Loan Rates

*Fixed second mortgage loans. Annual Percentage Rate (APR) as low as 7.00% for qualified members. Rates may vary based upon one or more of the following: credit rating and value of collateral. Minimum APR is 7.00%. Maximum (loan to value) LTV is 80%, 85%-90% LTV with a rate increase of .50% (85%) or 1.00% (90%). Owner occupied properties only. Rates are subject to change. Example - $990.17 payment on a $50,000 loan, 60 months with a 7.00% rate. Member pays no closing costs if the loan is above $75,000, unless the loan is paid in full and closed within 36 months. If the loan is paid in full and closed within 36 months, the member is responsible for repaying all fees associated with obtaining the loan. Equal Housing Lender. TrueCore Federal Credit Union, 215 Deo Drive, Newark, Ohio 43055. NMLS# 470044

**The interest rate is variable and is based upon an index plus a margin. The interest rate will vary with Prime Rate (the index) as published in the Wall Street Journal. As of September 5, 2023, the variable rates for Home Equity Lines of Credit range from 8.50% to 18.00%. Higher rates may apply due to an increase in the Prime Rate, a credit limit below $25,000, and/or a low credit score. The rate will not vary above 18% or below 3.00%. Loans are subject to credit approval and program guidelines. Interest rates and program terms are subject to change without notice. Property insurance is required. Member pays no closing costs if the loan is above $75,000, unless the loan is paid in full and closed within 36 months. If the loan is paid in full and closed within 36 months, the member is responsible for repaying all fees associated with obtaining the loan. Equal Housing Lender. Federally insured by the NCUA. TrueCore Federal Credit Union, 215 Deo Drive, Newark, Ohio 43055. NMLS# 470044