Loan Rates

Rates effective as of July 1, 2020

Home Equity

Type of LoanCollateralAPR¹Term
Home Equity
1st Lien Position
80% LTV
 
as low as 2.89%
as low as 2.99%
as low as 3.09%
as low as 3.49%
01-60 Months
61-120 Months
121-180 Months
181-240 Months
Home Equity
1st Lien Position
90% LTV
as low as 3.39%
as low as 3.49%
as low as 3.59%
01-60 Months
61-120 Months
121-180 Months
Home Equity
Subordinate Lien Position
80% LTV
 
as low as 2.89%
as low as 2.99%
as low as 3.09%
as low as 3.49%
01-60 Months
61-120 Months
121-180 Months
181-240 Months
Home Equity
Subordinate Lien Position
90% LTV
as low as 3.39%
as low as 3.49%
as low as 3.59%
01-60 Months
61-120 Months
121-180 Months
Home Equity Line of Credit
Stated rates are for new accounts only. Existing BHCU loans are subject to additional fees.
Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan.
Maximum Loan Amounts:$5,000.00 minimum, $500,000.00 maximum for 1st lien and subordinate lien(s). Total combined Liens with BHCU not to exceed $500,000.00. Total of Liens > $249,999.00 are required to have Title Insurance. No application fee(s) with the exception of loans totaling >$249,999.00. Primary Residence must be located in PA, DE, NJ or MD.

ARMs & Fixed Rate Mortgages

Type of LoanPayment PeriodInterest RateAPR²Monthly Payment³
5/5 Adjustable Rate Mortgage up to $424,100⁴Years 1 – 5
Years 6 – 30⁵
2.625%
3.09%
2.99%$803.30
$845.62
5/1 Adjustable Rate Mortgage up to $424,100⁴Years 1 – 5
Years 6 – 30⁵
2.625%
2.87%
2.91%$803.30
$828.51
15 Year Fixed Rate Mortgage up to $510,400⁴15 Years2.50%2.62%$1,333.58
30 Year Fixed Rate Mortgage up to $510,400⁴30 Years3.00% 3.06%$843.21

Auto

Type of LoanMaximum Loan Amount CollateralAPR¹Term
New Automobile, Truck, & Motorcycle
 
 
 
Max Term 84 Months
Up to 120% NADA Retail Value for Tiers A-C
Up to 110% NDADA Retail Value for Tier D
Title/Good Credit Ratingas low as 2.69%
as low as 2.89%
as low as 2.99%
as low as 3.29%
01-36 Months
37-66 Months
67-75 Months
76-84 Months
Used Automobile, Truck, & Motorcycle (previously titled)  as low as 2.69%
as low as 2.89%
as low as 2.99%
as low as 3.29%
01-36 Months
37-66 Months
67-75 Months
76-84 Months
0 - 5 Years Old Max Term Is 84 Months (Models 2015-2020)Max Term 84 Months
Up to 120% NADA Retail Value for Tiers A-C
Up to 110% NADA Retail Value for Tier D
Title/Good Credit Ratingas low as 2.69%
as low as 2.89%
as low as 2.99%
as low as 3.29%
01-36 Months
37-66 Months
67-75 Months
76-84 Months
6 - 10 Years Old Max Term Is 75 Months (Models 2010-2014)Max Term 75 Months
Up to 90% NADA Retail Value for Tiers A-D
as low as 2.69%
as low as 2.89%
as low as 2.99%
01-36 Months
37-66 Months
67-75 Months
11 – 14 Years Old Max Term is 36 Months (Models 2006-2009)Max Term 36 Months
Up to 80% NADA Clean Loan Value
as low as 3.29%01-36 Months
EFFECTIVE May 25, 2018
*** Auto pre-approvals are contingent upon verification of income, year of the vehicle being purchased and the NADA Value as applicable. Requested amounts and terms of loan are subject to change once the year of vehicle is provided to the credit union. All of the above must be verified with the credit union prior to a member taking possession of his/her new/used vehicle. Credit Union will not honor approvals if all the above information has not been verified, as per policy.***

