Rates

Loan Rates

Houses? They're expensive. So are cars, boats, and RVs. At CoVantage, we try to make everything more affordable by providing low rates.

Annual Percentage Rate (APR) effective July 26, 2025 and subject to change.

Rates/APRs (annual percentage rates) are based on a loan amount of $100,000 for a primary residence. In-House Rates/APRs are for borrowers with credit scores of 760 and higher and a Loan-to-Value (LTV) of 80% or less. Secondary Market Rates/APRs are for borrowers with credit scores of 760 and higher and a Loan-to-Value (LTV) of 70% of less purchase transaction. Borrowers with lower credit scores, higher LTV, or who are requesting lower loan amounts may expect slightly higher rates/APRs. For loans with less than 20% downpayment, private mortgage insurance may be required. These costs will be added if necessary. If escrow is required or requested, the actual monthly payment will also include amounts of real estate taxes and homeowner's insurance premium. Only eligible borrowers who meet CoVantage credit and membership requirements may qualify for financing.

  • Second homes – Add .25% to rates below.
  • Non-owner Occupied – (limited to 20-year amortization) Add .75% to rates below.
  • Land loans – Add .75% to In-House rates.
  • In-House Jumbo ($806,500 and greater) –  Subtract 0.125% from In-House rates.
  • 90% LTV with no PMI. Call for rates and terms.
    • 10% downpayment for borrowers with credit scores of 760 and above.

Fixed Rate

Effective Date: July 26, 2025
Rate Term APR As Low As Monthly Payment Per $1000
5.750%15 Year5.750%8.30
6.125%20 Year6.125%7.24
6.625%30 Year6.625%6.40

In-House Fixed Rate

Effective Date: July 26, 2025
Rate Term APR As Low As Monthly Payment Per $1000
5.500%5 Year5.500%19.10
5.500%10 Year5.500%10.85
5.500%12 Year5.500%9.50
6.250%15 Year6.250%8.57
6.625%20 Year6.625%7.53

In-House Adjustable Rate

Effective Date: July 26, 2025
Rate Term APR As Low As Monthly Payment Per $1000
6.250%1/1 ARM6.799%6.16
6.250%3/1 ARM6.667%6.16
6.250%5/1 ARM6.559%6.16
7.125%10/1 ARM7.078%6.74

In-House Adjustable Rate First Time Home Buyer

Effective Date: July 26, 2025
Rate Term APR As Low As Monthly Payment Per $1000
6.625%10/1 ARM6.708%$6.40

Interest Only Construction

Effective Date: July 26, 2025
Rate Term APR As Low As Monthly Payment Per $1000
6.125%18 Month Balloon6.125%5.03

Annual Percentage Rate (APR) effective July 26, 2025 and subject to change.

Regular New & Used Vehicle and RV rates and monthly payments are based on financing 100% of value.

$5000 minimum loan amount for titled rates on auto loans. Auto loans under $5000 are subject to unsecured rates and terms.

Please be aware that individual rates and terms may vary based on down payment, age of collateral, mileage, credit history, and credit score.

Titled Vehicle & RV Rates include: Titled cars, motorcycles. campers, and boats over 16 feet long. 120 and 180 month terms only available for motorhomes, campers and boats. 

Non-Titled Recreational Vehicle Rates include: Snowmobiles, ATVs, campers, and boats under 16 feet long.

Titled Vehicle & RV Rates

Effective Date: July 26, 2025
Term APR As Low As Monthly Payment Per $1000
24 Month4.790%43.78
36 Month4.790%29.88
48 Month4.790%22.93
60 Month4.790%18.78
66 Month4.790%17.26
72 Month4.790%16.01
84 Month5.490%14.37
120 Month6.740%11.48
180 Month7.740%9.41

Non-Titled Recreational Vehicle Rates

Effective Date: July 26, 2025
Term APR As Low As Monthly Payment Per $1000
24 Month7.690%45.09
36 Month7.940%31.31
48 Month7.940%24.38
60 Month8.190%20.37
72 Month8.690%17.87

Annual Percentage Rate (APR) effective July 26, 2025 and subject to change.

Rates and monthly payments are our lowest available. Individual rates and terms may vary based on down payment, credit history, and credit score.

Unsecured Loan Rates

Effective Date: July 26, 2025
Term APR As Low As Monthly Payment Per $1000
0-368.990%$31.80
37-489.990%$25.36
49-6010.990%$21.74

Annual Percentage Rate (APR) effective July 26, 2025 and subject to change.

Rates and monthly payments are our lowest available. Individual rates and terms may vary based on down payment, credit history, and credit score.

Home Equity Flex Line of Credit (Variable Rate)

Effective Date: July 26, 2025
Rate Term APR As Low As Monthly Payment Per $1000
6.500%Line of Credit6.500%10.00

Home Equity Flex Fixed Rate Conversion Option

Effective Date: July 26, 2025
Rate Term APR As Low As Monthly Payment Per $1000
6.490%5 Year6.490%19.57
6.740%10 Year6.740%11.48
8.240%15 Year8.240%9.70
9.240%20 Year9.240%9.15

Annual percentage rates (APR) effective July 26, 2025 and subject to change.

Rates and monthly payments are our lowest available. Individual rates and terms may vary based on down payment, credit history, and credit score.

Kwik Cash

Effective Date: July 26, 2025
Product APR As Low As Monthly Payment Per $1000
Kwik Cash11.950%30.00

Annual percentage rates (APR) effective July 26, 2025 and subject to change. 

Rates and monthly payments are our lowest available. Individual rates and terms may vary based on down payment, credit history, and credit score.

View complete credit card disclosures. 

Credit Cards

Effective Date: July 26, 2025
Product APR As Low As Monthly Payment Per $1000
Great Rate Visa Credit Card 10.490%​​​​​​​Varies
Cash Back Visa Credit Card 15.240%​​​​​​​Varies

Save money on interest charges. Spend it on the better things in life.

A family vacation, a new kitchen, college tuition, some cool electronics. You have better things to spend your money on than interest payments. CoVantage takes pride in offering our neighbors great rates on mortgages, rewards credit cards, home equity loans, vehicle loans, and personal loans.

Member Patronage Payments

Each year, our Board of Directors decides how much to set aside to cover deposit dividends, operating costs, and other needs, including investments in technology, so that CoVantage stays relevant and has the growth needed to stay financially strong. Extra revenues are then returned to our member-owners in the form of Patronage, which we've been making since 1980.