Your Security 
Loan Rates
| Variable APR | Index(Wall Street Journal Prime Rate) | Margin | Minimum Line | Maximum Line | Floor | Ceiling |
| 4.00%* | 3.25% | .00%* | $10,000 | $250,000 | 4.00% | 15.00% |
- Credit lines up to $250,000
- Term: 10-year draw, followed by a 15-year repayment period
- Interest-Only payments available
- No points, fees, or upfront costs2
- Convenient checkbook, ATM and Online Banking access
- No annual fee3
- Potential tax deductions - check with your tax advisor
- Minimum monthly payment is only $154
- USE is an Equal Housing Lender
All loans subject to credit approval. Rates, terms, and conditions subject to change without notice. Your payment may increase as a result of re-amortization at the onset of the repayment period. Must be owner-occupied, single-family residence or 1-4 story condominium in California only. Annual Percentage Rates listed are our best rates and may be higher based on credit history and other qualifying criteria. Click here for rate details/quote.
*Rates effective as of 6/1/2009. The Annual Percentage Rate can adjust monthly and may be as low as the Prime Rate (as published in the Wall Street Journal - currently
3.25%
) plus a margin based on credit criteria and relationship based discounts. Currently qualification for a Relationship Discount of .50% requires automatic payments to new HELOC from a USE Checking Account and minimum combination of $10,000 initial advance and/or deposit at USE. Rate will never be less than our floor rate of 4.00%. Your rate may be higher. Although your fully-indexed rate is subject to change monthly, the Prime Rate may change at any time. The maximum APR is 15.00%. Maximum Equity Line is 80% Combined Loan-To-Value (CLTV) with a maximum loan of $250,000. Comprehensive fire and hazard insurance required.
2. If the loan is closed within three years of origination, an Early Account Closure Fee of $500 may be assessed. A Reconveyance Fee is charged when your line is closed and your balance is paid in full.
3.The $50 Annual Fee is waived the first year and assessed on your anniversary date any year thereafter your balance falls below $10,000.
4.Minimum monthly payment is $15 or your entire balance, whichever is less.
| FIXED RATE SECOND MORTGAGE LOANS |
| Rate as low as 7.49% |
All loans subject to credit approval. Rates, terms, and conditions subject to change without notice. Click here for more rate information. Certain terms and restrictions apply. Rate is based upon credit criteria. Your rate may be higher. $175 loan fee. Regular fees may apply at the end of the loan (e.g., responding to a demand and/or preparing a reconveyance). Please consult your tax advisor for IRS guidelines on the deductibility of interest payments. USE is an Equal Housing Lender. Financing available for owner-occupied, single family residences and 1-4 story condominiums in California only. Comprehensive fire and hazard insurance required.
| 1st Mortgage Loans |
| Click here |
| LOAN TYPE | MAX LOAN AMOUNT* | LOAN TERM | RATES | APPLICATION FEE IF APPLICIABLE | APR** |
| New Auto (Model Year 2008 and Newer) | Up to 115% of the Vehicle's Base Invoice | Up to 84 months | 2.99% to 16.99% | N/A | 2.99% to 16.99% |
| Used Auto (Model Year 2007 and Older) | Up to 115% of Base Retail Kelley Blue Book Value | Up to 84 months | 4.49% to 17.99% | N/A | 4.49% to 17.99% |
| New Motor Home | Up to 80% financing of purchase price | Up to 180 months | 9.49% to 16.99% | N/A | 9.49% to 16.99% |
| Used Motor Home | Up to 80% of wholesale Kelley Blue Book Value | Up to 180 months | 9.86% to 17.36% | N/A | 9.86% to 17.36% |
| New Boat | Up to 80% financing | Up to 180 months | 9.49% to 16.99% | N/A | 9.49% to 16.99% |
| Used Boat | Up to 80% of Marine Survey Value | Up to 180 months | 9.86% to 17.36% | N/A | 9.86% to 17.36% |
(2.99% APR is a promotional auto loan based on a new car purchase and a minimum loan amount of $10,000 and approximately 24 monthly payments of $42.99 per $1,000 borrowed. Offer expires February 28, 2010.) APRs subject to loan term and amount financed. Rates are listed in a range from lowest to highest, and certain terms and restrictions may apply. Lowest APR shown reflects rate discount for automatic payments from an active USE checking account. To qualify as an "active" checking account, you must have a minimum activity level of five (5) transactions posted each month. Eligible transactions include deposits or withdrawals by check, debit card, ATM card, ACH, transfers between USE accounts, automated deposits and automated withdrawals. In addition, you must maintain a positive account balance or meet the requirements of one of USE's overdraft protection programs. The loan interest rates and monthly payment information provided are only estimates. Actual interest rates and monthly payment amounts are based on your personal credit history and will be provided upon receipt of a completed loan application approved by USE Credit Union. Please consult your tax advisor for IRS guidelines on the deductibility of interest payments. USE is an Equal Housing Lender. Financing may include dealer service contracts, such as Guaranteed Auto Protection and Mechanical Breakdown Insurance. USECU also offers similar service contracts at very reasonable rates.
