Hampton Roads Educators' CU

Loan Rates effective January 1, 2023

New Autos
New - 2021	APR
Up to 60 Months	3.79% - 15.79%
61 - 66 Months	3.99% - 15.99%
67 - 75 Months	4.49% - 16.49%
76 - 84 Months	5.49% -8.49%

Used Autos
Used	APR
2016 - 2020 (Up to 75 Months)	3.99% - 16.99%
2015 & Older (Up to 60 Months)	5.99% - 17.99%

Home Equity Fixed Rate
Fixed rate terms up to 90% LTV	APR
Up to 60 Months	5.49%
61 - 120 Months	6.49%

Home Equity Line of Credit
Value/Term/Year	APR
$10,000 and up/up to 85% LTV/up to 25 years to repay	Prime + 1.00%***

Signature Loan
Term	APR
Up to 36 Months ($5,000 and less)	10.00% - 21.00%
48 Months ($5,001 - $15,000)	10.00% - 21.00%

In Case of Emergency (I.C.E.) Loan
Term	APR
Revolving	Variable. Currently 10.00% - 20.00%

Savings Certificate Secured
Term	APR
Savings Certificate of Deposit Secured	3.00%

Savings Secured
Term	APR
No set term	3.00%

**All Rates Subject to Change** APR: Annual Percentage Rate. Rate based on credit worthiness.

***$10,000 minimum line of credit - $50,000 maximum line of credit on 85% LTV. The line of credit has a variable-rate feature, and the annual percentage rate (corresponding to the periodic rate) and the minimum payment can change as a result. The Annual Percentage Rate includes only interest and not other costs. The fully indexed Annual Percentage Rate (APR) is subject to change quarterly. Your rate will never be less than 4% or exceed 18% or the maximum allowed by law. The Annual Percentage Rate is based on the value of an index. The index is the lowest Prime Rate as published in the "Money Rates" section of the Wall Street Journal (published daily). To determine the Annual Percentage Rate that will apply to your line, which may vary each quarter, we add a margin of 1.00% to the value of the index. Ask us for the current index Value as well as the annual percentage rate. All closing costs will be paid by the borrower.

We Do Business in Accordance With the federal Fair Housing Law and the Equal Credit Opportunity Act.