Mortgage Interest Rates

Rates effective as of 10/15/2019.

Rates and points are based on the following: Owner occupied single family home, FICO scores of 740 or greater on all borrowers, rate & term refinance transaction at 60% Loan-to-Value and a 30 day rate lock with an impound account.  Additional Pricing will be added if you do not meet these guidelines. All posted rates are subject to underwriting guidelines and may change at any time without notice.

Conforming Fixed Rate Loans Rate Points APR 1
30-Year Fixed Rate 3.375% 0.00% 3.420%
20-Year Fixed Rate 3.125% 0.00% 3.188%
15-Year Fixed Rate 3.000% 0.00% 3.081%
Conforming Adjustable Rate Loans Rate Points APR 1
3/1 30-Year Adjustable Rate 3.500% 0.00% 3.546%
5/1 30-Year Adjustable Rate 3.625% 0.00% 3.671%
Jumbo Fixed Rate Loans Rate Points APR 1
30-Year Fixed Rate 4.000% 0.00% 4.023%
15-Year Fixed Rate 4.125% 0.00% 4.166%
Jumbo Adjusted Rate Loans Rate Points APR 1
3/1 30-Year Adjustable Rate 2.875% 0.00% 2.896%
5/1 30-Year Adjustable Rate 3.875% 0.00% 3.897%

1. APR = Annual Percentage Rate. The advertised rates are based on a loan amount of $484,350 for conforming loans and $1,000,000 for jumbo loans for stated term including applicable points and customary closing costs. For 3/1 Adjustable Rate Mortgages (ARM) and 5/1 Adjustable Rate Mortgages (ARM) the advertised rates are based on a loan amount of $484,350 for conforming loans and $1,000,000 for jumbo loans for stated term including applicable points and customary closing costs.

Advertised rates available for properties located in California.

Maximum CLTV for rate & term refinances single family owner occupied, Approved Condominium, Town home Project is 80% when mortgage insurance is not obtained, and Second Homes is  80%.  Call for non-owner occupied properties rate and term maximum.   CLTV to 75% on owner occupied properties are available. Mortgage Insurance (MI) is required on all loans with greater than 80% CLTV. 

All Adjustable Rate Mortgages (ARM) have a 30-year amortization.  ARM rates are subject to change on specified dates.  The APR for the adjustable rate mortgage is based on the United States Treasury securities adjusted to a constant maturity  of  1 year, using weekly data (1YR  CMT weekly)  as made available by the Federal Reserve Board.

All loans are subject to credit, income, debt and property qualification.   Loan level pricing adjustments may apply based upon certain eligibility or other loan features such as credit score, loan purpose, occupancy, number of units, product type, loan amount your rate may be higher  or high balance feature and total CLTV. Rates and terms are subject to change without notice. Other restrictions and conditions may apply.

Cash out loans available call on certain products.