Burbank City Federal Credit Union

Loan Rates

Auto

Recreational Vehicle

Motorcycle

Express Home Equity

Equity Advantage LOC

Certificate Secured

Personal

Credit Cards


 

Auto Rates
Fixed Rate - Car, Truck, SUV, Van
Up to 125% MSRP/125% KBB - Annual percentage rates as low as:
Term New Used
Up to 35 months 1.89% APR* 1.89% APR*
Up to 59 months 2.39% APR* 2.39% APR*
Up to 83 months 2.69% APR* 2.69% APR*
Up to 84 months 3.69% APR* 3.69% APR*
Effective 01/04/2017
* APR = Annual Percentage Rate
Representative Example: A $25,000 loan financed at 2.69% for 83 months would result in 83 payments of $330.72. Loan rates are based on term and applicant credit history. All loans are subject to credit approval and are subject to Burbank City Federal Credit Union policies and procedures. Rates are subject to change without prior notice. Rates advertised are for vehicles year models 2011 or newer and with less than 100,000 miles.

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Recreational Vehicle Rates
Up to $75,000 - Fixed Rate
Up to 125% MSRP/NADA - For RVs
Annual percentage rates as low as:
Term New Used
Up to 59 months 4.50% APR* 4.50% APR*
Up to 95 months 4.99% APR* 4.99% APR*
Up to 119 months 5.24% APR* 5.24% APR*
Up to 144 months 5.99% APR* 5.99% APR*
Effective 01/04/2017
* APR = Annual Percentage Rate
RV’s are: Motorhomes, Travel Trailer, Camper, Boat & Trailer, Watercraft & Trailer.

Used RV no more than seven-model years (2011) back and not to exceed 100,000 miles.

Representative Example: A $35,000 loan at 5.79% for 144 months would result in 144 payments of $337.85. Loan rates are based on term and applicant credit history. All loans are subject to credit approval and are subject to Burbank City Federal Credit Union policies and procedures. Rates are subject to change without prior notice.

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Motorcycle Loan Rates
Up to $40,000 - Fixed Rate
Up to 110% MSRP/NADA
Annual percentage rates as low as:
Term New Used
Up to 59 months 6.50% APR* 6.50% APR*
60 to 72 months 7.00% APR* 7.00% APR*
Effective 01/03/2017
* APR = Annual Percentage Rate
Motorcycles are: Street legal motorcycles, dirt bikes and off-highway vehicles.

Used motorcycle no more than five-model years (2013) back and not to exceed 50,000 miles.

Representative Example: A $20,000 loan at 6.50% for 59 months would result in 59 payments of $398.63. Loan rates are based on term and applicant credit history. All loans are subject to credit approval and are subject to Burbank City Federal Credit Union policies and procedures. Rates are subject to change without prior notice.

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Express Home Equity Loan Rates - Owner Occupied
Fixed Rate
Term Rate
Up to 60 months 2.75% to 16.00% APR*
Up to 84 months 3.25% to 16.00% APR*
Up to 120 months 4.00% to 16.00% APR*
121 months 4.50% to 16.00% APR*
180 months 5.00% to 16.00% APR*
240 months 5.50% to 16.00% APR*
70% LTV or less, for loan amounts up to $250,000
71% to 80% LTV, for loan amounts up to $150,000
Effective 01/04/2017
* APR = Annual Percentage Rate
Single Family Residence Only
California Only
Representative example assumes a loan amount of $150,000: A 15 Year loan at 5.00% APR will have 180 monthly payments of $1,186.51.
Loan rates are based on term and applicant credit history. All loans are subject to credit approval and are subject to Burbank City Federal Credit Union policies and procedures. Rates are subject to change without prior notice.

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Express Home Equity Loan Rates - Non-Owner Occupied
Fixed Rate
Term Loan to Value (LTV) Rate Amount Financed
Up to 180 months 80% or less 7.00% to 16.00%% APR* Up to $100,000
Effective 01/04/2017
* APR = Annual Percentage Rate
Single Family Residence Only
California Only
Representative example assumes a loan amount of $100,000: A 15 Year loan at 7.00% APR will have 180 monthly payments of $899.21.
Loan rates are based on term and applicant credit history. All loans are subject to credit approval and are subject to Burbank City Federal Credit Union policies and procedures. Rates are subject to change without prior notice.

