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Loan Solutions

Loans That Work for You – When and Where You Need Them

Being a peace officer is a 24/7 commitment. We want to honor the integrity of that commitment by being there when you need us. We’re available for loan applications 24/7, anytime, anywhere.

To get started, just Click Here. But before you do, please have the following ready to help expedite the process:

  • Your Member account number(s)
  • Your Social Security number

For Lending Applications:

  • Employment information
  • Employer’s name and address
  • Start time
  • Salary
  • Any other sources of income (such as part-time job, Social Security, child support)
  • Financial obligations
  • Loans
  • Value of home
  • Existing rates on secured loans not financed with the credit union
  • Assets
  • Primary deposit accounts and balance with other financial institutions
  • References
  • Name
  • Address
  • Phone number of a friend or relative not living with you

If purchasing a vehicle:

  • Year
  • Make
  • Model
  • Miles
  • Options

When contacting C.A.H.P. Credit Union, you will be asked general questions for security and verification purposes.

Vehicle Loans

C.A.H.P. Credit Union wants to offer you the same peace of mind that you offer the public. Whether you’re buying a new car or an RV, you want a vehicle you can rely on – and a loan that meets your needs.

The C.A.H.P. Credit Union offers loans for new and used vehicles that include:

  • Autos (Cars, Trucks and SUVs)
  • Motorcycles
  • Recreational Vehicles (RV, Watercraft, Off-Road Vehicles)

We can help you experience the excitement of buying a vehicle without the stress. Like you, we’re here to help, and we’re known for our low rates on cars, trucks, motorcycles and SUVs. Key benefits include:

  • No payments for 90 days1
  • Refinance loans from other lenders and save
  • Cash-Back auto equity loans
  • Terms up to 84 months
  • Fast and easy application process, simply Click Here.

When applying for your vehicle loan, in addition to the standard loan application information, please have the following vehicle information:

  • Year
  • Make
  • Model
  • Miles
  • Options

 

Skip-A-Payment

C.A.H.P. Credit Union offers qualified members the option to skip a loan payment without impacting your credit rating. The Skip-A-Payment Program gives you the option to defer a monthly payment on an eligible C.A.H.P. Credit Union loan to the end of the loan, up to two (2) times in a year. SKIP PAY Content Form

1 For 90-Day No Pay, interest begins accruing upon loan disbursal. Some restrictions apply. Optional. All loans granted on approval of credit (OAC).
All rates are expressed as Annual Percentage Rate (APR).

Mortgage Loans

When it comes to your home, integrity and security are as important as they are in your work.

Whether you are buying your first home, upsizing to a larger family home or right-sizing to a smaller home, the C.A.H.P. Credit Union has a home loan to fit your needs.

To start your mortgage loan application process, click on this link:

Start Your Mortgage Loan Application BY CLICKING HERE

 

Application Prep

To help you prepare for the application, please have the following ready to help expedite the process:

  • Your Member account number(s)
  • Your Social Security number(s)

For Lending Applications:

  • Employment information
  • Employer’s name and address
  • Date of hire
  • Salary
  • Any other sources of income (such as part-time job, Social Security, child support, etc.)
  • Financial obligations
  • Loans
  • Value of home
  • Existing rates on secured loans not financed with the credit union
  • Assets
  • Primary deposit accounts and balance with other financial institution(s)
  • References
  • Name
  • Address
  • Phone number of a friend or relative not living with you

 

Mortgage Loan Calculator

Use this calculator to generate an estimated amortization schedule for your current mortgage. Quickly see how much interest you could pay and your estimated principal balances. You can even determine the impact of any principal prepayments! Press the “Report” button for a full yearly or monthly amortization schedule.

To start using the Mortgage Loan Calculator, CLICK HERE.

 

Definitions

Mortgage amount

Original or expected balance for your mortgage.

Term in years

The number of years over which you will repay this loan. The most common mortgage terms are 15 years and 30 years.

Interest rate

Annual fixed interest rate for this mortgage.

Monthly payment

Monthly principal and interest payment (PI).

Total payments

Total of all monthly payments over the full term of the mortgage. This total payment amount assumes that there are no prepayments of principal.

