Loan Rates

Description Fixed APR Var. APR Term
New Vehicles

2018-2017

 

 

3.35%-6.10% (up to $20,000 value) 00 to 60 months

< 1,000 miles

4.85%-8.85% (over 20,000 value) 61 to 72 months
Used Vehicles

2015-2017

 

 

2012 to 2014

 

4.80%-8.80%

5.80%-9.80%

5.85%-9.85% 

5.95%-10.95%

(up to $20,000 value)

(over $20,000 value)

 

(over $16,000 value)

 

00 to 48 months

49 to 60 months

00 to 48 months 

49 to 60 months 

 

2007-2011

 

 

6.85%-10.85%

7.10%-11.10%

(over $12,000 value)

00 to 36 months

37 to 54 months

2006 & older

7.35%-11.35% 00 to 36 months
Yard/Garden/Recreation/Equipment

Used

 

New

5.85%-9.85%

6.60%-10.60% 

3.35%-7.35%

4.85%-9.35%

00 to 36 months

37 to 48 months 

00 to 36 months

37 to 60 months

Boats & Campers

Used

6.100%-10.10%

6.35%-10.35%

 

00 to 36 months

37 to 48 months

 

New-10 year max/5 year balloon

3.35%-9.35% 49 to 60 months
Unsecured/Signature

.

10.85%-16.60%

 

11.35%-17.10%

 

00 to 12 months

 

13 to 24 months

Agriculture

.

6.85%-10.85%

00 to 60 months

Mobile Homes

New-20 yr max

6.85%-10.60%

 

balloon every 5 yrs

 

00 to 60 months

 

Used-10 year max, 5 year balloon

 

8.35%-12.35%

 

 

00 to 60 months

 

 

Home Equity

See Credit Union for details

 

 

 

5.25%-9.90%     adjusted annually

 

Share or CD Secured

2% over current share or CD rate

00 to 60 months
A picture of the Red Lake Co-op Federal Credit Union office building

                   A house icon to clic on to apply for a home loan

 Click here for our Mortgage Loan Application

Now you can pay for college the smart way.  When scholarships, federal loans, and financial aid don't cover all your expenses, the Smart Option Student Loan can make up the rest.  Sallie Mae Smart Option Student Loan.  TOGETHER WE CAN DO THIS.