LoanXpress in 4 Steps
If your LoanXpress loan(s) are already pre-approved, you can skip the usual application process. Here's how it works.
1. View Your Offers
Mobile.To view your LoanXpress offers via our CAP COM app choose "More" at the bottom right corner of your screen.
Online. To view your LoanXpress offers, log in to your CAP COM account. Then, choose LoanXpress from the menu at the top of the page.
2. Customize Them
View all of your LoanXpress offers on one screen. You can adjust the term and loan amount to see your estimated payment, too.
3. "Accept Offer" Button
When you click "Accept Offer" this signals you are interested in the loan. You can always review details and get answers to your questions before moving ahead.*
Most loan documents can be signed via secure email, and the money can be deposited directly into your account.
Note: Clicking "Accept Offer" (or generally applying for any loan) may affect your credit and the status of your remaining LoanXpress offers.
1. These offers are made available to you on the condition that you have a sufficient and verifiable source of income to meet the payment obligation and there has been no material change in your financial condition or creditworthiness. CAP COM FCU retains the right to perform an additional review including, but not limited to, requiring verification of information or obtaining a consumer report to verify such information prior to loan disbursement. The Interest rate disclosed is accurate at the time this offer is made and may change based on the rate in effect at the time you accept the offer and become legally obligated for the loan. Taking advantage of one or more of the offers may affect your credit and the status of your remaining pre-approved offers. CAP COM FCU retains the right to perform an additional review if we become aware that such a change may have or has occurred. When property is necessary to secure a loan offer, the offer shall be subject to other conditions (unrelated to the financial condition or creditworthiness) such as, but not limited to, an acceptable valuation of the property offered and determination of clear title to such property. Offer valid for original recipient of offer. Offer is not transferable. If you would like to take advantage of multiple products or borrow a greater amount than you have been pre-approved for, you may be given an option to “Apply” within LoanXpress. This triggers a new loan application at which point a Lending Representative will follow up with you. Credit Union membership is required for loan disbursement. Other terms and rates are available.
PRODUCT SPECIFIC INFORMATION
Rates are accurate as of 9/19/21 and are subject to change without notice.
Vehicle, RV or Boat Loan (New, Used or Refinanced)
Rate available on new loans only and not on existing CAP COM Loans. All rates quoted are the lowest available rates, actual rate will be based on overall credit worthiness. For illustrative purposes, the representative monthly Auto Loan payment based on a five-year term at a 2.99% fixed Annual Percentage Rate is $17.96 per $1,000 borrowed. Loans where the loan-to-value exceeds 100% may be subject to additional loan terms and conditions including, but not limited to, a higher interest rate. 90 day no-pay option is available for vehicles 7-years-old or newer. RV/Boat Loans: CAP COM will finance up to 90% of the sticker price (before tag, title, and tax) for new purchases, and up to 90% of the NADA High Value for used purchases. For illustrative purposes, the representative monthly RV/Boat Loan payment based on a ten-year term at a 6.49% fixed Annual Percentage Rate is $11.36 per $1,000 borrowed. Some restrictions apply. Ask about other terms and rates. Contact CAP COM for full details.
Home Equity Line of Credit
Mortgages in New York State only. CAP COM FCU NMLS Identifier: 401261. All Home Equity Line-of-Credit loans require a minimum initial advance of $5,000 and a minimum limit of $10,000. The rates quoted are based on a loan-to-value up to 80%. The representative monthly payment based on a 10-year term, in first mortgage position at a 3.875% Annual Percentage Rate is $10.07 per $1,000 borrowed. CAP COM will only hold first and second position mortgages. Contact CAP COM for full details. The Annual Percentage Rate (APR) shall be set at the time of funding and may be as high as the current Prime Rate plus 2%, with a maximum APR of 18%.
No closing costs on home equity lines of credits (HELOCs) up to $250,000. Discharge fees and overnight shipping charges are excluded where applicable. If the HELOC is paid and closed within 3 years of the closing date there is a recapture fee in which you will have to reimburse the Credit Union for all closing costs paid on your behalf. Estimated recapture fee examples include $457 in closing costs and a maximum average of $2,475 in New York state mortgage tax for Albany, Schenectady, and Rensselaer counties. Actual closing costs and mortgage tax may be different.
Visa Platinum Credit Card
All rates quoted are the lowest available rates, actual rate will be based on overall credit worthiness. If you are upgrading or increasing your limit on an existing CAP COM Visa Credit Card, your "Pre-Approved Limit" includes the existing balance on your current card. A minimum limit or limit increase of $1,000 is required. Membership eligibility required. Restrictions apply. Refer to the credit card table for complete credit card disclosures. Contact CAP COM for full details.
Personal or Debt Consolidation Loan
All rates quoted are the lowest available rates, actual rate will be based on overall credit worthiness. A minimum of $500 borrowed is required. 2 year draw period for lines of credit with 3-5 year terms. The representative monthly payment based on a 5-year term Personal Loan at 7.49% Annual Percentage Rate is $20.03 per $1,000 borrowed. Restrictions apply. Contact CAP COM for full details.