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Consumer Loan Rates

Consumer Unsecured Loans and Lines of Credit | Effective Date: November 1, 2019

Loan Type   % Above Index     Minimum Loan Amount     Maximum Loan Amount     APR*    
ValueChoice** 6.25% - 11.75% $500 $25,000 11.25% - 16.25%***

 

Loan Type (Fixed Rate)     Term Minimum Loan Amount     Maximum Loan Amount     APR*
Personal Loan* Up to 60 months     $1,000 $25,000 14.00% - 19.00%***
Money Manager 12 - 24 months  $1,000 $25,000 12.25% - 17.25%***
Money Manager 25 - 48 months   $1,000 $25,000 13.25% - 18.25%***
Solar Loan  120 months    $15,000 6.00%***
Solar Loan 180 months   $20,000 6.25%***
Solar Loan 240 months   $25,000 6.50%***

Apply Online Now Financial Calculators


Prime Rate Loan Index: 5.00%

Fee Schedule

* APR = Annual Percentage Rate 

** An established Line of Credit. ValueChoice rate tied to Prime Rate Loan Index. Maximum annual percentage rate not to exceed 21.00%

*** Rate based on credit worthiness

Auto Loan Rates

Consumer Auto Loans | Effective Date: November 1, 2019

Terms for Fixed Auto Loans     New Auto Loans (APR* as low as)     Used Auto Loans (APR* as low as)
01 - 24 Months 2.99%***      3.24%***   
25 - 36 Months 3.24%***     3.49%***
37 - 48 Months 3.74%***  3.99%***
49 - 60 Months 3.99%***     4.24%***
61 - 72 Months 4.49%***     4.74%***
73 - 84 Months 4.74%***  4.99%***
85 - 96 Months** 5.74%***  N/A

We also offer a special Eco-Auto Loan rate for qualified cars, call 877-637-4937 to learn more!1


Apply Online Now! Calculate Your Auto Loan Payment Auto Buying Tools


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Fee Schedule

Minimum Loan Amount: $5,000.

* APR = Annual Percentage Rate 

** 73 month financing available for loans exceeding $15,000. 84 month financing available for loans exceeding $20,000. 96 month financing available for loans exceeding $25,000. 

*** Rates, terms and conditions of loan will be based on individual credit worthiness. No further rate discounts apply. Current rates reflect promotional rate. 

1: The Meriwest Eco-Auto Loan is available for the purchase of new vehicles on the California Department of Motor Vehicles’ Official List of Qualifying Vehicles for Clean Air Vehicle Decals which can be found here: https://www.arb.ca.gov/msprog/carpool/carpool.htm. Vehicle must be new (current year) or newer with less than 1,000 miles. Offer only valid for AA or A Tier borrowers. Rate effective as of January 2, 2019, see our New Auto 37-48 month rate. Loan amounts of at least $30,000 to qualify for advertised rate. Loan amounts less than $30,000 will receive a 0.25% higher rate. Fixed rate over your choice of term of 48, 60, 72 or 84 months only. Rates, terms and conditions of the loan will be based on individual credit worthiness. Individual payments may vary depending upon rate, amount and term. For example: Monthly payment of $679.41 based on a $30,000 loan amount for 48 months at 3.99% APR. Offer subject to change or end without notice. Other restrictions apply. Please contact the credit union for more details. Membership is required with a one-time non-refundable $5 fee.

Home Equity Line of Credit

Equity Merit - Home Equity Line of Credit (Variable Rate) | Effective Date: November 1, 2019

Loan Amount Maximum Loan to Value Margin APR* Maximum APR*
Up to $250,000 80.00%     0.25% 5.25% 18.00%
Up to $250,000 90.00%     1.99% 6.99% 18.00%

 

Alternate Program (Variable Rate) | Effective Date: November 1, 2019

Loan Amount     Maximum Loan to Value     Margin APR*, Maximum APR*
$150,000 Maximum line 60.00% 2.50% 7.50% 18.00%
$50,000 Maximum line 60.00% 5.00%   10.00% 18.00%

See Current Promotional Rates >>


Apply Online Now Calculate Your HELOC Payment See Current HELOC Promotion


Prime Rate Loan Index: 5.00%

Fee Schedule

Minimum Line Amount = $10,000

*APR = Annual Percentage Rate 

Rate discount of 0.25% for automatic payment transfer available. Discount DOES NOT apply on any promotional rates offered.

"Interest Only" Payment Option Available (Loan to value up to 80% only)

No Third Party Fees. Up to $250,000

$500 origination cost is deferred until the 3rd anniversary date after the accounts is opened and is waived if the account remains open after that date.

Other options may be available, call 1-877-MERIWEST for details 

Terms and Conditions (PDF)


Jumbo HELOC

Equity Merit Jumbo - Home Equity Line of Credit (Variable Rate) | Effective Date: November 1, 2019

Loan Amount     Maximum Loan to Value     Margin APR*, Maximum APR*
$750,001- $1,000,000 50.00%     0.75%   5.75%   18.00%
$500,001- $750,000     60.00% 0.75%   5.75%   18.00%
$250,001- $500,000     70.00% 0.75%   5.75%   18.00%

Prime Rate Loan Index: 5.00%

*APR = Annual Percentage Rate 

Rate discount of 0.25% for automatic payment transfer available. Discount DOES NOT apply on any promotional rates offered.

"Interest Only" Payment Option Available

No third party fees

$1,500 origination cost is deferred until the 3rd anniversary date after the accounts is opened and is waived if the account remains open after that date.

Secured by Second Deed of Trust

Terms and Conditions (PDF)

Home Equity Loans

Meriwest Community Advantage - Home Equity Loan (Fixed Rate) | Effective Date: November 1, 2019

Loan Type Term Maximum Loan to Value APR* Monthly Payment**
Up to $250,000 10 years 80.00% 5.24%    $107.23
Up to $250,000 15 years 80.00% 5.74% $82.98
Up to $250,000 20 years 80.00% 6.24% $73.03

Apply Online Now     Use our Home Equity Calculators   

Fee Schedule

Properties located in Special Flood Hazard Area (SFHA) as identified by Federal Emergency Management Agency (FEMA) do not qualify for this loan

Minimum $10,000 Loan Amount

Secured by second deed of trust only (cannot be 1st lien.) Collateral property cannot exceed one acre.

* APR = Annual Percentage Rate 

** Monthly payment per $10,000 borrowed. The payments listed are for informational purpose only. The actual payments are based on the amount borrowed, loan term and rate. Other options may be available, call 1-877-MERIWEST for details