Loan Rates

Well qualified members save even more. A credit score of 700-775 earns an additional .50% rate reduction on our any purpose, vehicle, RV, boat or motorcycle loan. A full 1.0% rate discount applies for borrowers with credit scores of 776 or higher. The rates posted below are for credit scores of 650 – 699. We use FICO Classic 09 to determine credit scores. This discount applies to all loans except Visa, Student Loans, Home Equity and Mortgage.

All rates as of 02/01/2024 and are subject to change. Programs, rates, terms and conditions are subject to change without notice. Any borrower or co-borrower must establish membership with TruNorth Federal Credit Union.

Mortgages

As low as 0% down

Mortgages

We currently offer an in-house 5/1 ARM. Please contact our office at (906) 485-1210 for more information.

 

Home Equity Credit Line

TermRateAPRMonthly Payment
5 Year Fixed8.45%8.45%$1024.22
7 Year Fixed8.95%8.95%$802.89
10 Year Fixed9.15%9.15%$637.25

*The information provided assumes a loan amount of $50,000. All loans subject to credit approval. Annual percentage rates (APR) shown are subject to change without notice. Advertised rates assume loan to value is no higher than 80%. Borrower is responsible for closing costs. Rate is fixed for the term of the loan. Property insurance is required, and, if applicable, flood insurance will be required. Minimum loan amount is $5,000. Fixed APR’s (annual percentage rates) do not include processing fee. APR’s may vary due to loan amount and term. Limited to MI properties only. Other restrictions may apply. Ask for details.

Please contact our office at (906) 485-1210 for our current adjustable HELOC rates.

 

New Autos

No down payment needed.

TermAPRMonthly Payment per $1,000Requirement
24 months9.15%$45.74
36 months9.25%$31.91
48 months9.45%$25.10
60 months9.65%$21.07
72 months9.85%$18.45$15,000+ financed
84 months10.00%$16.61$30,000+ financed

 

Used Autos

No down payment needed.

TermAPRMonthly Payment per $1,000Requirement
24 months9.15%$45.74
36 months9.25%$31.91
48 months9.45%$25.10
60 months9.65%$21.07
72 months9.85%$18.45Some restrictions apply.
84 months10.00%$16.61Some restrictions apply.

 

New RVs, Boats, Motorcycles, Campers

No down payment needed. Up to a 10 year loan term on new and used RVs or boats.

TermAPRMonthly Payment per $1,000Requirement
24 months9.15%$45.74
36 months9.25%$31.91
48 months9.45%$25.10
60 months9.65%$21.07
72 months9.85%$18.45
84 months10.00%$16.61
120 months10.50%$13.49Fixed - $30,000+

 

Used RVs, Boats, Motorcycles, Campers

No down payment needed. Up to a 10 year loan term on new and used RVs or boats.

TermAPRMonthly Payment per $1,000
24 months9.15%$45.74
36 months9.25%$31.91
48 months9.45%$25.10
60 months9.65%$21.07
72 months9.85%$18.45

 

Any Purpose Loans

Total combined any purpose loan balance and VISA limit may not exceed $35,000.

TermAPRMonthly Payment per $1,000Maximum
36 months9.75%$46.02$25,000
48 months10.00%25.35$25,000
60 months10.75%21.61$25,000
72 months11.1519.11$25,000
VISA (revolving)11.90%$20,000 (no annual fee)

 

Share Secured

TermAPRMonthly Payment per $1,000
Up to 36 months6.00%$30.42
Up to 72 months6.50%$16.81