Loan Rates
Loyal Member Discounts
Use Gerber Federal Credit Union products and services and lower your loan rates by up to .75%! Loyal Member Discounts* give you a .125%** loan rate discount for each of the following products or services you use with Gerber FCU: Share Draft Account, Super Savings, Mortgage/Home Equity***, FREE Online Bill Pay, e-Statements with Web Teller, Share & IRA Certificates, Direct Deposit, Automatic loan payment transfer, Debit MasterCard, Platinum Preferred Credit MasterCard. Ask a Member Service Representative today for more information on Loyal Member Discounts!
*Loyal Member Discounts will not apply to First Mortgage, Platinum Preferred Credit MasterCard, HELOC, or open ended Consumer Loan products. **Maximum total reduction of .75% on loan requests. *** Maximum discounts on Fixed Home Equity Loans: .75% maximum discount for loans 60 months or less. .50% maximum discount for loans 61 to 120 months. .25% maximum discount for loans 121 months and greater.
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Vehicle Loans
|
Automobiles, Trucks and Street Motorcycles*** |
|
New |
Term |
APR as low as* |
|
New |
Term |
APR as low as |
|
2016 - 2017 |
Up to 48 months |
2.24% - 5.24% |
|
2016 - 2017 |
Up to 60 Months |
2.24% - 5.49% |
|
2016 - 2017 |
Up to 72 Months** |
2.24% - 6.49% |
|
2016 - 2017 |
Up to 84 Months** |
2.24% - 7.49% |
|
Used |
Term |
APR as low as* |
|
2007 - 2016 |
Up to 48 months |
2.24% - 5.24% |
|
2007 - 2016 |
Up to 60 Months |
2.24% - 5.49% |
|
2007 - 2016 |
Up to 72 Months** |
2.24% - 6.49% |
|
2007 - 2016 |
Up to 84 Months** |
2.24% - 7.49% |
|
2006 and Older |
Up to 48 Months |
8.24% |
|
Log in to Web Teller to Apply Now! |
Boat / Motor Home / Camper Loan
|
New (2016 - 2017)*** |
Term |
APR as low as* |
|
$1,000 to $15,000 |
Up to 48 Months |
2.99% to 5.99% |
|
$1,000 to $15,000 |
49 to 60 Months |
3.99% to 6.99% |
|
$15,000 and up |
Up to 84 Months |
2.99% to 5.99% |
|
$15,000 and up |
85 to 120 Months**** |
3.99% to 6.99% |
|
Used (2016 and older)*** |
Term |
APR as low as* |
|
$1,000 to $15,000 |
Up to 60 Months |
3.99% to 6.99% |
|
$15,000 and up |
Up to 60 Months |
3.99% to 6.99% |
|
$15,000 and up |
61 to 72 Months |
4.99% to 7.99% |
|
$15,000 and up |
73 to 84 Months**** |
5.99% to 8.99% |
|
Log in to Web Teller to Apply Now! |
Recreational Vehicles
|
Watercraft, Snowmobiles, Pop-up campers, Off Road Motorcycles, ATVs*** |
|
New |
Term |
APR as low as |
|
Less than $4,999 |
36 Months |
8.75% |
|
$5,000 to $9,999 |
60 Months |
8.75% |
|
$10,000 and up |
84 Months |
8.75% |
|
$15,000 and above |
120 Months |
8.75% |
|
Used |
Term |
APR as low as |
|
Less than $4,999 |
36 Months |
10.25% |
|
$5,000 to $9,999 |
60 Months |
10.25% |
|
$10,000 and $14,999 |
84 Months |
10.25% |
|
$15,000 and above |
120 Months |
10.25% |
|
Log in to Web Teller to Apply Now! |
Shared Secured Loans
|
Type |
Term |
APR as low as |
|
Regular Share Secured*** |
84 Months |
Reg. Share Rate +3.00% |
|
Super Savings Secured*** |
84 Months |
Super Savings Rate +3.00% |
|
Certificate Secured*** |
Term of Certificate |
Certificate Rate +3.00% |
|
Personal Secured *** |
60 Months |
11.25% |
|
Log in to Web Teller to Apply Now! |
Home Equity Loans
|
Type |
Term |
APR as low as |
|
Prime Equity LOC |
180 Months |
4.25% (Adjusted Quarterly) |
|
Fixed Rate **** |
Up to 180 Months |
Base Rate 4.49% |
|
Log in to Web Teller to Apply Now! |
Mortgage Loans
|
Type |
Term |
APR as low as |
|
Mortgage |
10, 15, 20 & 30 Year
(Ask about other mortgage products
& services available) |
Rates Announced Daily |
|
Construction - Mortgage (LOC) |
12 Months |
Rates Announced Daily |
|
Vacant Land *** |
Up to 144 Months |
7.500% |
|
New Mobile Home *** |
120 Months |
10.25% |
|
Used Mobile Home *** |
84 Months |
12.25% |
|
View Mortgage Rates & APPLY NOW! |
Platinum Preferred Credit Card
|
Type |
Term |
APR |
|
Platinum Preferred |
n/a |
8.99% to 13.99% |
|
Log in to Web Teller to Apply Now! |
Personal Loans
|
Signature Unsecured*** |
Term |
APR as low as |
|
Signature Unsecured |
12 Months |
9.24% |
|
Signature Unsecured |
24 Months |
11.24% |
|
Signature Unsecured |
25 Months and Over |
13.25% |
|
Revolving Credit |
Term |
APR |
|
Share Draft Protection - Unsecured |
$500.00 Minimum Limit |
12.00% |
|
Log in to Web Teller to Apply Now! |
* Annual Percentage Rate after Loyal Member Discounts maximum rate reduction of .75%. Rates quoted are based on individual member credit history and are set during loan processing. Rates subject to change without notice.
** $20,000 minimum amount financed
*** Borrowers may be eligible for a .125 to .75 rate reduction based on Loyal Member Discounts and loan type and term.
**** Loyal Member Discounts for Fixed Home Equity Loans are limited to:
60 Month term - .75% maximum
61 to 120 months - .50% maximum
121 to 180 months - .25% maximum