Total interest

Total of all interest paid over the full term of the mortgage. This total interest amount assumes that there are no prepayments of principal.

Prepayment type

The frequency of prepayment. The options are none, monthly, yearly and one-time payment.

Prepayment amount

Amount that will be prepaid on your mortgage. This amount will be applied to the mortgage principal balance, based on the prepayment type.

Start with payment

This is the payment number that your prepayments will begin with. For a one-time payment, this is the payment number that the single prepayment will be included in. All prepayments of principal are assumed to be received by your lender in time to be included in the following month’s interest calculation. If you choose to prepay with a one-time payment for payment number zero, the prepayment is assumed to happen before the first payment of the loan.

Savings

Total amount of interest you will save by prepaying your mortgage.

Report amortization

Choose how the report will display your payment schedule. Annually will summarize payments and balances by year. Monthly will show every payment for the entire term.

Loan Rates

Loan Type

Rate

Vehicles Rates as low as 2.50% APR**
Signature Loans Rates as low as 10.95% APR**
Fully Secured Loans Rates as low as 8.00% APR

Rates are current as of  Sunday, April 13th, 2014 *Annual Percentage Yields (APY) may vary, please call for current rates*

**Annual Percentage Rate. Loan rates are based on credit score and term of loan.

Sample monthly payment for a loan of $15,000 for 60 months at 2.95% APR would be approximately $269.21

All rates and promotions subject to change without notice.

Loan Calculators

The following calculators are provided to C.A.H.P. Credit Union members for illustrative and educational purposes only. Upon applying for a specific loan you will be provided your actual rate and terms.

To start using the Amortization Loan Calculator, CLICK HERE.

Enter your desired payment – and let us calculate your loan amount. Or, enter in the loan amount and we will calculate your monthly payment. You can then examine your principal balances by payment, total of all payments made, and total interest paid. Press the report button to see a monthly payment schedule.

To start using the Mortgage Loan Calculator, CLICK HERE.

Use this calculator to generate an estimated amortization schedule for your current mortgage. Quickly see how much interest you could pay and your estimated principal balances. You can even determine the impact of any principal prepayments. Press the “Report” button for a full yearly or monthly amortization schedule.

 

Great Rates and Peace of Mind Made Easy

                       

A Visa Card to Suit Your Needs

Accepted by millions of merchants worldwide, C.A.H.P. Credit Union Visa cards offer an exceptional combination of convenience, savings and security.

Banks have been raising rates and adding fees lately. Not us! Check your next Visa statement to make sure you’re getting the best deal compared with C.A.H.P. Credit Union’s Platinum Visa. We believe you’ll see a clear advantage in using our card.

So take a close look and compare other cards to our Platinum Visa. We offer you credit card options with a low rate that hasn’t changed in over 10 years. We think it will be an eye opener with our great low rates, no annual fee, and a variety of free services that offer you the best value and stable low rates. See below for more on our great Visa credit cards.

 

Visa Card Design Options

The C.A.H.P. Credit Union offers a Visa Credit Card with the traditional credit card designs. For our CAHP and PORAC members, we offer a C.A.H.P. Credit Union Visa Card with either the Association design or PORAC design.

 

Classic Visa

If you pay your balance in full every month or are establishing your credit, then the Classic Visa could be best for you.

  • 13.8% fixed Annual Percentage Rate
  • No annual fee
  • 25-day grace period on purchases
  • Personal Identity Theft Protection
  • Auto Rental Collision Damage Waiver

 

Platinum Visa

Our best rate for those with excellent credit, our Platinum Visa may be your best choice.

  • No annual fee
  • 10.8% fixed Annual Percentage Rate
  • 25-day grace period
  • Free $1,000,000 travel accident insurance
  • Free $3,000 lost luggage reimbursement
  • Free auto rental insurance
  • Personal Identity Theft Protection

Visa provides reassurance that only you can use your Visa card online. The service is FREE to Visa cardholders. You’ll have the added assurance that your Visa card is safer when you shop at participating online stores. Look for the new Verified by Visa symbol; it’s your way of knowing that you are shopping with an additional layer of security.