Loan Rates

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Loan Rates Effective February 2017

Loan_Rates
Higher Deposit Rates, Lower Loan Rates
Because POLAM’s focus is serving member’s financial needs and not making a profit, any profit made after operating expenses is returned to the member. This is why we can offer you lower loan rates and higher deposit rates compared to banks that operate for profit.

  • Loan Type Terms APR  As low as*
    Home Loan up to 900K 5yr fixed 80% LTV 3.50%
    Home Loan up to 550K 5yr fixed 90% LTV 3.70%
    Home Equity Line of Credit
    Up to 200k
    80% LTV 4.75%
    Home Equity Line of Credit
    Up to 300k
    70% LTV 4.75%
    First Time Home Buyer Special Offer:
    Get the same lower rate with 10% down as you would with 20% down,
    NO Private Mortgage Insurance required. For more info call (800) 404-5137

    *APR is Annual Percentage Rate. The Home Equity Line of Credit APR is a variable rate which is based on the Prime Rate. Loan approval and rate are based on a verification of income, an evaluation of your creditworthiness, and property evaluations which include Loan-to-Value (LTV).  If you cancel your loan, third party fees may apply. Costs may include a non-refundable appraisal fee. Property insurance is required. Loan amounts up to $300,000. All loans and rates are subject to change.  The actual fees, costs and monthly payment on your specific loan transaction may vary and may include additional fees and costs. No additional discounts may be applied to these rates. 3.50%APR and 3.70%APR applies to new purchase only, no refis. Jumbo Loans (over $750K) add .50% APR.  POLAM is an equal housing lender. For more information, call POLAM at (800)404-5137.

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    Mortgage Calculator


  • Loan Type Terms APR As low as*
    Personal Loan Up to $7,500 up to 36 months 9.95%
    Savings Certificate Secured Loan up to 60 months 2-3% above Share Certificate Rate
    *APR is Annual Percentage Rate

    Estimated monthly payment of $32 per $1,000 borrowed at 9.95% APR for 36 months.  Alternative rates, terms and conditions may apply depending on applicant’s credit qualifications.  Rates are subject to change without notice. No additional discounts may be applied to these rates. All loans subject to credit approval. Restrictions apply. For more information call (800) 404-5137.

  • Loan Type Terms APR As low as*
    POLAM Visa Card up to $7,500 9.98.%
    POLAM Visa Preferred up to $7,500 7.98.%
    *APR is Annual Percentage Rate

    Alternative rates, terms and conditions may apply depending on applicant’s credit qualifications. Rates and terms subject to change without notice. All loans subject to credit approval. No additional discounts may be applied to these rates. For more info click here or  call (800) 404-5137

  • Terms APR  As low as*
    24 months 2.65%
    36 months 2.65%
    48 months 2.65%
    60 months 2.65%
    72 months 3.65%
    84 months 4.15%
    *APR is Annual Percentage Rate

    2.65% APR is the preferred rate with a FICO score of 700 & higher, for new vehicles up to 60 months at a monthly payment of approximately $17.52 per $1,000 borrowed.  Additional rates, starting as low as 3.65% APR with FICO score of 700 for up to 72 months at a monthly payment of approximately $15 per $1,000 borrowed. Alternative rates, terms and conditions may apply depending on applicant’s credit qualifications.  Rates are subject to change without notice. No additional discounts may be applied to these rates. All loans subject to credit approval. Existing POLAM auto loans may not be refinanced under the terms of 1.99 % APR offer. Offer for a limited time only. Restrictions apply. For more information call (800) 404-5137.



  • Terms APR  As low as*
    up to $ 8,000 36 months max 3.65%
    up to $ 18,000 48 months max 3.65%
    up to $ 40,000 60 months max 3.65%
    *APR is Annual Percentage Rate

    Estimated monthly payment of $18.26 per $1,000 borrowed at 3.65% APR for 60 months.  Alternative rates, terms and conditions may apply depending on applicant’s credit qualifications.  Rates are subject to change without notice. No additional discounts may be applied to these rates. All loans subject to credit approval. Restrictions apply. For more information call (800) 404-5137.