Home Loan Rates
First Mortgage — Owner Occupied
| Term | Max Loan-to-Value (LTV) | Rate | APR* |
| 10 years | 80% | 3.250% | 3.584% |
| 15 years | 80% | 3.250% | 3.480% |
| 20 years | 80% | 4.000% | 4.183% |
| 30 years | 80% | 4.125% | 4.258% |
Max $417,000. Some additional restrictions apply to loans over $417,000. Refinancing your current CSFECU loan requires a minimum cash out of $20,000.
First Mortgage — Non-Owner Occupied
| Term | Max Loan-to-Value (LTV) | Rate | APR* |
| 15 years | 80% | 3.50% | 3.610% |
| 20 years | 80% | 4.25% | 4.337% |
| 30 years | 80% | 4.375% | 4.438% |
A $750 origination fee is required, along with third party costs.
Closing costs? Zero. Uses? Unlimited. For a limited time, we are covering the appraisal fee and closing costs when you open a Home Equity Loan with us.**
**Appraisal fee and closing costs are waived with a minimum draw amount of $20,000. Loan or credit line must be open for a minimum of 3 years. Loan or credit line closed prior to 3 years of the open date is subject to reimbursement of all original waived fees and will be added to the payoff balance.
Home Equity Loan — Owner Occupied and Non-Owner Occupied
| Term | Max Loan-to-Value (LTV) | Rate | APR* |
| 15 years | 80% of appraised value less balance of First Mortgage | 6.500% | 6.510% |
Home Equity Line of Credit — Owner Occupied
| Term | Max Loan-to-Value (LTV) | Variable Rate** | APR* |
| 7-year draw period 15-year repayment |
80% of appraised value less balance of First Mortgage |
Current: 4.00% | Minimum: 4.00% Maximum: 9.75% |
**Variable Rate: Variable-adjusts every January 1st and July 1st. Index is the 1 Year-Treasury Bill plus a 1.75% margin rounded up to the nearest quarter percent. Maximum change per change date is 1.00%.
Home Equity Line of Credit — Non-Owner Occupied
| Term | Max Loan-to-Value (LTV) | Variable Rate** | APR* |
| 7-year draw period 15-year repayment |
80% of appraised value less balance of First Mortgage |
Current: 4.00% | Minimum: 4.00% Maximum: 9.75% |
Minimum line is $5,000, minimum advance is $500. Payments are amortized over 22 years or $100 whichever is greater. **Variable Rate: Variable-adjusts every January 1st and July 1st. Index is the 1 Year-Treasury Bill plus a 1.75% margin rounded up to the nearest quarter percent. Maximum change per change date is 1.00%.
*APR - Annual Percentage Rate. Mortgage loan rates and terms effective 08/24/2017 and are subject to change without notice. Maximum loan-to-value ratio is 80% based on appraised value. All rates apply to single family dwellings located in the state of California. Third party costs are associated with these loans. The APR is based on a loan amount of $100,000. Loan approval subject to credit, income and property appraisal. Rate is not locked until final loan approval and offers may be withdrawn at any time. All terms and conditions are subject to change without notice.
