Grades are a combination of FICO score and other conditions. A>740; B = 739-660; C = 659-580; D = 579-530; E = 529-0
|Grade||6 - 24 months||25 - 47 months||48 - 59 months||60 - 71 months||72 - 84 months|
|A||4.49%*||4.99%*||5.49%*||5.99%*||6.49 - 6.99%*|
|B||7.49%*||7.74%*||8.49%*||8.99%*||9.49 - 9.99%*|
|C||9.99%*||10.99%*||11.99%*||12.99%*||13.99 - 15.99%*|
Financing of credit union products such as GAP, warranty, credit and/or disability may cause loan to go over max allowable for all A & B grades.
|Grade/Months||6 - 24||25 - 36||37 - 48||49 - 60||61 - 72|
All loans except Mortgage, Home Equity, and credit card are eligible for loyalty or usage discounts.
|Grade/Months||6 - 24||25 - 36||37 - 48||49 - 60|
All loans (except for Mortgages, Home Equity Lines of Credit and VISA Credit Card) are eligible for loyalty or usage discounts (see our Loan Discount page for more information). No loan rate can go below 2.99% the Floor rate is Wall Street Prime [currently set at 5.00%] if not set by BOD. All E loans and Credit Rebuilder Loans have an interest rate of 18% (APR*).
|Loan Type||Loan Rate||Loan Details|
|CREDIT CARD VISA||Wall StreetPrime Rate + 7% = 12.25%||NO ANNUAL FEE|
|HOME EQUITY*||Wall Street Prime||Min. 4.50% to a Max. of 14.00%|
|MORTGAGE||See Mortgage Rate Sheet|
|UNIMPROVED PROPERTY||As low as 6.00%||10 YEARS 12 YEARS|
|SMALL AMOUNT /SHORT TERM||
$20.00 loan fee
1% Interest Rate Discount for Direct Deposit
Have a partial or full direct deposit sent to First NRV Credit Union to become eligible for a 0.25% interest rate discount on all applicable loans.
In order to setup your direct deposit, you will need to gather your routing & account information from First NRV Credit Union after opening your account(s), and then provide this information to your employer.
Do you have trouble remembering to make your loan payments? Then automatic distribution may be the answer for you.
Setup an "Auto Pay" for your monthly payments with First NRV Credit Union to become eligible for an additional 0.25% discount on the interest rate of you are setting up automatic payments for.
First NRV Credit Union offers its members the chance to opt in/out for Credit Life & Disability Insurance.
This service is offered on various types of loans on offer at First NRV. This is done to help add an extra layer of security for our members in the event of a death or a serious injury.
For a low, flat rate you can get coverage for up to 125% of the car, RV, boat, or motorcycle's value! This offers you guaranteed protection for your assets and help you to not worry about the "what-if" scenarios in life!
Motor Vehicles - $295.00 for GAP Coverage
PowerSport/Motorcycles - $295.00 for GAP Coverage
RV/Motor Homes - $395.00 for GAP Coverage
Watercraft/Boat - $395.00 for GAP Coverage
Available on both new and used cars. Platinum, Silver, and Gold plans. Easiest way to avoid expensive repairs bills and our policy's are cheaper than dealers coverage.