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1451 S. Seaside Ave
Terminal Island, CA 90731

Phone:
(310) 832-0227
(800) 397-9227

Fax:
(310) 832-0228

E-mail Address:

Tom@boptifcu.com Jeremy@boptifcu.com
Linda@boptifcu.com Anthony@boptifcu.com

Rates

Savings Rates Loan Rates Fees

Loan Rates
DEBT RATIO: A debt ratio will be applied to all loan applications received. The maximum debt ratio allowed is 45%. This is determined by dividing total monthly debt payments by gross monthly income. Verification of income will be necessary by means of a recent earnings statement or W-2 form or other satisfactory means.
AUTOMOBILE--NEW
Maximum financing is vehicle MSRP *Plus tax and license fees*. Financing available up to 60 months. 72 month repayment schedule available with minimum financed amount of $20,000 Under one year service, 85% of MSRP plus tax and license.
REFINANCING of new autos financed through a dealer or other financial institution within the previous 45 day period will be treated as a new vehicle.
Also available for new vehicles are Mechanical Breakdown Insurance policies (MBP) and Guaranteed Asset Protection Plans (GAP).
 
Interest rate is based on Member's Experian FICO 2 Risk Score:
 
ScoreRate (APR)
800 and up 1.9%
750 - 799 2.9%
720 - 749 3.9%
690 - 719 4.9%
640 - 689 6.9%
600 - 639 7.9%
550 - 599 8.9%
500 - 549 10.9%
499 and less 12.9%
 
New Vehicle loans: Payment per $1,000 borrowed, $17.48-$23.74 for 60 months
 
AUTOMOBILE--USED
Used car financing available up to 60 months. 72 month repayment schedule available with minimum financed amount of $20,000. We will finance up to Retail Kelley Blue Book value. Under one year of employment or less than one year of steady, verifiable non-employment income, 85% of Retail Kelley Blue Book, plus tax and license.
Also available for used vehicles are Mechanical Breakdown Insurance policies (MBP) and Guaranteed Asset Protection Plans (GAP).
 
Interest rate is based on Member's Experian FICO 2 Risk Score:
 
ScoreRate (APR)
800 and up1.9%
750 - 7992.9%
720 - 7493.9%
690 - 719 4.9%
640 - 689 6.9%
600 - 639 7.9%
550 - 599 8.9%
500 - 549 10.9%
499 and less 12.9%
 
Used Vehicle loans: Payment per $1,000 borrowed, $17.48-$23.74 for 60 months
 
MOTORHOMES - NEW/USED
NEW: Maximum 95% of purchase price excluding tax and license. USED: 95% of NADA 'low retail' value. One year service requirement. Length of financing is determined by the amount financed and interest rate is based on Member's Experian FICO 2 Risk Score:
 
ScoreRate (APR)
800 and up4.99%
750 - 7995.99%
720 - 7496.99%
690 - 7197.99%
640 - 6899.99%
600 - 63910.99%
550 - 59911.99%
500 - 54913.99%
499 and lower15.99%
 
Length of financing is determined by amount financed:Term
Loans up to $ 2,00024 months
$2,001 to $5,00036 months
$5,001 to $1000060 months
$10,001 to $20,00084 months
$20,001 and over120 months
 
Motor Home Loans: Payment per $1,000 borrowed, $15.09 - $19.86 for 84 months
 
MOTORCYCLES - NEW/USED
1 year service required. New: 80% of cost (excluding tax and license.) Used: Up to 'Loan Value' as indicated in Black Book Motorcycle Value Guide (excluding tax and license). Length of financing determined by amount financed and interest rate is based on Member's Experian FICO 2 Risk Score:
 
ScoreRate (APR)
800 and over4.99%
750 - 7995.99%
720 - 7496.99%
690 - 7197.99%
640 - 6899.99%
600 - 63910.99%
550 - 59911.99%
500 - 54913.99%
499 and lower15.99%
 
Length of financing is determined by amount financed:Term
Loans up to $5,00024 Months
$5,001 to $10,00036 Months
$10,001 to $15,00048 Months
$15,001 and over60 Months
 
Motorcycle Loans: Payment per $1,000 borrowed, $18.87- $24.43 for 60 months
 
TRAVEL TRAILERS
NEW: Maximum 95% of purchase price excluding tax and license. USED: 95% of NADA 'low retail' value. One year service requirement. Length of financing is determined by the amount financed and interest rate is based on Member's Experian FICO 2 Risk Score:
 
ScoreRate (APR)
800 and up4.99%
750 - 7995.99%
720 - 7496.99%
690 - 7197.99%
640 - 6899.99%
600 - 63910.99%
550 - 59911.99%
500 - 54913.99%
499 and lower15.99%
 
Length of financing is determined by amount financed:Term
Loans up to $ 2,00024 months
$2,001 to $5,00036 months
$5,001 to $1000060 months
$10,001 to $20,00084 months
$20,001 and over120 months
 
Travel Trailer Loans: Payment per $1,000 borrowed, $15.09 - $19.86 for 84 months
 
SIGNATURE LOANS
Under 1 year on current job, $2,000 maximum for 18 months. A person with over 1 year on current job may qualify for a loan up to 2 times gross monthly salary for up to 48 months.
Nine tiered interest rate risk based according to Member's Experian FICO 2 Risk Score as follows:
 
ScoreRate (APR)
800 and over 7.25%
750 - 799 7.75%
720 - 749 8.75%
690 - 719 9.75%
640 - 68910.75%
600 - 63913.75%
550 - 59915.75%
500 - 54917.75%
499 and Less18.00%
 
SIgnature Loans: Payment per $1,000 borrowed, $24.06 - $29.37 for 48 months
 
RECREATION VEHICLES (ATV, SEA-DOO, SNOWMOBILE, etc)
This type of RV will be financed only in States where the RV is titled. If the State does not issue a title, the credit union cannot finance it. Length of financing is determined by the amount financed. NEW - Maximum 80% of cost (excluding tax and license fees) or USED - 95% of NADA 'low retail' value. Interest rate is based on Member's Experian FICO 2 Risk Score:
 
ScoreRate (APR)
800 and over4.99%
750 - 7995.99%
720 - 7496.99%
690 - 7197.99%
640 - 6899.99%
600 - 63910.99%
550 - 59911.99%
500 - 54913.99%
499 and Less15.99%
 
Length of financing is determined by amount financed:Term
Loans up to $5,000 24 Months
$5,001 to $10,000 36 Months
$10,001 to $15,000 48 Months
$15,001 and over 60 Months
 
Recreational Vehicle Loans: Payment per $1,000 borrowed, $18.87 - $24.33for 60 months
 
BOATS
New - maximum 80% of cost excluding tax and license. USED - 95% of NADA 'low retail' value. Repayment terms to be based on amount financed and interest rate is based on Member's Experian FICO 2 Risk Score:
**Boat loans limited to States that issue title for boat.
 
ScoreRate (APR)
800 and over4.99%
750 - 7995.99%
720 - 7496.99%
690 - 7197.99%
640 - 6899.99%
600 - 63910.99%
550 - 59911.99%
500 - 54913.99%
499 and lower15.99%
 
Length of financing is determined by amount financed:Term
Loans up to $ 2,00024 months
$2,001 to $5,00036 months
$5,001 to $1000060 months
$10,001 to $20,00084 months
$20,001 and over120 months
 
Boats Loans: Payment per $1,000 borrowed, $15.09 - $19.86 for 84 months
 
SHARE SECURED LOANS
Borrow against your own funds in your Share Account. 2% over the rate paid on share account. Up to 120 months to repay.