Loan Rates

Auto

New Car Loans

100% financing including tax and title on NEW cars.

Rate	Term	Maximum Amount	Conditions
as low as 5.00%	24 months
as low as 5.50%	36 months
as low as 6.00%	48 months
as low as 6.50%	60 months
as low as 7.00%	72 months		Must be over $20,000.

• All loan applications will be subject to a credit bureau report before the loan is approved.
• A hold of $100.00 will be placed on your main share account for the duration of any loan with B-MS Federal Credit Union.
  
• Loan policy and rates subject to change without prior notice.

Pre-Owned Car Loans

100% book value (Retail)

Rate	Term	Maximum Amount	Conditions
as low as 5.00%	24 months 2012 through 2014
as low as 5.50%	36 Months 2015 through 2019
as low as 6.00%	48 Months 2020 through 2023
as low as 6.50%	60 months 2024 through present

• All loan applications will be subject to a credit bureau report before the loan is approved.
• A hold of $100.00 will be placed on your main share account for the duration of any loan with B-MS Federal Credit Union.
  
• Loan policy and rates subject to change without prior notice.

New Recreational Vehicle Loans

Includes new boats, ATVs, motorcycles, trailers and motor homes.

Rate	Term	Maximum Amount	Conditions
8.00%	Up to 60 months	Less than $20,000.00	100% Dealer MSRP
8.00%	Up to 84 months	$200,000.00	100% Dealer MSRP

• Available with RV's (trailers and motor homes) over $20,000.00, up to a maximum of $200,000.00.
• Less than $20,000.00 the maximum term is 5-years.
• All loan applications will be subject to a credit bureau report before the loan is approved.
• A hold of $100.00 will be placed on your main share account for the duration of any loan with B-MS Federal Credit Union.
  
• Loan policy and rates subject to change without prior notice.

Used Recreational Vehicle Loans

Includes used boats, ATVs, motorcycles, trailers and motor homes.

Rate	Term	Maximum Amount	Conditions
8.50%	Up to 60 months	Less than $20,000.00	100% of book value (retail)
8.50%	Up to 84 months	$100,000.00	100% of book value (retail)

• Available with RV's (trailers and motor homes) over $20,000.00, up to a maximum of $100,000.00.
• Less than $20,000.00 the maximum term is 5-years.
• All loan applications will be subject to a credit bureau report before the loan is approved.
• A hold of $100.00 will be placed on your main share account for the duration of any loan with B-MS Federal Credit Union.
  
• Loan policy and rates subject to change without prior notice.

Mortgages

Real Estate Loans (Mortgage/Refinance)

For current rates, please call our toll-free number (866) 443-4961.

Personal Loans

Signature Loans

This is for a personal loan up to a maximum amount of $15,000.

Rate	Term	Maximum Amount	Conditions
as low as 9.00%	24 months	$15,000.00	Must have over 6-months of employment.
as low as 9.00%	36 months	$15,000.00	Must have over 6-months of employment.
as low as 9.00%	48 months	$15,000.00	Must have over 6-months of employment.

• All loan applications will be subject to a credit bureau report before the loan is approved.
• Loans must be paid down 30% before refinancing is available.
• A hold of $100.00 will be placed on your main share account for the duration of any loan with B-MS Federal Credit Union.
  
• Loan policy and rates subject to change without prior notice.

Share Secured Loans

Rate	Term	Maximum Amount	Conditions
3% above current dividend rate	Maximum of 48 months		100% fully secured
4% above current dividend rate	Maximum of 48 months		50% secured

• All loan applications will be subject to a credit bureau report before the loan is approved.
• Loans must be paid down 30% before refinancing is available.
• A hold of $100.00 will be placed on your main share account for the duration of any loan with B-MS Federal Credit Union.
  
• Loan policy and rates subject to change without prior notice.

Education Loans

Special Loans

Rate	Term	Maximum Amount	Conditions
8.50%	2-Years	Up to $2,500.00	Computer related purchase
8.50%	3-years	Up to $5,000.00	Education (including technological)

• All loan applications will be subject to a credit bureau report before the loan is approved.
• Loans must be paid down 30% before refinancing is available.
• A hold of $100.00 will be placed on your main share account for the duration of any loan with B-MS Federal Credit Union.
  
• Loan policy and rates subject to change without prior notice.