- Maximum Loan Amount is $600,000
- Primary residence only, maximum loan to value of 70%
- 15 or 30 year fixed rate terms are available
- Property must be in Santa Barbara, San Luis Obispo, Ventura, or Kern county
- Credit union pays for appraisal & credit report
- Member is responsible for 1% loan origination fee (point)
- Member is responsible for title & escrow fees, (range from $1,700.00 to $2,150.00 depending on loan amount)
- All points & fees may be deducted from loan proceeds at closing
- Credit Union does not require or offer Escrow / Impound accounts
- Example 15 year mortgage at a rate of 5.83%, 5.99% A. P. R. has 180 monthly payments of $8.35 per $1,000 borrowed.
- Example 30 year mortgage at a rate of 6.67%, 6.77% A. P. R. has 360 monthly payments of $6.43 per $1,000 borrowed.
- NMLS # 810491