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Home > Loan Rates

NEW/USED AUTOS, TRUCKS, CUSTOMIZED VANS

 

New / Used Autos financed at NADA Retail/MSRP

$20,000 minimum loan amount for 72 months

4.99%APR* to 18.00%APR*

 

Recreational Vehicle Rates**:

Type Term APR*
New max. 120 mo. from 7.25% to 18.00%
Used max. 84 mo. from 7.25% to 18.00%
Boats-New max. 60 mo. from 7.25% to 18.00%
Boats-Used max. 48 mo. from 7.25% to 18.00%

**$1-$29,999 Borrowed requires 5% down-payment; $30,000+ requires 10% down-payment.

Home Loans

Click here for Current Daily Rates

Type Term APR*
1st Mortgage
(fixed rate) ***
to 30 years call 901-385-5210
1st Mortgage Land
(fixed rate)
10 years
7.50%
($11.87 per $1,000 borrowed)
2nd Mortgage &
Home Equity/ Improvement
(closed end/fixed rate)
80% loan to value
10 year max
7.75%
($12.00 per $1,000 borrowed)
90% loan to value
10 year max
8.50%
($12.40 per $1,000 borrowed)
95% loan to value
10 year max
9.25%
($12.80 per $1,000 borrowed)
Prime Line Home Equity
Line of Credit
80% loan to value
(max. $100,000)
Prime
90% loan to value
(max. $75,000)
Prime + 1%
   
Construction 8 months Prime + 2%

*** Up to 95% of appraised value or purchase price whichever is less. 5, 10, 15, 20 & 30 year loans available.  Quoted rates subject to change daily. Contact a MATCU representative online or call (901) 385-5210 or (800) 532-9025 for the most current rates. Any mortgage loans in excess of $417,000 will be 2% higher than the posted rates.

Consumer Loans

Type Term APR*
Line of Credit revolving from 8.25% to 18.00%
Personal max. 60 mo. from 8.25% to 18.00%
Education Line of Credit max. 180 mo. Prime to Prime + 2% variable
Education Consolidation max. 120 mo. Prime to Prime + 2% variable
Appliances, etc.   from 7.25% to 18.00%
Share Secured (Share 00)   current dividend rate + 3%

Rates and terms are subject to change daily and/or without notice. Loan rates, terms and down payment requirements are subject to individual credit approval and requested financing amount. The rate you pay is based on your credit history.

*APR is Annual Percentage Rate

7845 Highway 64
Memphis, TN 38133
901.385.5200
info@matcu.com

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