Real Estate Loans
Rates are current as of March 21, 2024, and subject to change without notice.
| Description | Maximum Term | APR* As Low As | Maximum Amount |
|---|---|---|---|
| Purchase Mortgage (RE) (7) | 180 months | % | $300,000 max |
| Purchase Mortgage (RE) (7) | 240 months | % | $300,000 max |
| Purchase Mortgage (RE) (7) | 360 months | % | $300,000 max |
| Home Equity Fixed Rate (RE) | 60 months | % | $150,000 max (4) |
| Home Equity Fixed Rate (RE) | 120 months | % | $150,000 max (5) |
| Home Equity Fixed Rate (RE) | 180 months | % | $150,000 max (5) |
| Home Equity Line of Credit (RE) | 180 months (3) | % | $150,000 max (1) |
| Refinanced 1st Mortgage (RE) | 120 months (6) | % | $300,000 max (4) |
| Refinanced 1st Mortgage (RE) | 180 months | % | $300,000 max (4) |
| Refinanced 1st Mortgage (RE) | 240 months | % | $300,000 max (4) |
Automobiles, Cars, Trucks, New & Used
Rates are current as of February 6, 2024, and subject to change without notice.
Did you know that Sterling United gives members up to a 0.25% loan rate discount for having a direct deposit and debit card? This discount applies to auto and personal loans. Call (812) 492-8385 to get started! Some exclusions apply.
| Description | Maximum Term | APR* As Low As |
|---|---|---|
| (2024)New Auto/Truck/Van (CE) | 36 months (11) | % |
| (2024)New Auto/Truck/Van (CE) | 48 months (11) | % |
| (2024)New Auto/Truck/Van (CE) | 60 months (10) | % |
| (2024)New Auto/Truck/Van (CE) | 66 months (9) | % |
| (2024)New Auto/Truck/Van (CE) | 72 months (9) | % |
| (2024)New Auto/Truck/Van (CE) | 84 months (9) | % |
| (2023-2022) Used Auto/Truck/Van (CE) | 60 months (10) | % |
| (2023-2022) Used Auto/Truck/Van (CE) | 66 months (10) | % |
| (2023-2022) Used Auto/Truck/Van (CE) | 72 months (10) | % |
| (2023-2022) Used Auto/Truck/Van (CE) | 84 months (10) | % |
| (2021-2020) Used Auto/Truck/Van (CE) | 60 months (10) | % |
| (2021-2020) Used Auto/Truck/Van (CE) | 66 months (10) | % |
| (2021-2020) Used Auto/Truck/Van (CE) | 72 months (10) | % |
| (2021-2020) Used Auto/Truck/Van (CE) | 84 months (10) | % |
| (2019-2018) Used Auto/Truck/Van (CE) | 60 months (10) | % |
| (2019-2018) Used Auto/Truck/Van (CE) | 66 months (10) | % |
| (2019-2018) Used Auto/Truck/Van (CE) | 72 months (10) | % |
| (2017-2015) Used Auto/Truck/Van (CE) | 60 months (10) | % |
| (2017-2015) Used Auto/Truck/Van (CE) | 66 months (10) | % |
| (2014 or Older) Used Auto/Truck/Van (CE) | 48 months | % |
| (2014 or Older) Used Auto/Truck/Van (CE) | 60 months | % |
Mobile Homes & Recreational Vehicles
Rates are current as of February 6, 2024, and subject to change without notice.
