Loan Account Rates

Rates effective 12/01/2014 and subject to change. APR =Annual Percentage Rate.   For additional information regarding rates and terms on Progressions Credit Union loans, please call 535-0191 or 1-800-828-8691 between 8 a.m. and 6 p.m. or contact us.

Autos, Trucks and Road Motorcycles

REFINANCE SPECIAL: Move your Auto, Motorcycle (Road), Boat, or RV to Progressions and receive 1% Cash Back Bonus!*

Terms

APR  as low as

Down Payment

Up to 36 months on 2011 & newer models.

2.24%

As low as 0%

Up to 100% financing available plus tax and license.

Up to 72 months on 2011 & newer models.

2.24%

Up to 80% financing available

Up to 72 months on 2011 & newer models

2.24%

As low as 0%

Up to 115% financing available plus tax and license.

Up to 72 months on 2007-2010 models.

2.74%

As low as 0%

Up to 115% financing available plus tax and license.

Up to 72 months on 2004-2006

2.99%

As low as 0%

Up to 115% financing available plus tax and license.

Up to 48 months on 1999-2003 models.

8.99%

As low as 0%

Up to 110% financing available including tax and license.

O.A.C. = On Approved Credit. APR=Annual Percentage Rate. Rate effective 12/01/2014 and subject to change.  Rate advertised is based on the credit quality of the borrower, yours may be different. Auto Rate advertised applies to 2011 and newer model years with terms up to 72 months. Other great rates and terms available up to 84 months. The lowest rate available for 84 months is 2.74% APR. 2.24% APR Payment Example: 72 month payment is $14.93 for every $1,000.00 borrowed. 2.74% APR Payment Example: 84 month payment is $15.08 for every $1,000.00 borrowed. Existing Progressions loans do not qualify for these rates. Rates advertised include a .50% discount for automatic payment from an active Progressions savings or checking and a .25% discount for eStatements. Add .50% for other payment options and add .25% for paper statements. Your rate will increase if you cancel automatic payment or estatements. Membership required for all promotions. Must live, work, or worship within the state of Washington. A $20.00 membership fee may apply. 

Boat and Recreational Vehicles (RV)

Term

Up to 80% of loan to Value

Over 80% of Loan to Value

Down Payment

0-60 months

2.49% APR

2.99% APR

-

-

Many options available

up to 100% OAC

61-84 months

2.49% APR

2.99% APR

85-120 months

2.99% APR

3.49% APR

121-180 months

3.49% APR

3.99% APR

-

181-240 months

-

5.99% APR

-

N/A

Available on larger loans, $75k minimum, & max 80% LTV OAC. Minimum Beacon Score 730. Min. 10% Cash Down Required. Maximum age of collateral 5 model years old or newer.

O.A.C. = On Approved Credit. APR= Annual Percentage Rate. Rate effective 11/01/2014 and subject to change.  Rate advertised is the lowest available to qualified borrowers, yours may be different. Rate above is fixed for a term of 60 months up to 80% financing including tax and license.  Longer terms available up to 180 months and 115% loan to value OAC. Call for other great rates.   Payment Example: 2.49 APR for 60 months is $17.75 for every $1000.00 borrowed. Existing PCU loans to not qualify for these rates. Rate advertised includes a .50% discount for automatic payment from an active Progressions savings or checking account and a .25% discount for eStatements. Add .50% for other payment options and add .25% for paper statements. Membership required for all promotions. Your rate will increase if you cancel automatic payment or estatements. Must live, work, or worship within the state of Washington. A $20.00 membership fee may apply.

ATV, Smaller Motorcycles (Off Road), Personal Watercraft, Scooters and Snowmobiles

Term

APR as low as

Down Payment

Up to 60 months

4.24%

Various options available.

Up to l00% financing plus tax and license O.A.C.

