Loan Rates

Rates Effective December 1, 2020

Because credit unions are member owned, earnings are returned to members by way of lower loan rates!

Home LoansRates as low as
HELOC 80% Loan to Value as low as Prime rate minus 1.00%
Contact HFCU for 1st Mortgage Loan Rates

Home Equity Line of Credit: Actual rate based on credit history and loan-to-value. Variable rate loans adjust on the first day of each calendar quarter. All loans subject to credit review and approval. Credit score 720 and above. Home must be owner occupied and primary residence. Rates and terms vary depending on loan-to-value, property type, and credit score. The applicable interest rate is indexed to the Wall Street Journal (WSJ) Prime Rate and is subject to change monthly. The interest rate will not exceed 18% or go below 3%. Home Equity Lines of Credit have a Draw Period and Repayment Period. During the Draw period, the minimum payment is interested only or 10-year amortized payment depending on product chosen. During the Repayment Period the payment is the principal balance amortized over a period of 10 years, which may increase the monthly payment previously due. Low closing costs ($295-495).

Auto Loans 2017 and NewerRates as Low as
1 – 63 months 2.40%
64 – 75 months3.19%
76 – 84 months3.99%
Auto Loans 2016 and OlderRates as Low as
1 – 63 months3.60%
64 – 75 months4.29%
76 – 84 months4.99%

Auto Loans: Minimum loan amount $5,000. Minimum loan amount for terms greater than 63 months is $10,000. Minimum loan amount for terms greater than 75 months is $20,000. Terms greater than 75 months only on vehicles 2016 and newer. Maximum term on 2014 vehicle is 75 months. Maximum term on 2012-2013 is 63 months. Maximum term on 2011 and older is 48 months. Vehicles 2011 and older add 2% to rate. Add 1% to rate if mileage exceeds 100,000 on any model year – not to exceed 150,000 miles.

Other Secured Lending – purchase only: $5,000 minimum loan amount for terms 1-63 months; $10,000 minimum for terms greater than 63 months; $20,000 for terms greater than 75 months.

Motorcycles 2017 and NewerRates as Low as
1 – 63 months3.40%
64 – 75 months4.19%
76 – 84 months4.99%
Motorcycles 2016 and OlderRates as Low as
1 – 63 months4.60%
64 – 75 months5.29%
76 – 84 months5.99%

Motorcycle loans: Minimum loan amount $5,000. Minimum loan amount for terms greater than 63 months is $10,000. Minimum loan amount for terms greater than 75 months is $20,000. Terms greater than 75 months only on motorcycles 2016 and newer. Add 1% to rate if mileage exceeds 50,000 on any model year. Add 2% to model years 2011 and older and maximum term is 48 months.

RV’s and Boats 2016 and NewerRates as Low
1 – 63 months $0-$10,0004.40%
64 – 75 months $10,001-$20,0005.19%
76 – 84 months $20,001-$50,0005.99%
85 – 144 months $50,001-$100,0008.99%
Personal LoansRates as Low as
Unsecured, Signature8.00%
Express Line of Credit7.99%
Gold Plus Visa Credit Card9.99%
Gold Visa Credit Card12.99%
Classic Visa Credit Card14.88%

The rates stated above are available on approved credit. Rates may be different, as determined by the individual creditworthiness of each applicant or collateral condition. Not all applicants will qualify for the lowest rate or maximum term or advance. Self-employed applicants must provide 2 years tax returns as proof of income.


Today, December 2, our Springfield branch is drive-thru only. Your December 2020 statement will include your 1099-INT tax form. This information is also reported to the IRS. No separate paper copy of the 1099-INT tax form will be mailed.Learn about our response to COVID-19
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