Hurry, you're pre-qualified! Offer ends November 15, 2020.

 

Dear %LOANENGINENAMEFIRST%,

Congratulations! You have been pre-qualified for a personalized special loan offer from SkyPoint Federal Credit Union.

To take advantage of your offer, click the Loan Offers link in online or mobile banking to choose any one of the loan options below. With your pre-qualified status, you are already one step closer to keeping your finances in great shape. It's just one more way we're making banking simple.

Choose one of the offers below:

 

 

 

 

 

 

PLEASE NOTE: You have been pre-qualified for your choice of one of the above offers. If you would like to take advantage of more than one offer, or would like to request more than your approved amount, please contact us. A full application may be required. See below for details.

 

© %HCTEMPLATEYEAR% SkyPoint Federal Credit Union. All rights reserved.

Federally Insured by NCUA  

19785 Crystal Rock Dr., Suite 201, Germantown, MD 20874

 

 

 

* We used information on you that we obtained from a consumer reporting agency in connection with this "Pre-Qualified" offer. You were selected to receive this offer because you satisfied certain criteria for creditworthiness, which we previously established. The offered credit may not be extended if, after you respond to this offer, we determine that you do not meet the criteria used to select you for this offer or any other applicable criteria bearing on creditworthiness, or if you do not provide the required collateral. Not all applicants will qualify for the lowest rate. Membership eligibility is required.

** APR=Annual Percentage Rate.

1 New Auto Purchase—Refinance: SkyPoint finances up to 125% of MSRP (new vehicles) based on a review of your credit. Minimum loan amount is $5,000. Payment example: A %LOANENGINENEWAUTOPURCHASEREFINANCET%-month loan of %LOANENGINENEWAUTOPURCHASEREFINANCEA% at %LOANENGINENEWAUTOPURCHASEREFINANCER% fixed APR will have %LOANENGINENEWAUTOPURCHASEREFINANCET% monthly payments of %LOANENGINENEWAUTOPURCHASEREFINANCEP% per $1,000 borrowed. Rates as low as 2.79% include a .25% auto transfer discount and a .15% MVP discount and are based on borrower creditworthiness and loan term. Maximum rate is 7.14%. Rates current as of August 1, 2020, and are subject to change based on borrower eligibility and without notice. Other rates and terms available. This offer may be withdrawn if the value of the vehicle you are refinancing exceeds the LTV you are approved for. This offer does not apply to loans currently financed with SkyPoint. Proof of full coverage insurance is required. Offer is based on approved credit.

2 Used Auto Purchase—Refinance: SkyPoint finances up to the NADA Retail Value (used vehicles) based on a review of your credit. Minimum loan amount is $5,000. Payment example: A %LOANENGINEUSEDAUTOPURCHASEREFINANCET%-month loan of %LOANENGINEUSEDAUTOPURCHASEREFINANCEA% at %LOANENGINEUSEDAUTOPURCHASEREFINANCER% fixed APR will have %LOANENGINEUSEDAUTOPURCHASEREFINANCET% monthly payments of %LOANENGINEUSEDAUTOPURCHASEREFINANCEP% per $1,000 borrowed. Rates as low as 3.29% include a .25% auto transfer discount and a .15% MVP discount and are based on borrower creditworthiness and loan term. Maximum rate is 7.64%. Rates current as of August 1, 2020, and are subject to change based on borrower eligibility. Other rates and terms available. This offer may be withdrawn if the value of the vehicle you are refinancing exceeds the LTV you are approved for. This offer does not apply to loans currently financed with SkyPoint. Proof of full coverage insurance is required. Offer is based on approved credit.

3 Personal Loan: Payment example: A %LOANENGINEPERSONALLOANT%-month loan of %LOANENGINEPERSONALLOANA% at %LOANENGINEPERSONALLOANR% fixed APR will have %LOANENGINEPERSONALLOANT% monthly payments of %LOANENGINEPERSONALLOANP% per $1,000 borrowed. Rates as low as 7.74% including .25% auto transfer discount and .15% MVP discount and are based on borrower's credit score and loan term. Maximum rate is 11.14%. Rates current as of August 1, 2020, and are subject to change based on borrower qualifications and eligibility. The minimum approved loan amount is $500 and is subject to loan approval.

4 ONE Signature Rewards Card: All terms and conditions are subject to change without notice. 0% APR for 18 months on purchases and balance transfers, then APR is variable based on the Prime Rate, as published in "The Wall Street Journal," plus a margin based on borrower’s credit rating at the time of application. All cards are subject to credit approval. SkyPoint maintains the right not to open this account if: a) the name and mailing address have been altered, b) applicant does not meet the credit qualifications of SkyPoint or c) SkyPoint receives the application to apply after the offer has expired. Rates stated available on approved credit and may be different as determined by the individual creditworthiness of each applicant. You are pre-qualified for an SkyPoint Credit Card with a limit of at least $5,000. The maximum APR for a SkyPoint Credit Card is 16.99%. Rates current as of August 1, 2020, and are subject to change based on market conditions and borrower eligibility.

5 Home Equity Line Of Credit: Variable APR equal to the Prime Rate as published in "The Wall Street Journal" plus a margin specific to your loan. Prime Rate (currently 3.25%) with a minimum APR of 3.49% and a maximum APR of 18.00%. Rates current as of August 1, 2020, and are subject to change based on market conditions and borrower eligibility. Subject to credit approval. Your APR may be higher based on the prevailing variable-rate index value, your credit qualifications, the amount of your credit line, combined loan-to-value, and/or property type. Minimum credit line is $10,000. Maximum credit line is $250,000 based on LTV. SkyPoint pays closing costs (excluding taxes) in exchange for a $10,000 draw at settlement. If the credit line is closed within three years of open date borrower is responsible to reimburse credit union for closing costs paid by the credit union. Ten-year draw period followed by a ten-year repayment period. Homeowner's property insurance is required. Flood insurance may be required. Credit line together with any other mortgage(s) cannot exceed 90% of the property value on primary residences. Offer does not apply to existing SkyPoint credit lines.

6 Home Equity Loan: Rates as low as 4.25%, your APR may be higher based on your credit qualifications, the amount of your home equity loan, combined loan-to-value, and/or property type. Maximum rate is 7.50%. Minimum home equity loan amount is $10,000. Maximum home equity loan amount is $250,000, based on LTV. Payment example: A %LOANENGINEHOMEEQUITYLOANT%-month loan of %LOANENGINEHOMEEQUITYLOANA% at %LOANENGINEHOMEEQUITYLOANR% fixed APR will have %LOANENGINEHOMEEQUITYLOANT% monthly payments of %LOANENGINEHOMEEQUITYLOANP% per $1,000 borrowed. Rates current as of August 1, 2020, and are subject to change based on market conditions and borrower eligibility. Homeowner's property insurance is required. Flood insurance may be required. Home equity loan together with any other mortgage(s) cannot exceed 90% of the property value on 1–4 family, owner-occupied properties. Primary residences only. Offer does not apply to existing SkyPoint home equity loans.