Anybody have any experience with Sperry FCU as a credit union or with their auto loans?
I spoke with a rep over the phone just to pick her brain on their Auto loan qualifications
Top tier is 740+ I want to say the rep said it was 780+ but the website does say 740 in the smallprint
They pull Experian
I asked if they were conservative lenders. She said she didn't think so. Side note: when I asked Penfed the same they told me they were a 5 on a scale of 1-10 with 10 being the most conservative. Needless to say, I laughed. Consumers CU told me they were an 8.
They will lend to a maximum of 50% DTI including the auto loan. (Not sure how true this is, most likely on a case by case basis)
Pre-approvals good for up to 60 days on a case by case basis, generally 30 days.
I have a preapproval with Penfed but I may take the plunge with Sperry for the lower rate, just can't seem to find any reviews on their auto loans.
Pretty good rates; the lowest rate listed is for the direct deposit. Never heard of them prior to doing research.
| New Vehicle Loan | up to $150,000 | 24 Months | 1.75% | 2.00% |
| | up to $150,000 | 36 Months | 2.40% | 2.65% |
| | up to $150,000 | 48 Months | 2.50% | 2.75% |
| | up to $150,000 | 60 Months | 2.50% | 2.75% |
| | up to $150,000 | 72 Months | 2.80% | 3.05% |
| | up to $150,000 | 84 Months | 2.25% | 2.50% |
| Used Vehicle Loan | up to $150,000 | 24 Months | 2.25% | 2.50% |
| | up to $150,000 | 36 Months | 2.60% | 2.85% |
| | up to $150,000 | 48 Months | 2.70% | 2.95% |
| | up to $150,000 | 60 Months | 2.85% | 3.10% |
| | up to $150,000 | 72 Months | 3.00% | 3.25% |