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Equity Advantage LOC Loan Rates - Owner Occupied
Variable Rate
Loan to Value (LTV) Margin Rate Amount Financed
70% or less 4.250% to 10.500% 4.250% to 10.500% APR* Up to $250,000
71% - 80% 3.750% to 6.500% 3.750% to 6.500% APR* Up to $150,000
Effective 01/04/2017
* APR = Annual Percentage Rate
Index is the 26-week/6-month Treasury-Bill auction rate plus margin
Rate Caps - Floor rate of 3%, Maximum rate of 15% and no annual adjustment cap.
Payments are based on the current margin and index rate.
Payment Example: Loan for $100,000 based on a 70% Loan To Value (LTV) with a margin of 4.25% and an index of 0.08% equals an interest rate of 4.25% with a payment of $753.00 per month.
Term - All Home Equity Lines of Credit are based on a 15-year term with principal and interest payments.
Draw Period - 15 years draw period. After draw period ends, the repayment period begins (up to 15 years)
Loan Fees: No closing fees and no annual fees.
Single Family Residence Only
California Only
Loan rates are based on term and applicant credit history. All loans are subject to credit approval and are subject to Burbank City Federal Credit Union policies and procedures. Rates are subject to change without prior notice.

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Equity Advantage LOC Loan Rates - Non-Owner Occupied
Variable Rate
Loan to Value (LTV) Margin Rate Amount Financed
70% or less 4.75% to 6.00% 4.75% to 6.00% APR* Up to $100,000
Effective 01/04/2017
* APR = Annual Percentage Rate
Index is the 26-week/6-month Treasury-Bill auction rate plus margin
Rate Caps - Floor rate of 3%, Maximum rate of 15% and no annual adjustment cap.
Payments are based on the current margin and index rate.
Payment Example: Loan for $100,000 based on a 70% Loan To Value (LTV) with a margin of 4.75% and an index of 0.08% equals an interest rate of 4.75% with a payment of $779.0 per month.
Term - All Home Equity Lines of Credit are based on a 15-year term with principal and interest payments.
Draw Period – 15 years draw period. After draw period ends, the repayment period begins (up to 15 years).
Loan Fees: No closing fees and no annual fees.
Single Family Residence Only
California Only
Loan rates are based on term and applicant credit history. All loans are subject to credit approval and are subject to Burbank City Federal Credit Union policies and procedures. Rates are subject to change without prior notice.

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Certificate Secured Loan Rates
Term Rate
Up to 60 months - due at maturity of certificate. 2.00% above earned rate on certificate.
Effective 01/04/2017
Representative Example: A $1,000 loan financed at 7.20% for 12 months would result in 12 payments of $86.62.

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Personal Loan Rates
Term Rates as low as:
Up to 60 months 6.99% APR*
Effective 01/04/2017
* APR = Annual Percentage Rate
"As low as" rates listed above are our best rate based on approved credit. Actual rate may be higher depending upon applicant's credit rating and other underwriting factors. A typical $2,000 loan financed at 6.99% for 24 months would result in 24 payments of $89.72.
Maximum term on personal loan is 48 months for amounts less than $7,500, 60 months for amounts greater.

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MasterCard Credit Cards and Personal Line of Credit Rates
Rates as low as:
Platinum Rewards MasterCard Credit Card 1.99% APR**
MasterCard Credit Card 9.90% APR*
Secured MasterCard Credit Card 9.90% APR*
Personal Line of Credit 9.90% APR*
Effective 01/04/2017
* APR = Annual Percentage Rate
** Introductory APR for a period of six (6) billing cycles. When the discounted period expires, the APR on existing balances will increase to the new non-discounted rate on the first day of the billing cycle. After that your APR will be 9.00% to 14.25% based on your creditworthiness. This APR will vary with the market based on the Prime Rate. Introductory rate is for purchases only. The APR for Cash Advances and Balance Transfers will be 9.00% to 14.25% based on your creditworthiness. This APR will vary with the market based on the Prime Rate. Refer to the “Burbank City Platinum Rewards, Share Secured MasterCard and MasterCard Classic Application Disclosure and Solicitation Disclosure” and the “MasterCard Agreement” for more information.
"As low as" rates listed above are our best rate based on approved credit. Actual rate may be higher depending upon applicant's credit rating and other underwriting factors. Line of Credit minimum monthly payment is based on an amortization of up to 60 months. A typical $2,000 Line of Credit financed at 9.90% would result in a monthly payment of $42.41.

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DEPOSIT LOANS
Product APR*
New Auto 1.89%
Used Auto 1.89%
RV ($35K+) 4.95%
MasterCard Platinum 1.99% APR**%
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Please read our Privacy Policy and End-User Agreement. © 2017 Burbank City Federal Credit Union. Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration (NCUA), a U.S. Government Agency. NCUA