Online Banking

Loan Rates

New & Pre-Owned Autos

Approximate Term Rates as low as
12 - 84 months1 1.99% APR

Boats & RVs

Approximate Term Rates as low as
12 - 120 months2 3.99% APR

Motorcycles & ATVs

Approximate Term Rates as low as
12 - 84 months3 3.99% APR

Protection Products

Products Loan Discounts
GAP (Guaranteed Asset Protection) {info} - .10
Extended Warranty {info} - .10
Multi-Shield Protection {info} - .10
Automatic Payment - .10
Debt Protection {info}
• All Cause Life
• All Cause Disability
• Involuntary Unemployment & Family Medical Leave of Absence.

- .05
- .05
- .10

Personal Loans

Loan Type Approximate Term Rates Start At
Line of Credit (Variable) n/a 10.24%
Personal4 n/a 7.99%

Secured Loans

Type Term Rates start at
Share Secured (Variable) 9 months - 120 months7 Regular Share plus 3.00%
CD Secured Term of CD CD rate plus 2.5%

Home (Equity, Improvement)

Loan Type Approximate Term Rates Start At
Home Equity5 60 months - 240 months 3.750% APR
Home Improvement6 60 months - 240 months 3.750% APR

Payment Example: 5.500% - 180 months – $8.17 per thousand.

Mortgage Loans

Home Mortgage loans are available on residential primary residences and second/vacation properties. Investment properties and manufactured homes not allowed. Rates are issued daily. For current rates, email mortgagedepartment@mccu.com or call 281.754.1101.

Disclosures

APR = Annual Percentage Rate. Rates are subject to change without notice. Each application is evaluated on an individual basis. Loan advances are granted based upon the applicant(s) credit history, ability to repay, purpose, stability and collateral. Loan advances are not granted based upon method of repayment. On variable rate loans, the Annual Percentage Rate (APR) for new advances and existing balances is based on an index which is the highest Prime Rate as published in the Money Rates section of The Wall Street Journal on the 15th day of the month for the preceding three months and is subject to change monthly. The index figure is posted in the lobby of each credit union office. Automatic payment includes: ACH or payroll deduction, ACH originated debit from another financial institution or auto transfer from an MCCU account as long as the account is set up to receive a regular ACH or payroll deposit equal to or exceeding the payment amount. * Guaranteed Auto Protection (GAP), Warranty Protection, Multi-Shield Protection, Auto Pay each qualifies for a .10% rate discount. Debt Protection (.05% All Cause Life; .05% All Cause Disability; .10% Involuntary Unemployment & Family Medical Leave of Absence).
1 Annual Percentage Rate of 1.99% is for an approximate term of 12-36 months. Payment example: 12 monthly payments of $84.23 per $1,000 borrowed at 1.99%. Discounts may be applied to rate of 1.99%.
2 Annual Percentage Rate of 3.99% is for an approximate term of 12-36 months. Payment example: 12 monthly payments of $85.15 per $1,000 borrowed at 3.99%. Stated rates do not reflect all available discounts.
3 Annual Percentage Rate of 3.99% is for an approximate term for 12-36 months. Payment example: 12 monthly payments of $85.15 per $1,000 borrowed at 3.99%. Stated rates do not reflect all available discounts.
4 On Personal loans, if the total loan balance with new advance is less than $1,000, rate is 18%. Interest accrues during promotional no payment periods.
5 Loan amounts $5,000 - $250,000. Maximum term is 20 years. No closing costs for loan amounts less than $100,000 unless an appraisal or property survey is needed. The maximum term for loan amounts $25,000 and under is 180 months. Over $25,000, the maximum term is 240 months. Available for first or second lien position only. Third lien position not allowed. Subject property must be in Texas. Primary residences or second/vacation properties only. Investment properties and manufactured homes not allowed. Maximum combined loan to value of 80%.
6
Loan amounts $5,000 - $250,000. Maximum term is 20 years. No closing costs for loan amounts less than $100,000 unless an appraisal or property survey is needed. The maximum term for loan amounts $25,000 and under is 180 months. Over $25,000, the maximum term is 240 months. Available for first or second lien position only. Third lien position not allowed. Subject property must be in Texas. Primary residences or second/vacation properties only. Investment properties and manufactured homes not allowed. Maximum combined loan to value of 95%.
7 The rate may change on the first day of every January, April, July and October. The minimum rate is 3.00% APR. The interest rate will not increase above 18%. Any increase in the rate may result in more payments of the same amount and may also cause an increase in the minimum amount of your payment.

For more information, please call 281.398.9900 or 800.753.2428

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