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Loan Rates effective as of December 1, 2008 and are subject to change.
"As Low As" 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. Rates for Visa®, Share-Secured and Certificate-Secured loans are as stated.
| Type |
Term |
Loan Amount |
APR* |
EMP** |
| New Vehicles † |
36 Mo. |
Up to $5,000 |
As Low As |
$29.84 |
|
48 Mo. |
$5,001-$10,000 |
4.70% to |
$23.01 |
|
63 Mo. |
$10,001-$15,000 |
10.50% |
$18.18 |
|
66 Mo. |
$15,001-$20,000 |
|
$17.72 |
|
72 Mo. |
$20,001-$38,000 |
|
$16.63 |
|
84 Mo. |
$38,001 and higher |
|
$15.27 |
| Used Vehicles ‡ |
36 Mo. |
Up to $5,000 |
As Low As |
$30.00 |
|
48 Mo. |
$5,001-$10,000 |
5.05% to |
$23.17 |
|
63 Mo. |
$10,001-$15,000 |
11.30% |
$18.32 |
|
66 Mo. |
$15,001-$20,000 |
|
$17.93 |
|
72 Mo |
$20,001 and higher |
|
$16.74 |
| Boats and RV's ƒ |
60 Mo. |
|
8.00% |
$20.28 |
| Signature Loan |
36 Mo. |
Up to $5,000 |
As low as |
$31.69 |
|
48 Mo. |
$5,001-$10,000 |
8.75% to 12.85% |
$25.01 |
|
60 Mo. |
$10,001-$17,000 |
|
$21.13 |
| Share Loan |
36 Mo. |
|
2.50% |
$28.86 |
| Insta Cash Line of Credit |
|
|
16.000% |
|
| Motorcycle/Other |
|
|
8.00% |
31.34 |
| Stock/Securities |
|
|
8.00% |
31.34 |
* APR = Annual Percentage Rate.
** EMP = Estimated Monthly Payment. EMP is based on "As Low As" rate and calculated per $1,000.
† Up to 100% financing on new vehicles.***
‡ Financing up to NADA retail value.***
ƒ 95% of purchase price.
*** Financing based on credit worthiness.
| Type |
Term |
Loan Amount |
APR* |
EMP** |
| Personal Reserve |
|
|
|
|
| Personal Reserve Account |
|
|
5.86% |
|
| (Index)= .86 |
|
|
.01605479 |
|
|
|
|
Daily |
|
* APR = Annual Percentage Rate.
** EMP = Estimated Monthly Payment. EMP is based on "As Low As" rate and calculated per $1,000.
VISA RATES EFFECTIVE 11/27/2008
| Type |
APR* |
Cash Advance Fees |
Late Payment Fees |
Over-the-Credit-Limit Fees |
| Visa Plan A |
9.85% |
none |
$20 |
$20 |
| Visa Plan B |
11.85% |
none |
$20 |
$20 |
| Visa Cobb EMC |
12.85% |
none |
$20 |
$20 |
| Visa Platinum |
9.00% |
none |
$20 |
$20 |
|
11.00% on cash |
|
|
|
|
advances |
|
|
|
* APR = Annual Percentage Rate
Plan A Variable Rate Information: APR may vary. The rate is determined by the preceding four-weeks average of the 26-week Treasury Bill rate, plus eight & one-half percentage points.
Plan B Variable Rate Information: APR may vary. The rate is determined by the preceding four-weeks average of the 26-week Treasury Bill rate, plus ten & one-half percentage points.
Cobb EMC Variable Rate Information: APR may vary. The rate is determined by the preceding four-weeks average of the 26-week Treasury Bill rate, plus eleven & one-half percentage points.
Platinum Variable Rate Information for Purchases: APR may vary. The rate is determined by the preceding four-weeks average of the 26-week Treasury Bill rate, plus eight & one-half percentage points.
Platinum Variable Rate Information for Cash Advances: APR may vary. The rate is determined by the preceding four-weeks average of the 26-week Treasury Bill rate, plus ten & one-half percentage points.
Grace Period: You have 25 days after the close of a billing cycle to repay your balance for purchases before a finance charge on purchases will be imposed.
Method of Computing the Balance for Purchases: Average daily balance (including new purchases).
Returned check (NSF): $30
Statement copy (current month free): $3 per month
Minimum Monthly Payment for Classic and Cobb EMC Cards: 2%, minimum $10
Minimum Approved Credit Line for Classic and Cobb EMC Cards: $500
Minimum Monthly Payment for Platinum Cards: 2%, minimum $10
Minimum Approved Credit Line for Platinum Cards: $5,000
Maximum Approved Credit Line for Platinum Cards: $25,000
Mortgage rates effective December 04, 2008
| Type |
Term |
Rate |
APR* |
Points |
| Conforming |
|
|
|
|
| Loan amounts up to $417,000 |
|
|
|
|
|
40 Year |
6.125% |
6.169% |
0% |
|
30 Year |
5.250% |
5.288% |
0% |
|
20 Year |
5.250% |
5.302% |
0% |
|
10/15 Year |
4.875% |
4.940% |
0% |
| Jumbo |
|
|
|
|
| Loan amounts from $417,001 to $750,000 |
30 Year |
6.250% |
6.291% |
0% |
|
20 Year |
6.250% |
6.304% |
0% |
|
10/15 Year |
5.875% |
5.942% |
0% |
| Home Possible |
|
|
|
|
| Purchase and No Cash Our Refinance – LTV 95% |
|
|
|
|
|
30 Year |
5.250% |
5.288% |
0% |
|
20 Year |
5.250% |
5.302% |
0% |
|
15 Year |
4.875% |
4.940% |
0% |
*APR = Annual Percentage Rate
APR Assumptions: APRs are calculated using loan amounts of $150,000 for conforming, First Time Homebuyer, and ARM programs, $417,001 for Jumbo programs. This includes 15 days’ accrued interest and $350 in upfront fees.
