Loan Rates

Pro Fed Loan Rates

Pro Fed Loan Rates
Effective 5/1/2008. Subject to change without notice.

Applying for a Pro Fed Loan is EASY! You can apply in person, online or use ProLoanConnection after hours or on weekends by calling 260-483-0514 or 800-752-4613 ext. 2. To calculate a loan payment, use our loan calculator.

AUTO LOANS
MODEL YEAR	TYPE	TERM (Months)	ANNUAL PERCENTAGE FIXED RATE	ANNUAL PERCENTAGE VARIABLE RATE

2006-2008	New (100%-Dealer Sheet Required)	Up to 60	6.24%	N/A
2006 or Newer	NewCarLine	Up to 60	5.74%	N/A
2005	Used	Up to 60	6.74%	6.00% (Prime+0.00% Min. 6.00%)
2004	Used	Up to 48	6.90%	6.00% (Prime+0.00% Min. 6.00%)
2003	Used	Up to 42	6.90%	6.00% (Prime+0.00% Min. 6.00%)
2002 & Older	Used	Up to 36	6.90%	6.00% (Prime+0.00% Min. 6.00%)

Please contact a loan officer for information concerning specialty-type autos or extended terms.

RECREATION VEHICLES
MODEL YEAR	TYPE	TERM (Months)	ANNUAL PERCENTAGE FIXED RATE	ANNUAL PERCENTAGE VARIABLE RATE

2006-2008 ($0.00 -$6,000)	New	Up to 60	7.00%	6.00% (Prime+0.00% Min. 6.00%)
2006-2008 ($6,001-$15,000)	New	Up to 84	7.25%	6.00% (Prime+0.00% Min. 6.00%)
2006-2008 ($15,001 and Up)	New	Up to 120	7.50%	6.00% (Prime+0.00% Min. 6.00%)
2005 and Older ($0.00- $6,000)	Used	Up to 60	8.00%	6.00% (Prime+0.00% Min. 6.00%)
2005 and Older ($6,001-$15,000)	Used	Up to 84	8.25%	6.00% (Prime+0.00% Min. 6.00%)
2005 and Older ($15,001 and Up)	Used	Up to 120	8.50%	6.00% (Prime+0.00% Min. 6.00%)

MOTORCYCLES
TYPE	TERM (Months)	Annual Percentage Fixed Rate	Annual Percentage Variable Rate

New	Up to 60	8.99%	N/A
Used	Up to 60	9.50%	N/A

BOATS & TRAILERS
TYPE	TERM (Months)	Annual Percentage Fixed Rate	Annual Percentage Variable Rate

New	1 - 60 Months	7.50%	N/A
New	61 - 84 Months	8.00%	6.00% (Prime+0.50% Min. 6.00%)
Used	Up to 60 Months	8.50%	N/A

Closed End Personal Loans & Large Purchases, $1,000 +
TERM (Months)/TYPE	Annual Percentage Fixed Rate	Annual Percentage Variable Rate

1 - 24 Months	11.00%	6.00% (Prime+1.00%)
25 - 36 Months	12.00%	6.50% (Prime+1.50%)
37 - 48 Months	13.00%	7.00% (Prime+2.00%)
Opened End
Quick Cash	15.00%	N/A
Prime Line ($2,500 or less)	N/A	9.00% (Prime+4.00%)
Prime Line ($2,501 or more)	N/A	8.00% (Prime+2.00% Min. 8.00%)
Personal 90 Day Notes
$0 - $2,000	11.25%	N/A
$2,001 - $5,000	10.25%	N/A
Certificate Pledge
1 Month - Certificate Maturity	Cert Rate + 1.00%	N/A
Share Pledge
Up to 36 Months	5.00%	N/A


2nd Mortgages - Minimum $5,000
TYPE	ANNUAL PERCENTAGE FIXED RATE

	1 - 36 Months	37-60 Months	61-84 Months	85-120 Months
LTV up to 85%	6.99%	7.49%	7.99%	8.99%
LTV 86% - 90%	7.49%	7.99%	8.49%	9.49%
LTV 91% 100%	7.99%	8.49%	8.99%	9.99%

Home Equity Lines of Credit

Variable Standard Home Equity Line of Credit
TYPE	ANNUAL PERCENTAGE VARIABLE RATE

Minimum Line of Credit $5,000	5.25% (Prime)
Variable Home Equity Line of Credit — Greater than 80% LTV
TYPE	ANNUAL PERCENTAGE VARIABLE RATE

LTV 81% - 85%	5.50% (Prime+0.50%)
LTV 86% - 90%	6.00% (Prime+1.00%)
LTV 91% - 100%	7.00% (Prime+2.00%)

Minimum required monthly payments will be the greater of $125.00 or 1.75% of the outstanding principal balance plus insurance charges and late payment fees. The maximum rate will be 18.00% or the maximum interest rate allowed by law, whichever is less.There may be closing costs associated with a loan request. Please call our office at 260-483-0514 or 800-752-4613 ext. 11 for exact costs.

First Mortgages
For First Mortgage Rates, click here or contact the credit union at 260-483-0514 ext. 16, or e-mail us at contactus@profedcu.org. Prime Rate is based on the highest published Prime Rate in the Wall Street Journal.

If you have any questions about this website or would like additional information about Pro Fed, please feel free to contact us at 260-483-0514 or 1-800-752-4613 or e-mail us at contactus@profedcu.org.