| Description | Maximum Term | APR* As Low As |
|---|---|---|
| (2024-2023) New Mobile Home (CE) | 96 months (9) | % |
| (2022-2016) Used Mobile Home (CE) | 84 months (9) | % |
| (2015-2013) Used Mobile Home (CE) | 72 months (9) | % |
| (2012-2004) Used Mobile Home (CE) | 60 months (10) | % |
| (2024) New Motorcycle/ATV/OffRoad (CE) | 60 months (11) | % |
| (2024) New Motorcycle/ATV/OffRoad (CE) | 66 months (10) | % |
| (2024) New Motorcycle/ATV/OffRoad (CE) | 72 months (9) | % |
| (2024) New Motorcycle/ATV/OffRoad (CE) | 84 months (9) | % |
| (2023-2022) Used Motorcycle/ATV/OffRoad (CE) | 60 months (11) | % |
| (2023-2022) Used Motorcycle/ATV/OffRoad (CE) | 66 months (11) | % |
| (2023-2022) Used Motorcycle/ATV/OffRoad (CE) | 72 months (11) | % |
| (2023-2022) Used Motorcycle/ATV/OffRoad (CE) | 84 months (11) | % |
| (2021-2020) Used Motorcycle/ATV/OffRoad (CE) | 60 months (11) | % |
| (2021-2020) Used Motorcycle/ATV/OffRoad (CE) | 66 months (11) | % |
| (2021-2020) Used Motorcycle/ATV/OffRoad (CE) | 72 months (11) | % |
| (2021-2020) Used Motorcycle/ATV/OffRoad (CE) | 84 months (11) | % |
| (2019-2018) Used Motorcycle/ATV/OffRoad (CE) | 60 months (11) | % |
| (2019-2018) Used Motorcycle/ATV/OffRoad (CE) | 66 months(11) | % |
| (2019-2018) Used Motorcycle/ATV/OffRoad (CE) | 72 months(11) | % |
| (2017-Older) Used Motorcycle/ATV/OffRoad (CE) | 60 months(11) | % |
| (2017-Older) Used Motorcycle/ATV/OffRoad (CE) | 66 months(11) | % |
| (2024) New Watercraft (CE) | 60 months (10) | % |
| (2024) New Watercraft (CE) | 66 months (10) | % |
| (2024) New Watercraft (CE) | 72 months (9) | % |
| (2024) New Watercraft (CE) | 84 months (9) | % |
| (2023-2022) Used Watercraft (CE) | 60 months (10) | % |
| (2023-2022) Used Watercraft (CE) | 66 months (10) | % |
| (2023-2022) Used Watercraft (CE) | 72 months (9) | % |
| (2023-2022) Used Watercraft (CE) | 84 months (9) | % |
| (2021-2020) Used Watercraft (CE) | 60 months (10) | % |
| (2021-2020) Used Watercraft (CE) | 66 months (10) | % |
| (2021-2020) Used Watercraft (CE) | 72 months (9) | % |
| (2021-2020) Used Watercraft (CE) | 84 months (9) | % |
| (2019-2018) Used Watercraft (CE) | 60 months (10) | % |
| (2019-2018) Used Watercraft (CE) | 66 months (10) | % |
| (2019-2018) Used Watercraft (CE) | 72 months (9) | % |
| (2017-Older) Used Watercraft (CE) | 60 months (10) | % |
| (2017-Older) Used Watercraft (CE) | 66 months (10) | % |
| (2024) New Motorhome/Camper (CE) | 60 months (10) | % |
| (2024) New Motorhome/Camper (CE) | 66 months (10) | % |
| (2024) New Motorhome/Camper (CE) | 72 months (9) | % |
| (2024) New Motorhome/Camper (CE) | 75 months (9) | % |
| (2024) New Motorhome/Camper (CE) | 84 months (9) | % |
| (2023-2022) Used Motorhome/Camper (CE) | 60 months (10) | % |
| (2023-2022) Used Motorhome/Camper (CE) | 66 months (10) | % |
| (2023-2022) Used Motorhome/Camper (CE) | 72 months (10) | % |
| (2023-2022) Used Motorhome/Camper (CE) | 75 months (10) | % |
| (2023-2022) Used Motorhome/Camper (CE) | 84 months (10) | % |
| (2021-2020) Used Motorhome/Camper (CE) | 60 months (10) | % |
| (2021-2020) Used Motorhome/Camper (CE) | 66 months (10) | % |
| (2021-2020) Used Motorhome/Camper (CE) | 72 months (9) | % |
| (2021-2020) Used Motorhome/Camper (CE) | 84 months (10) | % |
| (2019-2018) Used Motorhome/Camper (CE) | 60 months (9) | % |
| (2019-2018) Used Motorhome/Camper (CE) | 66 months (9) | % |
| (2019-2018) Used Motorhome/Camper (CE) | 72 months (9) | % |
| (2017-Older) Used Motorhome/Camper (CE) | 60 months (10) | % |
| (2017-Older) Used Motorhome/Camper (CE) | 66 months (9) | % |
Other Secured Loans
Rates are current as of June 30, 2023, and subject to change without notice.
