Year-End Loan Discount

Holiday Savings Just got Better with this Rate Reduction 

Get ready to ring in the savings: Save 0.25% on an auto loan purchase or refinance* and on a fixed-rate advance for a home equity line of credit (HELOC).**

As a credit union, profit is returned to members in the form of better rates and fewer fees. Occasionally we adjust those rates even lower, but only for a limited time – this is one of those times. From Nov. 15 – Dec. 31, 2017, BECU will lower our rates by 0.25%, dropping as low as 2.24% for auto and 4.04% for a fixed-rate advance. The discount will be reflected in the rates during the promotional period.

Once January 1, 2018 arrives, the rates will return to our normal, still low, rates.– remember, the lower your rate, the less interest you pay over the life of your loan. In other words, more money kept in your pocket.

This is one holiday activity you won't want to miss! Be sure to apply and receive a qualifying loan from Nov. 15 – Dec. 31, 2017.

BECU's offer couldn't come at a better time - the end of the year is typically cited as one of the best times to buy your new (or new-to-you) vehicle. This rate special applies to cars purchased at dealerships and privately-owned used cars. You can also refinance to save money on your current auto loan.
If bringing your rate down  to 2.24%* APR wasn't enough, BECU auto-loan benefits offer even  more perks:

Used cars at new car rates 

Did you know that new cars at BECU, cars and trucks up to two years old qualify for new car rates whether it's brand-new, or one new-to-you. BECU is a great place to finance your new or used car or truck loan.


Auto refinance qualifies for our current loan special. It's easy to refinance your current car loan, even if the loan is currently at another bank. What's more, auto refinance qualifies for our current loan special. When you include our end-of-year loan offer, we may be able to beat your current rate, helping you save hundreds of dollars a year.

Easy financing at participating dealerships 

When you find the car you want, you can apply for a BECU Auto Loan right at the dealership—just ask for BECU financing. It's one-stop shopping and money saving all at once. You must finance the vehicle during the offer's promotional period, Nov. 15 – Dec. 31, 2017, in order to receive the discounted rate (as low as 2.24%!). Remember, rates go up as of January 1. Find participating dealerships.

Earn a better rate

We periodically evaluate the credit rating of each member who has a credit card, personal line of credit, personal loan, auto loan, boat loan or RV loan with BECU. If you've improved your credit score sufficiently and your account is in good standing, you may earn a better rate (if you're not already receiving our lowest rate). We'll update your APR and let you know.

Find out more, including our affordability calculator, at the BECU Auto Loan page.

Is 2018 the year for home improvements? Maybe you'd like to build a new deck and consolidate debt at the same time. Make it happen with a fixed-rate advance loan (where the fixed rate is even lower!) on your home equity line. The discount brings members down to rates as low as 4.04%** APR.

Fixed-Rate Advance, Explained 

What is a fixed-rate advance? It's a loan taken within your line of credit. Our HELOC allows you to take three separate, smaller fixed-rate advance loans (minimum $5,000 or more; loans can't exceed the overall loan sum). Fixing your rate keeps your interest from fluctuating and helps you better estimate your monthly payment. This can be helpful when you know the sum you need to borrow – say, you're having air conditioning installed and were quoted $8,500 for the project – and want a set borrowing rate on that sum.

Opening a New HELOC? 

There's a significant advantage to choosing BECU: In an unprecedented move, we worked to eliminate not some, but all origination fees from the HELOC loan! You pay no origination fees, appraisal fees, pre-payment penalty fees, title insurance fees, document mailing fees, escrow fees – the works. The bottom line? The fees you pay when closing the loan add up to a whopping zero.

Learn more about the ins and outs of home equity loans.

I Already Have a HELOC 

Members with a current home equity line of credit can take advantage of this offer, too. In fact, now is a great time to evaluate your home or budget's upcoming needs for the new year:

Simply give us a call at 800-233-2328, stop by your nearest Neighborhood Financial Center, or log into Online Banking, navigate to your Equity Advantage/Home Equity Line of Credit account and select Get a Fixed-Rate Advance. The system will walk you through a step-by-step process to create a new fixed-rate advance. 

The Gift of Saving  

We love this time of year. We especially love that we can provide our members with an opportunity to save money.  If you have questions about these money-saving offers, don't hesitate to ask – we love connecting with our members.

Have questions? Stop by your nearest Neighborhood Financial Center (you can even make an appointment ahead of time) or give us a call at 800-233-2328. 

Get Started today

* APR as low as 2.24% APR in effect from 11/15/2017 through 12/31/2017. 2.24% APR based on an excellent credit history, 48 month or less repayment term, collateral 2 years old or newer with up to 90% loan-to-value (LTV) based on wholesale Kelley Blue Book or dealer invoice and includes a 0.25% Promotional discount. Payment Example: $392.40 a month based on a 4 year, $18,000 loan at 2.24% APR and 90% LTV. Actual rate may be higher than the advertised rate. Financing is subject to BECU membership, credit approval and other underwriting criteria and not every applicant will qualify. Dealer fees may apply. Applicants must become a member of BECU to obtain a loan. Loan application must be received and processed between 11/15/2017 and 12/31/2017.

**The APR for a Fixed Rate Advance (FRA) as of 11/15/2017 range from 4.04% - 11.04%. FRAs provide for up to 15 years of monthly principal and interest payments, depending on the amount advanced. No more than 3 FRAs allowed at one time.  Minimum amount for a FRA is $5,000.  FRAs are subaccounts of a HELOC. Loan Program offered, including rates and terms, is subject to change without notice.