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Loan Information and Available Discounts
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All loan rates shown below are quoted as Annual Percentage Rates (abbreviated APR). All consumer loans are calculated on a simple interest basis and carry no pre-payment penalties or pre-paid interest charges. Optional credit life and credit disability insurance is available to most borrowers on many types of loans at a very reasonable charge. Special terms and conditions apply to certain mortgage loans, so be sure and consult our mortgage loan information page for more complete information. All posted loan rates and terms are subject to change without notice. Velocity Credit Union is an Equal Housing lender.
Loan rates are published at the lowest rates available. Your actual loan rate may vary from those published below. Your Annual Percentage Rate is determined by your individual credit rating score that is obtained from a credit reporting agency. Your interest rate, term and payment will be determined when we process your loan application. Rates and terms are subject to change without notice.
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Home Loans (Purchase, Home Equity and Home Improvement)
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Home is where the heart is. Your loan is where our part is.
Rates effective January 20, 2025
LOAN TYPE LOAN TERM INTEREST RATE APR PAYMENT PER $1,000 Home Equity Loans Up to 5 years 6.25% 6.47% $19.45 Home Equity Loans Up to 10 years 6.50% 6.62% $11.35 Home Equity Loans Up to 15 years 6.75% 6.84% $8.85 Home Equity Loans Up to 20 years 7.50% 7.57% $8.06 Home Improvement Up to 5 years 8.00% 8.32% $20.28 Home Improvement Up to 10 years 8.25% 8.43% $12.27 Home Improvement Up to 15 years 8.75% 8.88% $9.99 Home Improvement Up to 20 years 9.25% 9.36% $9.16 Your annual percentage rate (APR) will be based on your individual credit rating score that is obtained from a credit reporting agency. Your interest rate, term and payment will be determined when we process your loan application. Rates and terms are subject to change without notice.
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Mastercard Credit Card Rates
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Credit card rates effective January 3, 2025
An introductory rate of 0% APR applies to Platinum and Platinum Rewards cards for the first 12 months after the card is issued; then the rates will revert to those listed below.
ACCOUNT TYPE AVAILABLE CREDIT LIMITS APR AS LOW AS Mastercard Platinum $1,000.00 to $25,000.00 11.50% APR Mastercard Platinum Rewards $1,000.00 to $25,000.00 15.50% APR Mastercard Classic Secured $500.00 to $5,000.00 14.99% APR Important Credit Card Disclosures English | Espanol -
Personal Loans
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Loan rates effective June 9, 2025
Your annual percentage rate (APR) will be based on your individual credit rating score that is obtained from a credit reporting agency. Your interest rate, term and payment will be determined when we process your loan application. Rates and terms are subject to change without notice.
LOAN TYPE AMOUNT FINANCED LOAN TERM APR AS LOW AS PAYMENT PER $1,000 Personal Loan Up to $40,000 Up to 60 months 10.74%† $21.62 Line of Credit Up to $20,000 n/a 11.49%† 3% of balance, no less than $25 Ready to get started? Apply Here
†Our lowest APR includes a Member Rewards discount of 0.25%.
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New Autos
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Rates effective: July 1 2025
Your annual percentage rate (APR) will be based on your individual credit rating score that is obtained from a credit reporting agency. Your interest rate, term and payment will be determined when we process your loan application. Rates and terms are subject to change without notice.
APR AS LOW AS LOAN TERM PAYMENT PER $1,000 5.54% with Member Rewards† Up to 66 months* $17.62 5.74% with Member Rewards† Over 67 to 75 months* $15.91 6.59% with Member Rewards† Over 76 to 84 months* $14.90 Ready to get started? Apply Here
† Our lowest APR includes a Member Rewards discount of 0.25%.
* 100% financing available to qualified borrowers. -
Used Autos
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Rates effective: July 1, 2025
Your annual percentage rate (APR) will be based on your individual credit rating score that is obtained from a credit reporting agency. Your interest rate, term and payment will be determined when we process your loan application. Rates and terms are subject to change without notice.
AGE OF VEHICLE LOAN TERM APR AS LOW AS PAYMENT PER $1,000 Current year to 5 years old Up to 66 months 5.54% with Member Rewards† $17.62 Current year to 5 years old 67 to 75 months 5.74% with Member Rewards† $15.91 Current year to 5 years old 76 to 84 months 6.59% with Member Rewards† $14.90 6 to 7 year old models Up to 54 months 5.54% with Member Rewards† $20.97 6 to 7 year old models 55 to 60 months 5.74% with Member Rewards† $19.22 8 to 10 year old models Up to 36 months 5.74% with Member Rewards† $30.31 Ready to get started? Apply Here
† Our lowest APR includes a Member Rewards discount of 0.25%.
* 100% financing available to qualified borrowers. -
New and Used: Motorcycles, Boats, Motor Homes, Travel Trailers, and Campers
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Rates effective: July 1, 2025
Your annual percentage rate (APR) will be based on your individual credit rating score that is obtained from a credit reporting agency. Your interest rate, term and payment will be determined when we process your loan application. Rates and terms are subject to change without notice.
LOAN TERM WITH MEMBER REWARDS* PAYMENT PER $1,000 FINANCED Up to 66 months 5.79%* $17.73 67-75 months 5.99%* $16.02 76-84 months
(Max Term for Motorcycles is 84 months.)6.84%* $15.02 85-120 months 7.34%* $11.79 *Our lowest APR includes a Member Rewards discount of 0.25%.
100% financing is available to qualified borrowers on used motorcycles, boats, motor homes, travel trailers and camper loans. Velocity reserves the right to reduce loan term depending upon value and condition of vehicle/collateral. Maximum age of collateral 10 years. -
Austin Energy® Home Energy Savings
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Austin Energy® Home Energy Savings
Loan Amount Term (months) Rate Approximate Monthly Payment Per $1,000 Financed $1,500 up to $5,000 60 1.99% $17.53 $5,001 up to $10,000 61-120 2.99% $9.66 $10,001 to $20,000 61-120 3.99% $10.13 Ready to get started? Apply Here
Minimum Loan Amount is $1,500.00
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Share-Secured Loans
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Loan rates effective May 1, 2025.
Your interest rate, term and payment will be determined when we process your loan application. Rates and terms are subject to change without notice.
LOAN TYPE AMOUNT FINANCED LOAN TERM APR* AS LOW AS OTHER INFORMATION Share-Secured Loans Up to share balance, less other pledges Up to 10 years 2.85% Continues to earn dividends quarterly with deposit of $100.00 or more. Share Certificate Secured Up to certificate balance Not to exceed maturity date of certificate 2.50% over certificate rate, 18.00% maximum Loan may extend to maturity date of share certificate or maximum of one year, whichever is less Ready to get started? Please call us at 512.469.7060 or visit a branch to apply.
*APR = Annual Percentage Rate