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Experience the joy of homeownership! The variety of Home Loan programs offered by Foothill Federal Credit Union gives you greater flexibility in obtaining just the right financing option for your next Home Loan.
 
RETIRE YOUR MORTGAGE...
10 year
7 year
5 year
.
Conforming Loans
15 year
20 year
30 Year
40 year
Jumbo Loans
30 year
15 year
Adjustable Rate Mortgages
5/1 ARM

RETIRE YOUR MORTGAGE...

         with our Short Term Fixed Rate Mortgages

    No Closing Costs!


10 year
Term: 10 years   Maximum Amount: $417,000
RatesAPRPoints
3.375%3.375%0%

7 year
RatesAPRPoints
3.25%3.25%0%

5 year
RatesAPRPoints
3.125%3.125%0%
 

NO CLOSING COST

**Closing costs paid by the lender include credit report, document preparation, tax service and similar fees. You are responsible for property taxes, insurance, homeowner association dues and for any required down payment, transfer taxes, and owner's title policy on purchases.  Subject to an early closure fee up to $1,500, if the loan is closed within 24 months.


.

Payment example: A $100,000, owner-occupied loan up to 80% LTV with a 5 year term at 3.125% APR has a monthly payment of $1,802.43, a 7 year term at 3.250% APR has a monthly payment of $1,332.63, and a 10 year term at 3.375% APR has a monthly payment of $983.01. Loans are available for primary residence properties, and must be located in the following Southern California counties:  Orange; Los Angeles; San Bernardino; Riverside; San Diego; or Ventura

Rates and terms are as of 10/25/2011, subject to credit approval and subject to change without notice. Some restrictions apply.

 

 

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Conforming Loans

Loan amount up to $417,000.  Maximum loan to value of 90% with a minimum credit score of 680.

Term: 30 years   Maximum Amount: $417,000

15 year
RatesAPRPoints
2.75%3.08%1.5%
2.875%3.1%0.5%
3%3.119%0%

20 year
RatesAPRPoints
3.375%3.635%1.5%
3.5%3.678%0.75%
3.625%3.719%0%

30 Year
RatesAPRPoints
3.625%3.813%0.75%
3.75%3.879%1.5%
3.875%3.943%0%

40 year
RatesAPRPoints
4.25%4.409%1.5%
4.375%4.484%0.75%
4.5%4.558%0%

Jumbo Loans

Loan amount from $417,000 to $729,000.  Maximum loan to value 80%.

Term: 30 years  

30 year


RatesAPRPoints
3.875%4.057%1.125%
4%4.122%0.5%
4.125%4.196%0%
 

 


15 year
RatesAPRPoints
3.25%3.336%1.5%
3.375%3.43%0.5%
3.5%3.523%0%

Adjustable Rate Mortgages

5/1 ARM

The APR for adjustable rate mortgages are based on the weekly average of the 1-year Constant Maturity Treasury rate. The APR's are based on closing cost of $2,500 on loan amounts of $300,000. Adjustable Rate Mortgages include a margin of 2.500%  with a maximum cap rate per adjustment of 1% and ceiling rate of 3% over the start rate.

Term: 30 years   Maximum Amount: $417,000
RatesAPRPoints
3%3.066%0%


Rates shown are subject to change anytime without notice and are not intended to be inclusive or a commitment to the pricing for which you may qualify. Pricing is based on credit history, loan to value (LTV), occupancy, property type, loan amount, loan purpose, and income/financial obligations. The annual percentage rate (APR) for first trust deeds in this disclosure are based on the term stated including applicable points and customary closing costs.  Programs available for residential single family, townhouse, condominiums or PUD properties located in California; condominiums and PUD type properties may have a higher rate and additional pricing adjustments due to property type. Non-owner occupied programs are available

Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $625,500 with closing costs of $12,510. Your actual APR may be different depending upon these factors.