Loan Rates
Loan Rates effective as of May 1, 2013
Rates listed are our best rates based on approved credit. Actual interest offered may be higher depending on applicant's credit rating and other underwriting factors.
Fixed Rate Consumer Loans
| Loan Type | Term | Loan Conditions | *APR As Low As |
|---|---|---|---|
| New Vehicles | from 36 Months | 100% Financing | 1.99%** |
| Used Vehicles | from 36 Months | 100% Financing | 1.99%** |
| New Boats, Motors & Trailers (3 Year Old Models) ($25,000 and over) |
from 60 Months | 100% Financing | 5.00%** |
| Used Boats, Motors & Trailers (4 model years and older) |
from 36 Months | 100% Financing | 5.00%** |
| New Motorcycles | from 60 Months | 100% Financing | 4.75%** |
| Used Motorcycles (1-4 year old models) |
from 36 Months | 100% Financing | 4.75%** |
| New 4 Wheelers | from 60 Months | 100% Financing | 5.25%** |
| Used 4 Wheelers (1-3 year old models) |
from 48 Months | 100% Financing | 5.75%** |
| New Tractors & Equipment | from 36 Months | 100% Financing | 7.50%** |
| New/Used Motorhomes, RV's, Campers, Travel Trailers | from 36 Months | 100% Financing | 4.75%** |
| New/Used Motorhomes, RV's, Campers, Travel Trailers |
from 48 Months | 100% Financing | 5.25%** |
| Recreational Vehicles (new & used) |
from 36 Months | 100% Financing | 4.75%** |
| Miscellaneous Loans (to include Furniture and Appliances) |
36 Months | 100% Financing | 8.00%** |
| 48 Months | 9.00%** | ||
| Signature Loans (Loanliner Plans) |
36 Months | Minimum Loan $1000 | 8.00%** |
| PAL/LOC | 42 Months | 11.00%** | |
| Single Payment Note | 6 Months | 10.00%** | |
| Share Loan | 48 Months | Minimum Loan $300 | 3.50%** |
| 60 Months | 4.50%** | ||
| Certificate Secured Loan | Based on TOC** | Minimum Loan $300 | APY+2.00% |
Please note:
- ** Rate reported is for A+ paper. Limited time only. Please call MidSouth at 1-800-736-8407 to get rates for other terms.
- *APR - Annual Percentage Rate.
- Rates are accurate as of the above date and are subject to change.
First Mortgage Loans
| Fixed Rate Program | As Low As | ||
|---|---|---|---|
| First Mortgage | 180 Months | 80% Loan-to-Value | 4.000%*** APR* |
Please note:
- ***Rate reported is for A+ paper. Limited time only. Please call MidSouth at 1-800-736-8407 to get rates for other terms.
-
*APR - Annual Percentage Rate.
- Rates are accurate as of the above date and are subject to change.
Second Mortgage Loans
| Second Mortgage Loans | As Low As | ||
|---|---|---|---|
| Fixed Rate Program | 60 Months | 85% Loan-to-Value | 5.00% APR* |
| 120 Months | 85% Loan-to-Value | 7.00% APR* | |
| 180 Months | 85% Loan-to-Value | 8.50% APR* | |
Please note:
- *APR - Annual Percentage Rate.
- Rates are accurate as of the above date and are subject to change.
Home Equity Line of Credit
| Adjustable Rate Program | As Low As | |
|---|---|---|
| Terms up to 180 Months | 80% Loan-to-Value | Prime +0% APR* |
Please note:
- *APR - Annual Percentage Rate.
APR is based on an index. Index is the Prime Rate as published in the Money Rates column of the Wall Street Journal.
Rates will vary based on credit score and Loan to Value (LTV).
APRs on Adjustable Rate Mortgages (ARM) are subject to change. - Floor of 4%
- Rates are accurate as of the above date and are subject to change.
- A home equity loan or line of credit is secured by a first or second mortgage lien on your home, which must be one-to-four family residential real estate.
- Cash advance minimum is $1000.
- No closing cost on HELOCs of $20,000 or greater when the member takes an initial advance of at least $5,000.00.
- If the member closes or pays off the credit line within 36 months after it is opened, the member agrees to reimburse the credit union for certain fees. The reimbursement will include any fees paid to third parties by MidSouth CFCU.
- Consult your tax advisor concerning the tax deductibility of Home Equity Loans.
Educational Loans
MidSouth Community Federal Credit Union offers a variety of loan products to meet your educational loan needs. Call our Member Service Officers at 471-9946 or outside Macon at 1-800-736-8407.





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