Home Loans

Annual Percentage Rate reflects FICO score of 740 or higher (also known as credit worthiness - your score may vary and affect the corresponding APR) and is based on a loan for an owner-occupied (primary residence), single-family dwelling in California with a loan-to-value ratio of 80% or less). Other restrictions may apply. These rates are for informational purposes only and are subject to change without notice. No rate is guaranteed without a valid rate lock. Please call or email our Real Estate department for other quotes or information.

Conforming and High Balance loan limits for certain counties in California have been revised for 2020. Certain restrictions apply.

3/1 and 5/1 ARM are loans that are fixed for the first 3 to 5 years and are adjusted on an annual basis thereafter. The index is used the 1 year US Treasury Security adjusted to a constant maturity of one year.

ARM Rate Adjustments:

Investment Property: add 0.50 basis points to Rate
FICO Score less than 660: add 0.25 basis points to Rate
Loan-to-Value greater than 80%: add 0.25 basis points to Rate

A point is equal to 1% of the balance of the loan amount.

5/1 ARM (30 year) Mortgage Payment Example: The information provided assumes the purpose of the loan is to purchase an existing single family home to be used as a primary residence, with a loan amount of $100,000, located in San Francisco County. The assumed credit score is 740. Therefore, on an $100,000 5/1 ARM (30 year) mortgage with an initial interest rate of 2.50% and an APR of 3.391%, where the interest rate adjusts annually with a maximum of 2% points up or down and will never exceed 6% points above or below the initial APR, a payment example would be as follows based on a fully capped interest rate over the life of the loan:

Years 1-5
Rate: 2.50%
Payment Amount: $395.12

Year 6
Rate: 4.50%
Payment Amount: $489.55

Year 7
Rate: 6.50%
Payment Amount: $591.28

Years 8-30
Rate: 8.50%
Payment Amount: $698.72