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Loan Rates

Are you at the dealer? Let them know that you want your financing through MVCU!

Current Loan Rates effective as of: March 29, 2024

 

New or Used Car or Truck

Loan Type Maximum Terms Fixed Fixed APR Notes
New – 2018 72 Months* As low as 5.95%
2017 – 2013 60 Months* As low as 6.95%
2012 – 2008 48 Months* As low as 7.95%
2007 – Older 36 Months* As low as 8.95%
Classic Car 84 Months* As low as 8.95% Certified Appraisal Required
*Terms may be extended up to 12 Months for an added 1% APR

 

Personal (Signature) Loans (Maximum $5,000)

Maximum Terms Fixed Fixed APR Notes
12 Months As low as 9.49% No Loan Processing Fee
24 Months As low as 10.99%
36 Months As low as 11.99%
48 Months As low as 13.99%

 

Consolidation Loans (Maximum $10,000)

Maximum Terms Fixed Fixed APR Notes
48 Months As low as 13.99% No Cash Out

 

Closed End Home Equity**

Loan Type Maximum Terms Fixed Fixed APR
$5,000 – $10,000 60 Months 6.69%
$10,001 – $100,000 120 Months 6.69%

 

New & Used Boats & RV’s

Loan Type Maximum Terms Fixed Fixed APR
Up to $10,000 72 Months As low as 10.99%
$10,001 – $20,000 120 Months As low as 11.99%
Over $20,000 180 Months As low as 11.99%

 

New & Used Motorcycles

Loan Type Maximum Terms Fixed Fixed APR
New – 2018 72 Months* As low as 9.99%
2017 – Older 72 Months* As low as 10.99%
*Terms may be extended up to 12 Months for an added 1% APR

 

Share Certificate

Maximum Terms Fixed Fixed APR
Equal to Term 3% Above CD

 

Share Secured

Maximum Terms Fixed Fixed APR
180 Months 3.00%

 

Home Loans

Call Liz Terwilliger for your mortgage options
NMLS ID 137587
Cell 419-699-5130
Office 419-931-9011

Loan Type Maximum Terms Fixed Fixed APR
80% LTV – 0 point 15 Years call
80% LTV – 0 point 30 Years call
VA & FHA Loans 30 Years call

 

VISA Credit Card

MVCU’s Visa Platinum Credit Card rates are based on your credit score.

Loan Type Maximum Terms Fixed Fixed APR
Visa Platinum 2% of Balance non-variable 9.9% to 19.9%

Certain loan types are exempt from special promotional discounts.

We match rate and terms – some dealer promotions do not apply.

LTV = Loan to Value
**LTV 80% — Annual Percentage Rate (APR) – No Annual Fees!

Fixed rate loans have a $295 processing fee. Home loans are exempt from this fee.

Cash advances cannot be used to payoff current MVCU account.

We do business in accordance with the federal fair housing law and equal credit opportunity act.

MVCU reserves the right to change rates at any time prior to loan closing.

All Variable rates may increase or decrease after loan consumption.

Military Lending Act: Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account).