- Maximum Loan Amount is $600,000 (maximum loan to value 70%)
- Member's primary residence only (owner occupied)
- Property must be in Santa Barbara, San Luis Obispo, Ventura or Kern county
- 15 or 30 year fixed rate terms are available
- 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 5.97%, 6.13% A. P. R. has 180 monthly payments of $8.42 per $1,000 borrowed.
- Example 30 year mortgage at a rate of 6.84%, 6.94% A. P. R. has 360 monthly payments of $6.55 per $1,000 borrowed.
- NMLS # 810491