Loan Rates

Auto Loan Disclosures

*Annual Percentage Rate (APR) is based on an evaluation of applicant’s credit. Your actual rate may vary. Not all will qualify for the lowest rate. Payments for $20,000 loan at 5.14% APR for 36 months are approximately $600.68 per month. Rates are subject to change without notice. Other rates and terms are available. Financing is available up to 135% of NADA Retail Value on new and used cars.

 

Loans are subject to a minimum monthly payment of $45.00.

 

Car loans with terms of 49 to 60 months require a minimum $7,000 purchase price. Car loans with terms of 61 to 72 months require a minimum $15,000 purchase price. Car loans with terms of 73 to 84 months require a minimum $20,000 purchase price.

Motorcycle Loan Disclosures

*Annual Percentage Rate (APR) is based on an evaluation of applicant’s credit. Your actual rate may vary. Not all will qualify for the lowest rate.

 

Loans are subject to a minimum monthly payment of $45.00.

 

Sample payment of $15,000 Motorcycle with 7.79% APR for 72 months term, your monthly payments will be $261.46.

 

See Fee Schedule for related charges and Consumer Loan Disclosure for all terms and conditions.

Boat and RV Loan Disclosures

*Annual Percentage Rate (APR) is based on an evaluation of applicant’s credit. Your actual rate may vary. Not all will qualify for the lowest rate.

 

Loans are subject to a minimum monthly payment of $45.00.

 

Sample payment of $20,000 Boat/RV with 8.99% APR for 60 months term, your monthly payments will be $415.07.

 

See Fee Schedule for related charges and Consumer Loan Disclosure for all terms and conditions.

Home Equity Loan and Line of Credit Disclosures

CommonWealth One Federal Credit Union complies with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E. Act). A list of our registered originators can be found by searching for CommonWealth One FCU at https://www.nmlsconsumeraccess.org/.
¹ LTV = Loan-to-Value. The maximum combined loan-to-value for investment properties is 90%.
*Annual Percentage Rate (APR) is based on an evaluation of applicant’s credit. Your actual rate may vary. Not all will qualify for the lowest rate. 
Minimum loan or line of credit amount is $15,000 and maximum loan or line of credit amount is $250,000.
Loans are subject to a minimum monthly payment of $45.00.
Home Equity Loans and Lines of Credit are available on primary residences located in Virginia, Maryland, North Carolina, Kentucky, Tennessee, West Virginia, and Washington, DC.
Please check with your tax advisor regarding loan interest deductibility.
Closing costs include credit reports, appraisal fee, flood certification, title search, recording fees and mortgage transfer taxes. Members will be obligated to pay the closing costs associated with the closing of this loan request. If a drive by or a full appraisal is required to support the loan request, this expense will paid by the member. Total closing costs generally range from $100 to $1,000 based on the loan amount. Closing costs can be incorporated and paid with the loan proceeds. Members should retain a copy of the home equity disclosures. Member may receive a refund of any fees if the rate changes and the member decide not to complete the process.
Property insurance is required and flood insurance may be required.
Granting of a home equity loan may result in the credit union acquiring a security interest in the property.
Certain restrictions apply.

Personal Loan Disclosures

*Annual Percentage Rate (APR) is based on an evaluation of applicant’s credit. Your actual rate may vary. Not all will qualify for the lowest rate. Payments for $1,000 at 8.99% APR for 24 months are approximately $45.68 per month.  Funds may not be used to pay off an existing CommonWealth One loan.

 

** Annual Percentage Rate (APR) is based on an evaluation of applicant’s credit. Your actual rate may vary. Not all will qualify for the lowest rate. Payments for $1,000 at 17.49% APR for 12 months are approximately $91.44 per month. Funds may not be used to pay off an existing CommonWealth One loan. Member may only have one Credit Builder Loan at a time. Other terms and conditions may apply.

Payments for $3,000 Campus Bookstore Loan at 8.40% APR for 24 months are approximately $136.23 per month. Applications are subject to credit approval.    

Loans are subject to a minimum monthly payment of $45.00.

 

 

Secured Loan Disclosures

Loans are subject to a minimum monthly payment of $45.00.
Variable rate loan option APR may change after loan closes.
Share and Certificate Secured Loans maximum loan amount is the available balance on deposit.

Disclosures

*APR = Annual Percentage Rate. All credit union rates and terms are based upon the evaluation of applicant(s) credit. Your actual rate may vary.  Rates are based on your creditworthiness and will vary with the market based on the Prime Rate. 
All credit union rates and terms are based upon the evaluation of applicant(s) credit. Your actual rate may vary. Other terms and conditions may apply. 
Visa’s Zero Liability Policy covers U.S.-issued cards and does not apply to certain commercial card transactions or any transactions not processed by Visa. You must notify your financial institution immediately of any unauthorized use. For specific restrictions, limitations and other details, please contact us.
¹Certain terms, conditions, and exclusions apply. In order for coverage to apply you must use your covered Visa card to secure transactions. Please refer to your Guide to Benefits for further details.
^†The Visa Signature Credit Card 10,000 bonus rewards points offer applies to new card holders only. New cardholders will receive 10,000 bonus reward points when they make $1,500 in purchases within first 90 days of account opening. Balance transfers and cash advances do not apply.