Recreational Vehicles

Type of LoanMaximum Loan AmountCollateralAPR¹Term
New Boats, Mobile Home, Trailer, Camper
 
$2,500.00 minimum – $60,000.00 maximum. 90% of purchase price including taxes and tags, etc.Title/Good Credit Ratingas low as 6.34%
as low as 7.24%
01-36 Months
37-84 Months
Used
 
$2,500.00 minimum – $60,000.00 maximum. 80% of NADA average retail price including taxes and tags, etc.Title/Good Credit Ratingas low as 7.34%
as low as 8.24%
01-36 Months
37-84 Months

Personal

Type of LoanMaximum Loan AmountCollateralAPR¹Term
Personal
 
 
up to $15,000 Maximum (based on your credit worthiness, higher loan amounts may be available)Good Credit Ratingas low as 7.99%
as low as 8.99%
as low as 9.99%
up to 36 Months
37 to 60 Months
61 to 84 Months
Personal Line Of Creditup to $15,000 Maximum (based on your credit worthiness, higher loan amounts may be available)Good Credit Ratingas low as 11.99%N/A

Shares Secured

Type of LoanMaximum Loan AmountCollateralAPR¹Term
Shares Secured$585,000.00 Share2.50% Over Secured Account's Current Dividend Rate120 Mo.

Visa Credit Card

Type of LoanAPR⁶
iSAVE Cash Back VISA
adjusted quarterly
7.74%
Platinum VISA
adjusted quarterly
8.74%
Classic and Classic Secured VISA
adjusted quarterly
12.74%

Unit Cost Examples

As of June 1, 2020 

Type of LoanPayment Rates
Personal Loans84 Monthly Payments of $16.60 per $1,000.00 borrowed @ 9.99% APR
New Auto/Truck/Motorcycle Loans84 Monthly Payments of $13.34 per $1,000.00 borrowed @ 3.29% APR
Used Auto/Truck/Motorcycle Loans84 Monthly Payments of $13.34 per $1,000.00 borrowed @ 3.29% APR
New Boats/Mobile Homes/Trailers84 Monthly Payments of $15.21 per $1,000.00 borrowed @ 7.24% APR
Used Boats/Mobile Homes/Trailers84 Monthly Payments of $15.71 per $1,000.00 borrowed @ 8.24% APR
Home Equity (Fixed) 1st Lien Position 80% LTV240 Monthly Payments of $5.79 per $1,000.00 borrowed @ 3.49% APR

NMLS #729629

Rates, terms and limits are subject to change without notice.  Contact an employee for further information about applicable fees and terms.  We may change APR, fees and other account terms in the future based under the Agreement and applicable law.

¹APR is Annual Percentage Rate.  The APR is subject to change on HELOC.  Our credit union has a tiered loan rate policy, which applies different loan rates, terms, and maximum limits to borrowers based upon the borrowers’ credit history.  Advertised rates apply to borrowers in Tier 1.  The loan rate applicable to you may vary from our rates as quoted.  All rates are expressed include a 1.00% reduction for automatic transfer(s) from a BHCU share account, with the exception of our PLOC, HELOC, and Share Secured Loan.  The APR may increase after consummation (loans which stop direct deposit).

²Rates are subject to change.  If approved, your terms may vary based upon your specific situation.

³Example monthly payments are based on a loan amount of $200,000 with an estimated property value of $250,000 amounting to a down payment of 20%, excellent credit history, and do not include taxes and insurance – actual obligation will be greater. If approved, your terms may very based upon your specific situation. Restrictions apply to existing BHCU borrowers.

⁴Call the credit union for best available rates on Jumbo Loans.

⁵Interest rate and payment may increase after the initial 5 year period ends. Projected interest rate and payment is based on current index plus margin.

⁶APR is Annual Percentage Rate.  APR is variable and will vary with the market based on the Prime Rate.  For iSAVE Cash Back VISA, the APR is based on Prime Rate and a margin of 4.49%.  For Platinum VISA, the APR is based on Prime Rate and a margin of 5.49%.  For Classic and Classic Secured VISA, the APR is based on Prime Rate and a margin of 9.49%.  APR and credit card approval depend on creditworthiness and other qualifications.