Mortgage/Real Estate Loan Rates

Loan TypeAPRTerm
Rates effective July 1, 2019
FIRST MORTGAGE LOANSAPR* As Low AsTERM (and/or Maximum Loan Amount)
Contact our Real Estate Lending Professionals.Rates change on a weekly basis.Call 661-952-5945 for more info.
a
HOME EQUITY LINE OF CREDIT (HELOC)APR* As Low AsTERM (and/or Maximum Loan Amount)
Up to 90% financing of primary residence’s appraised value. Initial draw of $10,000. Future advances of $500 minimum.Prime + 0.0% to Prime + 3.5**Draw period of 60 months. Up to 240 months term. Maximum $250,000.
a
HOME EQUITY LOAN, CLOSED-ENDAPR* As Low AsTERM (and/or Maximum Loan Amount)
Up to 80% of primary residence’s appraised value, less any other liens.7.50%120 months. $50,000 maximum.
a
Instructions for obtaining a HELOC or Home Equity Loan, Closed-End
1. Copy of Deed of Trust
2. Current First Mortgage Statement of Account
3. Copy of current Homeowners Insurance
4. Verification of employment and/or income may be necessary
a
Home Equity Loan (Closed-end) Example
$10,000 borrowed at 7.00% APR, 30 day due date
120 month term = monthly payments of approximately $116.15
Total finance charges = $3937.14
Total repaid is $13,937.14
a
All loans are subject to credit approval. Loan rates, terms and conditions are subject to change without notice.
Your actual loan rate may vary from the rates shown, and will be based on an evaluation of your credit profile.
*APR = Annual Percentage Rate
**Variable rate tied to the Prime Rate as published in the Wall Street Journal, rounded to the next 0.125%. This rate is changed quarterly. Maximum lifetime rate of 18%.

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