Click here for a payment example for your specific loan needs.
| LOAN TYPE | MAX LOAN AMOUNT | LOAN TERM | RATES | APPLICATION FEE IF APPLICIABLE | APR |
| Signature Loan | Up to $30,000 | Up to 96 months | 12.99% to 28.49% | N/A | 12.99% to 28.49% |
All loans subject to credit approval. Rates, terms, and conditions subject to change without notice. The APR represents the total cost of credit, including fees. Rate is based upon credit criteria. Your rate may be higher. Rates are listed in a range from lowest to highest, and certain terms and restrictions may apply. $30,000 is the max combined total unsecured loan limit/balances per member.
Click here for a payment example for your specific loan needs.
| ANNUAL PERCENTAGE RATE | 9.90% APR |
| VARIABLE RATE |
Your Annual Percentage Rate may vary. The initial Annual Percentage Rate of 5.99% is discounted and will be in effect until the last day of the December 2010 billing cycle. Thereafter, the Annual Percentage Rate is 9.90%. |
| GRACE PERIOD for the repayment of the balance for purchases |
25 days on new purchases if paid in full by payment due date as set forth on your periodic statement. |
| METHOD of computing the balance for purchases |
Average Daily Balance (including new transactions) |
| ANNUAL FEE | None |
| CASH ADVANCE FEE | Advance Fees are 2% or a Minimum of $1.00 |
| LATE PAYMENT CHARGE | $10.00 if minimum monthly payment is more than 10 days late. |
| OVERLIMIT FEE | None |
| EFFECTIVE DATE | February 19, 2010 |
All loans subject to credit approval. Rates, terms, and conditions subject to change without notice. Rate is based upon credit criteria. Your rate may be higher. Promotional rates are applicable only to USE Credit Union VISA applicants who establish a new VISA account from 1/1/10 – 5/31/10. Internal VISA balance transfers or existing cardholders wishing to upgrade or change VISA products do not qualify for these promotional rates.
| ANNUAL PERCENTAGE RATE | 12.90% APR |
| VARIABLE RATE |
Your Annual Percentage Rate may vary. The initial Annual Percentage Rate of 5.99% is discounted and will be in effect until the last day of the December 2010 billing cycle. Thereafter, the Annual Percentage Rate is 12.90%. |
| GRACE PERIOD for the repayment of the balance for purchases |
25 days on new purchases if paid in full by payment due date as set forth on your periodic statement. |
| METHOD of computing the balance for purchases |
Average Daily Balance (including new transactions) |
| ANNUAL FEE | None |
| CASH ADVANCE FEE | Advance Fees are 2% or a Minimum of $1.00 |
| LATE PAYMENT CHARGE | $10.00 if minimum monthly payment is more than 10 days late. |
| OVERLIMIT FEE | None |
| EFFECTIVE DATE | February 19, 2010 |
All loans subject to credit approval. Rates, terms, and conditions subject to change without notice. Rate is based upon credit criteria. Your rate may be higher. Promotional rates are applicable only to USE Credit Union VISA applicants who establish a new VISA account from 1/1/10 – 5/31/10. Internal VISA balance transfers or existing cardholders wishing to upgrade or change VISA products do not qualify for these promotional rates.
| ANNUAL PERCENTAGE RATE | 17.90% APR |
| RATE TYPE | Fixed |
| GRACE PERIOD for the repayment of the balance for purchases |
25 days on new purchases if paid in full by payment due date as set forth on your periodic statement. |
| METHOD of computing the balance for purchases |
Average Daily Balance (including new transactions) |
| ANNUAL FEE | $5.00 |
| CASH ADVANCE FEE | Advance Fees are 2% or a Minimum of $1.00 |
| LATE PAYMENT CHARGE | $10.00 if minimum monthly payment is more than 10 days late. |
| OVERLIMIT FEE | None |
| EFFECTIVE DATE | February 19, 2010 |
All loans subject to credit approval. Rates, terms, and conditions subject to change without notice. Rate is based upon credit criteria. Your rate may be higher. To be eligible for a USE Visa card, you must be at least 18 years of age and a permanent U.S. resident with a Social Security Number. Applicants under the age of 21 must provide a qualified co-signer with the means to repay any extension of credit or the applicant must demonstrate that he/she has the independent means to repay any extension of credit.
Visa Platinum Secured
| ANNUAL PERCENTAGE RATE | 21.90% APR |
| RATE TYPE | Fixed |
| GRACE PERIOD for the repayment of the balance for purchases |
25 days on new purchases if paid in full by payment due date as set forth on your periodic statement. |
| METHOD of computing the balance for purchases |
Average Daily Balance (including new transactions) |
| ANNUAL FEE | $35.00 |
| CASH ADVANCE FEE | Advance Fees are 2% or a Minimum of $1.00 |
| LATE PAYMENT CHARGE | $10.00 if minimum monthly payment is more than 10 days late. |
| OVERLIMIT FEE | None |
| EFFECTIVE DATE | February 19, 2010 |
All loans subject to credit approval. Rates, terms, and conditions subject to change without notice. Rate is based upon credit criteria.
All loans subject to approval. Must pass ChexSystems to qualify. Must establish Direct Deposit to USE Checking/Savings account. Rates, terms, and conditions subject to change without notice. Rate is based upon credit criteria.
