America First Credit Union Loan Rates

AFCU loan rates are the published interest rates and APRs America First Credit Union offers across its mortgage, HELOC, auto, RV, motorcycle, boat, and personal loan products. Rates are tied to an underlying benchmark (Prime Rate, 10-year Treasury, or internal cost of funds) plus a margin based on credit profile, term length, and loan-to-value ratio. As a member-owned credit union, AFCU returns surplus to borrowers through rates that typically run 0.10-0.50 percentage points lower than equivalent bank loans.

Current Rate Highlights

Rate sheets at every credit union change with market conditions, and AFCU updates pricing on different cadences for different products. Mortgage rates refresh sometimes daily; auto and personal rates refresh weekly or monthly; HELOC rates float continuously with the Prime Rate. These figures are representative ranges for borrowers with strong credit — your individual offer depends on full underwriting.

Mortgage: 30-year fixed conventional roughly 6.49% APR; 15-year fixed roughly 5.79%; FHA roughly 6.25%; VA roughly 6.15%; jumbo 6.99%. HELOC: starting around 7.49% APR variable, tied to Prime. Auto: from 4.99% APR on qualifying used vehicles, 5.49% on new. RV: from 6.49% on qualifying motorhomes. Motorcycle: from 6.99%. Personal: from 8.99% APR for top-tier credit.

How AFCU Sets Loan Rates

1. Benchmark index. Each product starts from a benchmark — Prime Rate for HELOC and credit cards, 10-year Treasury for fixed mortgages, internal cost of funds for auto and personal loans.
2. Risk margin. A margin is added based on credit score, debt-to-income ratio, loan-to-value, and product type. Better credit, lower LTV, and shorter term mean a smaller margin.
3. Member benefit. The credit-union not-for-profit structure subtracts the equivalent of bank shareholder return, leaving rates 0.10-0.50 percentage points below comparable bank products.
4. Discounts applied. Autopay from AFCU checking typically discounts the rate by 0.25 percentage points on most loan products. Membership tenure can add small additional discounts.
5. Published openly. Final rate sheets are posted on the member portal and updated regularly. Quotes for individual borrowers come back within minutes via the online application.

Factors That Affect Your Individual Rate

The published headline rate is the best-case quote — what a borrower with excellent credit, low loan-to-value, and a short term would see. Most borrowers land slightly higher because one or more underwriting factors push the rate up. Understanding which factors apply lets you focus on the ones you can change.

Credit score is the biggest single lever — moving from 660 FICO to 740 FICO can cut an auto-loan rate by 1.5-3 percentage points. Loan-to-value matters most on secured loans: a 60% LTV mortgage prices noticeably better than a 95% LTV one. Term length: a 36-month auto loan rates 0.5-1 point lower than a 72-month one for the same borrower. Debt-to-income ratio affects approval more than rate but can push pricing if above 43%. Property type matters on mortgages: primary residence rates lowest, second home a touch higher, investment property highest.

Loan Product Comparison Snapshot

Fixed vs Variable — Which to Pick

Fixed-rate loans lock in the same monthly payment for the loan's life. Variable-rate loans float with a benchmark, so payments rise and fall over time. The right pick depends on time horizon and tolerance for payment swings.

Fixed wins when you plan to hold the loan long (10+ years on a mortgage), when rates are near a cyclical low, or when budget certainty matters most. Variable wins when you plan to pay off quickly (1-5 years), when rates are near a cyclical high and likely to fall, or when the rate spread between fixed and variable products is wide (variable usually starts lower). Hybrid products — adjustable-rate mortgages with a 5/6 or 7/6 structure — split the difference, locking the rate for 5 or 7 years before annual adjustments.

Rate Products at AFCU

Rate Lock and Rate Float

On mortgages, the rate quoted at application is not the rate at closing unless the borrower formally locks it. AFCU lets a borrower lock the rate for 30, 45, or 60 days at conditional approval. The lock protects against rate increases during processing; if rates fall significantly before closing, some borrowers can request a one-time float-down to the lower rate (terms vary by product). A 60-day lock typically costs 0.05-0.125 points more than a 30-day lock — worth it if processing might take longer than 30 days. Locking is one-way: you cannot unlock, only re-lock at the current market rate.

Overview & Key Features

America First Credit Union loan rates cover the full lending lineup at the 6th largest US credit union ($23.3 billion in assets, 1.5 million members, 116 branches). Rates start with a benchmark index (Prime Rate, 10-year Treasury, or internal cost of funds) and add a margin based on credit profile, term, and loan-to-value. The member-owned not-for-profit structure typically delivers rates 0.10-0.50 percentage points lower than comparable bank loans, with additional autopay and relationship discounts available.

• Mortgage: 30-year fixed from 6.49% APR, 15-year fixed from 5.79%
• HELOC: Variable from 7.49% APR, tied to Prime Rate plus margin
• Auto Loans: From 4.99% APR on used, 5.49% on new, 12-84 month terms
• RV Loans: From 6.49% APR, terms up to 180 months on motorhomes
• Motorcycle Loans: From 6.99% APR for cruisers, sport, touring
• Personal Loans: From 8.99% APR unsecured for top-tier credit
• Autopay Discount: 0.25 percentage points off most loan products
• Member Advantage: 0.10-0.50 points lower than comparable bank rates
• Phone: 1-800-999-3961 for loan-rate quotes and applications
• Online Application: Personalized rate quote inside secure.americafirst.com

People also ask about AFCU loan rates

What is today's AFCU 30-year mortgage rate?

The published 30-year fixed conventional mortgage rate is currently around 6.49% APR for borrowers with 740+ FICO, 20%+ down, and a primary residence. Your individual quote depends on credit, LTV, and other factors and is returned by the online application.

How much can autopay save on an AFCU loan?

Autopay from an AFCU checking account discounts most loan rates by 0.25 percentage points. On a $30,000 60-month auto loan that is roughly $200 in interest savings over the life of the loan; on a $300,000 30-year mortgage it is over $15,000.

Are AFCU rates better than other Utah credit unions?

AFCU rates are competitive with the largest Utah credit unions (Mountain America, UFCU, Goldenwest). Differences typically run 0.10-0.30 percentage points either way — always compare two or three credit-union quotes before committing on a large loan.

How often does AFCU change loan rates?

Mortgage rates can change daily with bond market moves. Auto and personal rates update weekly or monthly. HELOC and credit-card variable rates change whenever the underlying Prime Rate moves, typically following Federal Reserve policy decisions.

Does AFCU offer rate-match guarantees?

AFCU does not advertise a formal rate-match program but the credit union sometimes adjusts pricing for established members holding a competing offer in writing. Bring the competitor's locked-rate disclosure to a loan officer for review.

What is APR vs interest rate?

The interest rate is the cost of borrowing the principal. The APR (Annual Percentage Rate) includes the interest rate plus most upfront fees, expressed as an annualized percentage — it is the better number for comparing offers across lenders.