Loan Rates

Auto

New Car Loans

100% financing including tax and title on NEW cars.

Rate	Term	Maximum Amount	Conditions
as low as 5.25%	24 months
as low as 5.75%	36 months
as low as 6.25%	48 months
as low as 6.75%	60 months
as low as 7.25%	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 5.25%	24 months
as low as 5.75%	36 Months
as low as 6.25%	48 Months
as low as 6.75%	60 months

• 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 $25,000.00	100% Dealer MSRP
8.50%	Up to 180 months	$25,001 to $99,999	100% Dealer MSRP
9.00%	Up to 180 months	$100,000.00 to $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 $25,000.00	100% of book value (retail)
9.00%	Up to 120 months	$25,001 to $75,000	100% of book value (retail)
9.50%	Up to 120 months	$75,001.00 to $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 10.50%	24 months	$25,000.00	Must have over 6-months of employment.
as low as 10.50%	36 months	$25,000.00	Must have over 6-months of employment.
as low as 10.50%	48 months	$25,000.00	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 60 months		100% fully secured
4% above current dividend rate	Maximum of 60 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.

Home Equity

Home Equity Fixed-Rate Loan

Borrow a lump sum against the equity you've built in your home and pay it back in fixed monthly payments up to 15 years. Your rate is locked for the life of the loan, so your payment never changes.

Rate	Term	Maximum Amount	Conditions
5.49%	5 Year
5.74%	10 Year
5.99%	15 Year