan to Value (CLTV) is $10.33 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)

11.00%

RATE APPLIES TO ALL CREDIT SCORES ABOVE 660.

Sample payment per $1,000, based on a 20 year Home Improvement Loan at 11.00% APR* and 133% Loan to Value (CLTV) is $10.33 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

CLASSROOM 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).

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	9.50% Prime + 1.00% POSTED RATE APPLIES TO ALL CREDIT SCORES ABOVE 660.
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. 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.

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.	10.50% 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.	10.50% Prime Rate + 2.00% 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.

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.

Featured Product

Buying or upgrading your home may be more affordable than you think. We will personally review your options and help find the right program for you.

Low Down Payment Mortgages with NO PMI

$400 OFF Closing Costs
No PMI Required
Down Payments As Low As 5%
Credit Scores As Low As 600 Accepted

Keep your mortgage local with Saratoga Federal & Saratoga Mortgage!

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LOAN TO VALUE	CREDIT SCORE	DEBT TO INCOME	ESCROW	ORIGINATION FEE	PMI
80.1% - 85%	600	45%	REQUIRED	1.75%	NOT REQUIRED
85.1% - 90%	640	45%	REQUIRED	2.00%	NOT REQUIRED
90.1% - 95%	680	50%	REQUIRED	2.50%	NOT REQUIRED

Mortgage Calculator | Mortgage Web Center

Mortgage Options	Benefits	Details
Mortgage Promotion* Limited Time Promotion Applications Submitted by 12/1/2024 Apply	$400 OFF Closing Costs No PMI Required Down Payments As Low As 5%	Term: Up to 30 Years Down Payment: As Low as 5% Down Rates Learn More
Mortgage Refinance Line of Credit As you pay down your mortgage, your available credit line increases. You can borrow from the credit line as you need it for anything you would like--home repairs, vacation, college tuition, and more. Apply	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 1% Origination Fee Applies.	Term: Up to 25 Years Draw Period: 10 Years (included in repayment term) Maximum Amount: 100% Loan to Value (CLTV) Maximum $250,000 Cash Out Available: Yes Rates
Mortgage Refinance Loan Apply	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 1% Origination Fee Applies.	Term: Up to 30 Years Maximum Amount: 100% Loan to Value (CLTV) Maximum $250,000 Cash Out Available: Yes Cash out is available with terms up to 20 years. 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. 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
*Limited time promotion available to credit qualifying borrowers. Minimum loan amount of $100,000. Property must be owner occupied. Private Mortgage Insurance may be waived for loans up to 95% CLTV (Combined Loan to Value) and points of up to 2.50% will apply for loans over 80% CLTV. Tax escrow may be required. The credit union will provide $400 off closing costs for first mortgage loans with applications submitted by 12/31/2024 through this offer, does not apply to government loans or cimple mortgage refinance products. This offer must be presented at time of application. Cannot be combined with any other promotion.

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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.

Geographic Areas: Only the following counties will be considered: Albany, Essex, Fulton, Hamilton, Montgomery, Rensselaer, Saratoga, Schenectady, Warren and Washington.

Find a Housing Counselor

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