Did you know that Sterling United gives members up to a 0.25% loan rate discount for having a direct deposit and debit card? This discount applies to auto and personal loans. Call (812) 492-8385 to get started! Some exclusions apply.
| Description | Maximum Term | APR* As Low As | Maximum Amount |
|---|---|---|---|
| Share Secured (CE) | 60 months | % | $100,000.00 |
| Share Secured (CE) | 120 months | % | $100,000.00 |
| Certificate Secured (CE) (13) | 120 months | $100,000.00 | |
| All Other Secured (CE) (14) | 12 up to 48 months | to % | Fair Mkt Value |
Unsecured Loans
Rates are current as of August 8, 2023, and subject to change without notice.
| Description | Maximum Term | APR* As Low As |
|---|---|---|
| Signature (CE) | 12 months | % |
| Signature (CE) | 24 months | % |
| Signature (CE) | 36 months | % |
| Signature (CE) | 48 months (17) | % |
| Signature (CE) | 60 months (17) | % |
| Line of Credit (LC) | 3% of credit limit (18) | % |
| Overdraft Protection (LC) | 3% of credit limit (18) | % |
| VISA Classic Credit Card | 3% of unpaid balance (19) | % |
| VISA Gold Credit Card | 3% of unpaid balance (19) | % |
*Annual Percentage Rate (Actual rate is determined by credit score). All Loans Require Lien on Title and Full Coverage Insurance
(1) Based on 80% of appraised value less amount of first mortgage.
(2) The variable rate on Home Equity Lines of Credit is set monthly. The rate is equal to the Wall Street Prime less 1.00%. Lines of Credit have a nominal floor rate of 3.00% APR and a maximum rate ceiling of 15.00% APR.
(3) The term on Home Equity Lines of Credit includes a 10 year draw period and a 15 year repayment period. Payment is equal to 1.50% of amount advanced subject to a $100 minimum payment.
(4) Based on 85% of appraised value less amount of first mortgage.
(5) Based on 80% of appraised value less amount of first mortgage.
(6) Internal refinances are required to add $10,000 or more.
(7) Loan to value and down payment requirements subject to eligibility, see mortgage loan officer for details.
(8) Purchase price will be supported by purchase order from dealer and may include sales tax and extended warranty.
(9) NADA Value and the purchase price must exceed $15,000.00 to get maximum term.
(10) NADA Retail Value must be $10,000.00 or greater to get maximum term.
(11) NADA Retail Value must be $5,000.00 or greater to get maximum term.
(12) NADA Value and the purchase price must exceed $5,000.00 to get maximum term.
(13) Certificate secured loan rate is based on rate paid on certificate plus 2.00%
(14) Rate is determined by the term of the loan.
(15) The unsecured limit depends on job security, stability, ability to repay and credit history. The maximum term on unsecured is 60 months.
(16) Advances will be made to the overdrawn account until it is brought up to zero, not exceeding the maximum loan limit.
(17) Requires a $5,000 minimum loan and a credit score of 650 or above.
(18) Minimum payment is $40.00 per month
(19) Minimum payment is $25.00 per month