O.A.C. = On Approved Credit. APR=Annual Percentage Rate. Rate effective 12/01/2014 and subject to change.  Rate is the lowest available to qualified borrowers, yours may be different. Rate advertised applies to 10 model years old and newer.  Maximum term is 60 months. Payment Example: 4.24% APR for 60 months is $18.79 for every $1000.00 borrowed. Existing Progressions loans do not qualify for these rates. Rates advertised include a .50% discount for automatic payment from an active Progressions savings or checking and a .25% discount for eStatements. Add .50% for other payment options and add .25% for paper statements. Membership required for all promotions. Your rate will increase if you cancel automatic payment or estatements. Must live, work, or worship within the state of Washington. A $20.00 membership fee may apply.

Personal Loans and VISA 

Type of Loan

APR as low as

Terms

Personal Line of Credit (PLC)

9.99%-17.99%

Fixed rate; open ended

Visa Credit Card

9.99%-17.99%

Fixed rate; open ended

Signature

9.99%-17.99%

Fixed rate; closed ended. Lump sum disbursement. Terms up to 36 months.

 

O.A.C. =On Approved Credit. Rates above assume .50% discount for automatic payment from an active Progressions Savings or Checking account. A .25% rate discount for eStatements. Add .50% for other payment methods. The rates published are the lowest and highest possible rates available to qualified borrowers. Your rate may fall within that range. Rates are determined by the loan type, term you request, and your credit history. Rates are subject to change without notice.  Contact us for more information. Additional Visa Disclosure.

Savings and Certificate Secured Loans

Type of Loan

APR as low as

Terms

Shared/Savings Secured

3.00% added to securing share rate

Fixed rate; maximum term

Certificate Secured

3.50% added to securing certificate rate

Fixed rate; maximum term

A .25% rate discount for eStatementsContact us for more information.

Home Equity Line of Credit (HELOC)

Type

APR as low as

Loan to Value

1st Deed of Trust

4.25% – 14.25%

Maximum 85%

2nd Deed of Trust

4.50% – 14.50%

Maximum 85%

O.A.C. =On Approved Credit. Rates above assume .50% discount for automatic payment from an active Progressions Savings or Checking account.A .25% rate discount for eStatements.  Add .50% for other payment methods. The rates published are the lowest rates available to qualified borrowers. Your Rates are determined by the loan type, term you request, and your credit history. Rates are subject to change without notice.  Contact us for more information.Draw Period: 8 YearsRepayment Period: 17 YearsMinimum initial draw is $2,500.00, $100.00 thereafter.Progressions Credit Union – NMLS #784627

 

FIRST DEED OF TRUST/FIXED

(Refinance or Equity)

Term

APR as Low as

Max Loan to Value

15 Years

3.74%

80%

20 Years

4.24%

80%

SECOND DEED OF TRUST FIXED

Term

APR as Low as

Max Loan to Value

5 Years

4.75% – 5.75%

85%

10 Years (Min $10,00.00)

4.99% – 5.99%

85%

15 Years (Min $20,000.00)

5.50% – 6.50%

85%

First and Second Deed of Trust Disclosure: Terms over l5 years are subject to availability. Home must be primary residence. Rates include a discount for automatic payments of .50% and .25% for eStatements. Add .50% to the rate for other payment methods and .25% for paper statement. Rates are based off credit quality, yours may be different. Example: A $50,000.00 loan for 180 months with a rate of 4.99% would have a payment of $395.24. Call Herb Anderson/NMLS # 787236 at (509) 622-2011/800-828-8691 for fee information and more details.  Existing Progressions Credit Union loans may be subject to an l% refinancing fee.Progressions Credit Union – NMLS #784627

 

Mobile Home Loans

New/Used

Terms

APR as low as

Down Payment

New

Up to 120 Months

10.00%-17.00%

Many options available.

Up to 100% Financing including tax and licensing  O.A.C.

Used

Up to 120 Months

11.00%-18.00%

Many options available.

Up to 100% Financing including tax and licensing O.A.C.

O.A.C. =On Approved Credit. Rates listed assume automatic payment from an active Progressions Savings or Checking account. A .25% rate discount for eStatements.  Add .50% to rate for other payment methods. These rates are for titled mobile homes only (not affixed to property).  Payment Example: a 15 year term would be 180 monthly payments as low as $10.02 at 8.79% APR for each $1000.00 borrowed.  Contact us for more information on fees, rates and terms.