Consumer Loan Rates EFFECTIVE
*Annual Percentage Rate
** Subtract .25% off of the interest rate on loans with automatic mortgage payment deductions from a George Washington Savings Bank Checking Account
** Subtract .25% off of the interest rate on loans with automatic mortgage payment deductions from a George Washington Savings Bank Checking Account
~Term = up to 7 Years
~No Application Fees or Closing Costs
~$50.00 Annual Fee - Waived the 1st year
~Minimum Monthly Payment - Interest Only
~Interest Rate = Variable and can change monthly
~$500.00 Pre-Payment Penalty if loan is closed in 1st year
~No Application Fees or Closing Costs
~$50.00 Annual Fee - Waived the 1st year
~Minimum Monthly Payment - Interest Only
~Interest Rate = Variable and can change monthly
~$500.00 Pre-Payment Penalty if loan is closed in 1st year
~Will lend up to 80% of appraised value less 1st Mortgage Balance at Current Wall Street Journal Prime Rate (WSJP)
~Non-Conforming Loans - Will lend up to 80% of appraised value less 1st Mortgage Balance at WSJP + 1% and a 1% Origination Fee
~Non-Conforming Loans - Will lend up to 80% of appraised value less 1st Mortgage Balance at WSJP + 1% and a 1% Origination Fee
*Annual Percentage Rate
Minimum loan amount of $5,000, otherwise a $350.00 doc/prep fee is required.
% Down is based upon the Blue Book (Retail Value) less mileage and extras.
Minimum loan amount of $5,000, otherwise a $350.00 doc/prep fee is required.
% Down is based upon the Blue Book (Retail Value) less mileage and extras.
Share loans are secured by the borrowers Savings Account or Certificate of Deposit
~Rate is 3% over the current rate of earning of the deposit account securing the loan~Term is lesser of 2 years or the maturity date of the account securing the loan
~Borrow up to 95% of the balance of the account securing the loan
~Varied payback options which include: lump sum, balloon and term