Loans

 

Learn about our offers and apply quickly and safely.


 

 

 

Personal Loan*    APPLY NOW

· Interest rates from 4.75% APR up to 18% APR

· Terms from 12 up to 96 months

· Maximum amount financed $30,000

· Payment protection insurance available

VAPR Federal Credit Union offers its members a great variety of personal loans to satisfy a diversity of needs. Our members can obtain up to $30,000 with repayment terms ranging from 12 to 96 months.  Interest rate offers are valid up to June 30, 2022 and the rates start from 4.75% APR going up to 17.50% APR. The shorter the term and higher the empirical score, the lower the interest rates. In some cases, a 10% deposit in shares is required as part collateral for the loan.

 

El Conveniente*    APPLY NOW

· Fixed interest rate of 5.75% APR

· Terms from 12 up to 60 months

· Maximum amount financed $5,000

· Does not require a deposit of shares as collateral

· Fixed interest rate, not subject to credit score**


El Conveniente from VAPR is a personal loan for members that fulfil the parameters established by VAPR FCU.  **Up to $5,000 at a fixed interest rate of 5.75% APR over 60 months, for members with an empirical of 600 or more and payment capacity of 45% or lower.  Offer valid until June 30, 2022.  Certain conditions and restrictions apply.



New Car Loan*  APPLY NOW

· Interest rates from 1.75% APR up to 13.50% APR
· Terms of up to 84 months

· Exclusive credit protection program in case of income loss


VAPR Federal Credit Union is a leader in car loans offers with low interest rates and no down payment. Interest rate offers are valid until June 30, 2022 and start from 1.75%APR up to 13.50%APR. We also offer members with an empirical of 760 or higher we offer up to 84 months with a special offer interest rate of 2.99%APR (valid until May 31, 2022).


Used Car Loans*  APPLY NOW

· Interest rates from 3.89% APR up to 14.75% APR
· Terms up to 84 months

· Exclusive credit protection program in case of income loss

At VAPR Federal Credit Union you can choose the payment plan that adjusts to your needs. The interest rate offers are valid until June 30, 2022 and they start from 3.89%ARP up to 14.75% APR.

 

Mastercard*  APPLY NOW

· 1.99% interest rate for six (6) months in purchases and balance transfers

· Zero annual fee for the first year

·Collect 500 Rewards Points (Recoompensa)

Enjoy the privileges of the VAPR Federal Credit Union Mastercard.  You can select between the classic card or the golden card, both with such a competitive interest rate that you will not be able to resist. The 1.99% interest rate is valid only for new accounts until June 30, 2022.  After six (6) months, the interest rate applicable to the applicant’s credit score at the time of applying.

 

*Product offered by VAPR Federal Credit Union (VAPR FCU), 2400 Carr. 177, Guaynabo, PR 00969-4779.  Subject to credit approval and fulfilment of the parameters established by VAPR FCU.  4.75% APR in 36 months for Personal Loans for members with an empirical of 760 or higher.  For some personal loans a 10% deposit in shares is required as part collateral to the loan.  1.75% APR up to 48 months in New Car Loans for members with an empirical score of 710 or more.  3.89% APR over 60 months in Used Car Loans for members with an empirical score of 710 or more.  1.99% over the first six (6) months in Mastercard for new accounts for members with an empirical score of 680 or higher.  Interest rate offers are valid until June 30, 2022. Other offers and terms available. The APR will be determined on the basis of your risk score and your credit history.  VAPR Federal Credit Union is a cooperative insured by NCUA, a Federal Government agency.  VAPR FCU does not discriminate on the basis of age, race, color, gender, sexual orientation, social or national origin, political affiliation, political or religious ideas.

 

Personal Loans 

VAPR Federal Credit Union offers its members a wide variety of personal loans to meet many needs. Our members can obtain up to $30,000 with repayment terms from 12 to 96 months. The shorter the term, the lower your interest rate.

 

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Secured Personal Loans

Even lower rates are available for secured loans.

