Routing #325180029

Lending Services

Puget Sound Refinery Federal Credit Union offers a wide variety of loans at affordable rates. Are you looking to buy your first car, a new car or pickup? Any member having at least one share may apply.

You can expect all of our lending services to come with the prompt and friendly service you deserve as a member of Puget Sound Refinery Federal Credit Union. We think our combination of outstanding service, great rates and convenience just can’t be beat!

Home Loans

You have been asking us to do home loans, and we have found a way to provide low cost home loans with excellent rates to you by partnering with Consolidated Community Credit Union. This means the loans will not be on our books, but you will be working with us through the 1st steps. Consolidated Community Credit Union current rates.

HELOC

We have begun offering Home Equity Lines of Credit (HELOC)! Our HELOCs will be in the house, offering you hassle-free, low fee options, that we think is worth taking advantage of. Please see more information about our HELOC Loan Rates below.

To learn about our Subordination Agreement requirements, click here.

Credit Tiers

RatingCredit Score
A++750+
A+710 - 749
A680 - 709
B650 - 679 up to 80% LTV
C620 - 649 up to 70% LTV

HELOC Loan Rates

Variable TermsCredit RatingOwner OccupiedNon-Owner Occupied
QuarterlyA++3.00%4.00%
5 yearA++3.50%4.50%
15 yearA++5.5%6.5%
Call us for rates based on A+ through C credit tiers.

HELOC Terms

Rates shown are with a prime rate minus .25% for the Quarterly Adjustable HELOC (owner-occupied) with autopay. The Five Year (owner-occupied) reflects the prime rate plus .25%.

The VPR (Variable Periodic Rate) is published in the Wall Street Journal plus or minus margin, as of 03/16/20, the Periodic Rate is 3.25%. VPR is subject to change monthly. Check the current prime rate here.

  • All loans are set up for a 15-year repayment at each draft like a LOC. You can set it up to have a minimum interest-only payment or payment and interest to pay off over 15 years. If interest only is chosen, it becomes a closed-end loan at the end of 15 years, and you have 15 years to repay the total balance and interest.
  • A minimum payment of $100.00/mo is required regardless of the amount drawn from the credit line.
  • Debt to income must be 45% or below. Over $90,000 requested is subject to board approval. Any first placed mortgages over $500,000 subject to other rates/restrictions/approvals.
  • If any loans with PSRFCU are delinquent, we will freeze withdrawal advances until all accounts are current.

Late Fee

There will be a $25.00 late fee if the payment is received more than 15 days past the due date.

Prime Rates
(Effective 03/16/20)3.25%

Auto Loans

Our auto loans offer you hassle free, low fee options at great rates. Calculate your auto payment.

Credit Tiers

RatingCredit Score
A++750+
A+720 - 749
A700 - 719
B640 - 699
C600 - 639
D599 and Lower

Auto Loan Rates

Rates shown are floor rates with auto-pay requirement. Starting at a 60 month term that increases 0.50% for each year added with the exception of the A++ tier.
Credit RatingAutoMotorcycle/Boat/Rec Vehicle/EquipMotorhome/Trailer
New | UsedNew | UsedNew | Used
A++ / A+2.50% | 3.50%3.50% | 4.50%3.00% | 4.00%
A2.75% | 3.75%3.75% | 4.75%3.25% | 4.25%
B3.75% | 4.75%4.75% | 5.75%4.25% | 5.25%
C5.25% | 6.25%6.25% | 7.25%5.75% | 6.75%
D6.75% | 7.75%7.75% | 8.75%7.25% | 8.25%

Auto Loan Terms

ALL RATES ARE DETERMINED BY YOUR CREDIT SCORE From 2.75%-15.99%

Members receive 0.50% off rates when paying by payroll deduction. You can receive a 0.25% rate reduction for paying by ACH or automatic transfer.

The maximum amount financed will be 95% of the purchase price, not to exceed 95% of the NADA High Book Value. A tiered credit can finance 100% of the purchase of a vehicle. A+ tiered credit can finance 100%+++ (tax, licensing, fees up to 120% of NADA). Add 0.50% for each year over 60 months. Add 0.50% if over 100,000 miles or aged over 10 years. A++ tier begins to increase at 84 months.

Down Payment Requirements

Persons with a “D” credit rating may either be required to pay a $500 Member Assist Auto Program (MAP) fee or be required to have a co-signer or be required to do both.

Loan AmountTerm - up to
Under $10,000up to 48 months
Over $10,000 - $50,00049 – 83 months
Over $50,00084 – 96 months
Over $75,000up to 120 months
Over $90,000Up to 144 months (motorhomes, large boats, etc.)

Insurance

Proof of full coverage insurance is required on all collateral loans (comprehensive and collision).

Late Fee

A late fee of $25.00 will be assessed if your payment is received more than 15 days past the due date.

We offer: GAP Insurance, Mechanical Breakdown Protection

Personal Loans

Take out a Signature or Share Secured loan to cover medical expenses, vacation, holidays, etc.

Signature loans up to $10,000. Share Secured loans do not have a set maximum.

Credit Tiers

RatingCredit Score
A++750+
A+720 - 749
A700 - 719
B640 - 699
C600 - 639
D599 and Lower

Personal Loan Rates

Rates shown are floor rates with auto-pay requirement. Starting at a 60 month term that increases 0.50% for each year added with the exception of the A++ tier.
Credit RatingSignature
A++8.99% up to $10,000.00
A+9.50% up to $10,000.00
A9.99% up to $7,000.00
B11.00% up to $4,000.00
C12.00% up to $3,000.00
DNot available

Share Secured loan rate is 2.0% above the current dividend rate with automatic payment. Click below to get a fillable PDF application and then use the Upload feature through this site to send it to us.

Shared Secured Loan Application

Credit Card

We are now proudly partnering with LSC, a Credit Union Service Organization (CUSO), to offer you an opportunity to apply for a VISA Credit Card! When filling out the application, you must ensure to use the drop down to click on our name, Puget Sound Refinery FCU.