For the conforming, ARM and Jumbo programs this assumes a monthly repayment and a loan-to-value of 80%.
For the First time Homebuyer Program a monthly repayment and a maximum loan-to-value of 95%.
All rates are subject to change at any time without prior notice. LGE offers many additional mortgage loan programs. For more information, contact a Mortgage Loan Officer at 1-800-541-8921 or 770-421-2689.
Rates are accurate as of the above date and are subject to change.
Rate Locks are not available with on-line applications or phone applications until all documentation has been received and verified by the Loan Officer. Your Loan Officer will contact you when your file is ready to lock.
Rate locks are available Monday- Friday from 8:30 am - 4:30 pm and based on current market rates. Mortgage products are subject to change and LGE reserves the right to modify or cease mortgage programs at any time.
Mortgage rates effective December 04, 2008
| Type |
Term |
Rate |
APR* |
Points |
| 1 Year Adjustable – 30/20/15/10 Year Terms |
|
|
|
|
| Loan amounts up to $417,000 |
|
|
|
|
|
1 Year Adj |
5.000% |
4.120% |
0% |
| 3/1 ARM - 30/20/15 Year Terms |
|
|
|
|
| Loan amounts up to $417,000 |
|
|
|
|
|
3/1 Adj |
5.000% |
4.270% |
0% |
| 5/1 ARM - 30/20/15 Year Terms |
|
|
|
|
| Loan amounts up to $417,000 |
|
|
|
|
|
5/1 Adj |
5.250% |
4.499% |
0% |
| 7/1 ARM - 30/20/15 Year Terms |
|
|
|
|
| Loan amounts up to $417,000 |
|
|
|
|
|
7/1 Adj |
5.375% |
4.711% |
0% |
*APR = Annual Percentage Rate
APR Assumptions: APRs are calculated using loan amounts of $150,000 for conforming, First Time Homebuyer, and ARM programs, $417,001 for Jumbo programs. This includes 15 days’ accrued interest and $350 in upfront fees.
For the conforming and ARM and Jumbo programs this assumes a monthly repayment and a loan-to-value of 80%.
APRs on Adjustable Rate Mortgages (ARM) are subject to increase after consummation. ADJ* = Adjustable Rate Index tied to 1-Year Constant Maturity Treasury (CMT) Security. All rates are subject to change at any time without prior notice. LGE offers many additional mortgage loan programs. For more information, contact a Mortgage Loan Officer at 1-800-541-8921 or 770-421-2689.
Rates are accurate as of the above date and are subject to change.
Index: Year CMT:1.240
Mortgage products are subject to change and LGE reserves the right to modify or cease mortgage programs at any time.
Mortgage Rates effective December 01, 2008
| Type |
Term |
Rate |
APR* |
Points |
| Homeowners’ Advantage Loan |
|
|
|
|
| Loans up to 80% LTV/CLTV |
|
|
|
|
|
20 Year |
8.000% |
8.000% |
0% |
|
15 Year |
7.000% |
7.000% |
0% |
|
10 Year |
6.500% |
6.500% |
0% |
|
5 Year |
6.000% |
6.000% |
0% |
| Homeowners’ Advantage Loan |
|
|
|
|
| Loans over 80% LTV/CLTV; |
|
|
|
|
|
20 Year |
8.750% |
8.750% |
0% |
|
15 Year |
7.750% |
7.750% |
0% |
|
10 Year |
7.250% |
7.250% |
0% |
|
5 Year |
6.750% |
6.750% |
0% |
*APR = Annual Percentage Rate
APR Assumptions for Homeowners’ Advantage: APRs are calculated using loan amounts of $50,000 and include 15 days’ accrued interest. They assume a monthly repayment. For loans up to 80% LTV a maximum loan-to-value of 80% and for loans over 80% LTV a maximum loan-to-value of 95%. Properties located in a declining market will be limited to 90% LTV/CLTV.
All rates are subject to change at any time without prior notice. LGE offers many additional mortgage loan programs. For more information, contact a Mortgage Loan Officer at 1-800-541-8921 or 770-421-2689.
Rates are accurate as of the above date and are subject to change.
Mortgage Rates effective December 1, 2008 and are subject to change.
| Type |
Term |
Loan Amount* |
Rate** |
APR*** |
| HELOC < 80% |
10 year |
$10,000 - $100,000.00 |
As Low As |
As Low As |
|
|
|
4.000% to |
4.000% to |
|
|
|
5.500% |
5.500% |
*May consider loan amounts greater than $100,000.00. Contact the Mortgage Dept. at 770-421-2689 to inquire further.
Loan up to 80% Total Loan to Value.
**The rate is a variable rate adjusted to the Prime Rate monthly based on the Wall Street Journal's Prime Rate. As of 12/01/2008, the Prime Rate is 4.000%.:
***APR = Annual Percentage Rate. Maximum - APR is 18%.
"As Low As" rates listed are our best rates based on approved credit. The actual rate offered may be higher depending on applicants credit rating and other underwriting factors.
Adequate property and flood insurance is required. A home equity line of credit is only availabe to members in an owner-occupied residence in the State of Georgia. Since our line is secured by the equity in your home, the interest you pay may be tax deductible. Consult with your tax adviser regarding the deductibility of interest.
Home Equity Line of Credit: APRs on Adjustable Rate Mortgages (ARM) are subject to increase after consummation. All rates are subject to change at any time without prior notice. LGE offers many additional mortgage loan programs. For more information, contact a Mortgage Loan Officer at
1-800-541-8921 or 770-421-2689.
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