How to Prepare Yourself
for a Mortgage
Avoid surprises and delays, and secure the financing you need with these tips for navigating the process of applying for a home loan with greater confidence and ease.
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NEW Auto Buying Service
Your no-cost car concierge for car purchases in California. We'll take care of locating your vehicle, negotiating deals, and delivering your new ride.
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Financial Counseling and Debt Management for Members
We partnered with GreenPath Financial Wellness to provide members access to counselors who offer guidance on budgeting, planning, and specialized services. Counselors listen attentively, assess situations, recommend options, and refer to relevant resources. Speak with a counselor today.
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ENTERPRISE CAR SALES
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From August 23 - September 21, 2024, visit any California Enterprise Car Sales location and when you finance your new ride with The Police Credit Union, you'll receive a 1.00% APR discount** for terms up to 72 months!
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LOAN RATES
| Vehicle Loans | Rates as low as 6.14% APR1 |
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| Personal Loan | Rates as low as 9.34% APR2 |
| Home Loans (15/15 ARM) | Rates as low as 6.250% APR3 |
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Providing Financial Solutions to Take Care of Our Own
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*APY (Annual Percentage Yield) effective as of 2/27/2024 for a special 18-month regular Certificate. Membership required. Not available for corporate accounts. This promotional rate offer is available for 18 months. A minimum opening deposit of $500 is required to obtain the promotional APY. Early withdrawal penalties will be imposed. Deposit balances must be maintained to maturity to obtain the promotional APY. Once opened, no add-on amounts to the account during the term are allowed. At maturity, unless otherwise indicated, the balance of the Certificate will automatically roll-over into a regular Certificate at the rate currently in effect for a 24-month Certificate. Terms and conditions are subject to change without notice. For full terms and conditions visit thepolicecu.org.
**APR (Annual Percentage Rate) Example rate of 6.14% APR with 36 monthly payments = $30.49 per $1,000 borrowed, loan to value <=75%. +73-84 month New and Used Auto loan requires a minimum loan amount of $25,000. Rates quoted above assume excellent borrower history. Out-of-state vehicles may be acceptable on franchise dealer transactions only. Rates, terms and conditions are subject to change without notice. Maximum vehicle mileage = 175,000.**APR = Annual Percentage Rate. Example rate of 6.14% APR with 36 monthly payments = $30.49 per $1,000 borrowed, and loan to value <=75%. +73-84 month New and Used Auto loan requires a minimum loan amount of $25,000. Rates quoted above assume excellent borrower history. Rates, terms and conditions are subject to change without notice. Maximum vehicle mileage = 175,000. Lowest qualified rate assumes 1.00% off current The Police Credit Union rate with a max loan term of 72 months, and <=75% Loan-to-Value (LTV) for vehicles purchased August 23 - September 21, 2024 from Enterprise Car Sales and financed with The Police Credit Union. APR is based on evaluation of credit history, so your rate may differ. Pricing subject to change at any time. Rates, fees and terms are subject to change at any time, visit our website for current rates at www.thepolicecu.org. Used vehicles were previously part of the Enterprise rental fleet &/or an affiliated company’s lease fleet or purchased by Enterprise from sources including auto auctions, customer trade-ins or from other sources, with a possible previous use including rental, lease, transportation net-work company or other use. All vehicle inventory is available by visiting enterprisecarsales.com or a dealership where a Sales Consultant can help you find vehicles available in our nationwide inventory. Delivery of vehicles outside local area may require transfer fee
1Important Notes: APR = Annual Percentage Rate. Example rate of 6.14% APR with 36 monthly payments = $30.49 per $1,000 borrowed, loan to value <=75%. +73-84 month New and Used Auto loan requires a minimum loan amount of $25,000. Rates quoted above assume excellent borrower history. Out-of-state vehicles may be acceptable on franchise dealer transactions only. Rates, terms and conditions are subject to change without notice. Maximum vehicle mileage = 175,000.
2APR = Annual Percentage Rate. Example rate of 9.34% with 36 monthly payments = $31.96 per $1,000 borrowed. Rates quoted above assume excellent borrower history. Your actual APR may vary and will be determined when a credit decision is made, and may be higher than the lowest rate available. Lower credit quality, longer terms, different loan types, and non-qualification for discounts may result in higher. There are no pre-payment penalties on early payoff of loans. Rates, terms, and conditions are subject to change without notice. For current rates or other information, call us at 800.222.1391.
3APR = Annual Percentage Rate. Loan is a variable rate loan (15/15 Adjustable Rate Mortgage (ARM)) of 6.250% APR, amortized over 30 years and fixed for the first 180 months, adjusting to the 10 Year Constant Maturity Treasury Bill plus a margin (2.75% conforming balance, 3.00% jumbo balance) in the 16th year with a 6.00% adjustment cap. Minimum qualifying credit score of 680 required. Other credit qualifications apply, contact a loan officer for more information. Example note rate of 6.250% with 360 monthly payments = $615.73 per $100,000 borrowed. Payment amount does not include taxes and insurance, and actual payment obligation will be greater. Pricing effective 9/9/2024 and subject to change at any time. Rate may increase after consummation.