 

  • Shares guarantee

 

  • Home Equity 

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Take a Vacation, Furnish your Home, Repair your Credit, Meet your Needs

Ready to take the family on that dream vacation? Need new furniture for your home? Does your credit need repair? You'll save money by going to VAPR Federal Credit Union which offers loans for all of these purposes at low interest rates.
Members can borrow up to $3,500 for a vacation or up to $3,000 to buy furniture and appliances (storm shutters, water tanks, generators, computers, solar water heaters, etc.), with the best interest rate.

VAPR Federal Credit Union offers terms far better than most furniture or department stores and much lower rates than credit cards.

Loans are also available for car and property insurance and opening an IRA. Become a member>>

 

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Loans for Meetings Tax Obligations

We also offer loans of up to $25,000 to pay income taxes. The interest rates are the same as for personal loans and VAPR provides a check made out to the Secretary of the Treasury for the exact amount of the taxes due. Become a member »

 

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Loans for Unforeseen Expenses:

 

Checking Account Reserves, Credit Lines, Funeral Costs or Mausoleums

When unexpected expenses unbalance your budget, VAPR Federal Credit Union is there with services designed to meet your needs and get you back on schedule.

Members with a checking account can apply for a reserve, ranging from $100 up to $5,000 to cover temporary shortfalls. Credit lines are also available, up to $3,000 to help members handle unforeseen expenses. Monthly payments for both checking reserve accounts and revolving credit agreements can be as low as $35 a month.

In the unfortunate event of the death of a family member, you can borrow up to $6,000 to cover funeral expenses. Become a member »

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Car Loans

Do you have a new car on mind? Once you have made your choice, your next stop is at VAPR Federal Credit Union. We are leaders in Auto Loans, with the lowest interest and zero down payment.
You can take as long as five years (60 months) to repay a loan of up to $12,000 for a new car. Loans for cars over $12,001 can be extended to six years (72 months), and cars over $25,000 can be financed for up to seven years (84 months). You can choose to make no down-payment contrary to what is required by most banks. Become a member »

 

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Used Cars

Loans are also available for used cars. Depending of the year and price of the car, repayment schedules range from three years (36 months) up to seven years (84 months) with zero down payment. Sometimes it's possible to obtain the same low rate offered for new car loans. Become a member »

 

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Transfer Your Auto Loan

The VAPR Federal Credit Union is offering its members a unique product in car loans. For those members who have purchased a new car with financing at another institution, we are offering to transfer their car loan to the Credit Union at a lower interest rate. In some cases the same low rate offered for new car auto loans. Also if the value of the car is of $25,000 or more you can choose to repay up to seven years (84 months) after. Become a member »

 

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To qualify for an Auto Loan Transfer

The member must meet all requirements set out in our auto loan policy. Refinancing could be up to seven years (84 months) based on the value of the car.

For transfers of new car loans financed at other financial institutions, the annual interest rate will be that established in our new car policy, or any other valid offer of a special annual interest rate, whichever is lower.
For transfers of used car loans financed at other financial institutions, the annual interest rate will be that set out in our used car policy.
The member must pay incidental costs such as contract registration or fees and any other required expenses. Become a member »

 

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Mortgage Loans

To help you make your most important investment, VAPR Federal Credit Union offers both conforming and non-conforming mortgages, home-equity loans, refinancing and loans to purchase land.
VAPR offers a choice of conventional, or VA mortgages to help you buy your first home and can also help you refinance your existing mortgage or purchase a second property. "Non-conforming" mortgages of up to $85,000 are also available.
Home-equity personal loans of up to $60,000 are available. You can choose from a fixed-rate or variable-rate loan and take up to 20 years to repay. The shorter the term of the loan, the lower the interest rate.
Want to purchase a lot of land? We can help you purchase or refinance your land. Become a member »

 

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Construction Loan

We offer construction loans for the financing of a primary residence. Approval is subject to the proper documentation from the regulation agencies.
Products:

  • Lot purchase and construction
  • Refinance

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