Loan Rates

Rates Effective March 1, 2021

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

Home LoansRates as Low as
HELOC Variable Rate as Low as Prime Rate Minus 1.00%
2nd Mortgage Fixed Rate as Low asPrime Rate Plus 1.00%
Contact HFCU for 1st Mortgage Loan Rates

HELOC (Home Equity Line of Credit): All loans subject to credit review and approval. Actual rate based on credit history, credit score, loan-to-value, and property type. Minimum credit score to receive best rate is 720. Rate for home not owner occupied or primary residence start at 1% above prime. 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. Variable rate loans adjust on the first day of each calendar quarter. The interest rate will not exceed 18% or go below 3%. Line of credit available $5,000-$100,000. 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 of $395-495.

2nd Mortgage: All loans subject to credit review and approval. Actual rate based on credit history, credit score, loan-to-value, and property type. Minimum credit score to receive best rate is 720. 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%. Loan amount available $10,000-$100,000. Loan terms available start at 5 years. Low closing costs of $295.

Auto Loans 2018 and NewerRates as Low as
1 – 63 months 2.40%
64 – 75 months2.99%
76 – 84 months3.99%
Auto Loans 2017 and OlderRates as Low as
1 – 63 months3.60%
64 – 75 months3.99%
76 – 84 months4.99%

Auto Loans: Minimum loan amount usually $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 2017 and newer. Maximum term on 2015 and 2016 is 72 months. Maximum term on 2014 vehicle is 63 months. Maximum term on 2012 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 2018 and NewerRates as Low as
1 – 63 months3.40%
64 – 75 months3.99%
76 – 84 months4.99%
Motorcycles 2017 and OlderRates as Low as
1 – 63 months4.60%
64 – 75 months4.99%
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-$20,0004.99%
76 – 84 months $20,001-$50,0005.99%
85 – 144 months $50,001-$100,0008.99%

Jet Skis, ATVs: Add 2% to above rates.

Personal LoansRates as Low as
Share Secured 3.19%
Express Line of Credit7.99%
Unsecured, Signature8.00%
Credit Rebuilder10.00%

Share Secured : Loan amount $300-$25,000. Requires matching deposit in special savings account. Savings on hold for duration of loan.

Express Line of Credit: Loan amount $500-$5,000.

Unsecured, Signature: Minimum payment is $100 per month, unless specifically stated otherwise for special loan promotions. Loan amount $1,000-$5,000 and terms of 1-24 month.

Credit Builder: For credit grades C, D, and E only, or less than 639 credit score. Member adds 10% of loan amount to held funds. Proceeds on hold for duration of loan.

Credit CardsRates as Low as
Gold Plus Visa Credit Card9.99%
Gold Visa Credit Card12.99%
Classic Visa Credit Card14.88%

Visa Credit Cards: All rates are non-variable. Rate of 1.99% APR (Annual Percentage Rate) for 6 months on all balance transfers. No balance transfer or cash advance fees.

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.


HFCU employees are wearing masks and/or face shields and we require our members to do the same.Click here for more COVID-19 related information
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