Effective as of April 1, 2025
BUSINESS LOAN
| Loan Type | Term | Annual Percentage Rates | Monthly Payment Per $1,000 Borrowed for the first term payments based on Initial Rate | Monthly Payment Per $1,000 Borrowed for the remaining payments based on 30 year Amortization and Current Rate | |
|---|---|---|---|---|---|
| Mortgage Adjustable | 2 Year | 7.25% | 1, 2, 6 | $6.83 | $6.83 |
| Mortgage Adjustable | 5 Year | 7.35% | 1, 2, 6 | $6.90 | $6.90 |
| Mortgage Adjustable | 8 Year | 8.25% | 1, 2, 6 | $7.52 | $7.52 |
| Mortgage Fixed | 5 Year | 7.05% | 2 | $19.83 | $6.69 |
| Mortgage Fixed | 10 Year | 7.75% | 2 | $12.01 | $7.17 |
| Mortgage Fixed | 15 Year | 8.35% | 4 | $9.77 | $7.59 |
| Auto, Machinery and Equipment | Up to 15 Years | 7.95% to 13.95% | 4 | $9.53 | $7.31 |
- Notes can be refinanced/modified not to exceed 15 year term and amortized up to 30 years
- Mortgages available for:
- Refinance or purchase
- New York and New Jersey
- 1-4 family non-owner occupied
- Commercial
- Investment
- Vacant land, and
- Up to 80% of value
- Loans available for:
- Refinance, purchase, or cash out,
- New York,
- Fleet and
- Individual, and
- Up to 80% of value
- Up to 70%-90% of Value
- Based on credit, business, and cash flow
- Rates and terms are based on Consumers FCU posted rates Notes can be refinanced/modified not to exceed 15 year term and amortized up to 30 years
*Borrowers with negative credit, including but not limited to, late payments, collection accounts, judgments, charge-offs and bankruptcies (within 2 years) are subject to a 4.00% increase on the current interest rate listed.
Would you like to estimate the payments on any of these loans? Our loan calculator can help you with the numbers.