Home Loans

¹ Down Payment Second Mortgage Helper not available for the purchase of a second home or investment property. Must be combined with a UNIFY first mortgage product. Maximum combined financing for a UNIFY mortgage and Down Payment Second Mortgage is $1,000,000.

² Loan amounts are based on borrower(s) and collateral meeting credit criteria and loan program guidelines. All applicants must meet loan approval criteria which are based on credit history, debts, ability to repay, home ownership, home value, and other factors. Note: Manufactured or mobile homes are not eligible for financing. Upon your intent to proceed, an upfront, non-refundable $500 fee will be required.

³ Rates are subject to change without notice. The following are subject to rate increases in accordance with federal guidelines: all condominiums, multi-units (up to 4 units) and cash-out refinances.

⁴ Interest rate lock available after pre-approval is given. Loans must be funded within 90 days of locking interest rate. If 90 days expire, additional rate lock fees may apply. All applicants must meet loan approval criteria, which are based on credit history, debts, ability to repay, home ownership and home value. Note: All properties must be owner occupied. Manufactured or mobile homes are not eligible for financing. If pre-approved, a $500 non-refundable fee will be required to complete your loan process.

⁵ Must be a minimum of 50 miles distance from primary residence. Down Payment Second Mortgage not available in TX or on purchase of a second home/property.

⁶ Rate subject to change annually after introductory period. Rate change based on constant maturity of one year T-Bill (CMT) plus margin of 2.75%.

⁷ Please consult a tax professional regarding your specific situation.

⁸ APR=Annual Percentage Rate. “As low as” fixed rate loan lock APR assumes excellent borrower credit history including a minimum FICO score of 740, 80% or less loan-to-value (LTV) and a maximum 5 year lock term. Estimated monthly payment is $18.76 per $1,000 borrowed for 60-month term at 4.75% APR. Your rate may vary. Alternative term options are available and based on credit history at time of loan origination and length of rate lock period. Fixed-rate loan lock conversion fee is $25 per occurrence. Maximum of three fixed-rate loan locks at any time. Rates and/or program subject to change without notice.

⁹ This HELOC is a variable rate plan as described in the applicable loan documents. APR may vary based on the index rate plus a margin. Index rate is based on the Prime Rate as published in The Wall Street Journal. On October 31, 2019, that index was 4.75% APR and will never exceed 18.00% APR. Qualification and APR dependent on credit history, debt, loan-to-value, ability to repay, home ownership, and other factors. Collateral property must be owner occupied and property insurance is required. This HELOC has a 15-year draw period and 15-year repayment period. During the 15-year draw period, the minimum payment due each billing cycle will equal accrued finance charges (interest-only) and other applicable charges. The minimum payment will not reduce the principal balance. At the end of the draw period, the outstanding balance will amortize over a 15-year repayment period. Payments during the repayment period consist of principal and interest. You may pay certain fees to third parties, such as appraisers, credit report firms, and government agencies. These fees generally total $500-$1100. Rates and/or program subject to change without notice.

¹⁰ Rebates are subject to state and federal law, and lender approval. The following states currently prohibit rebates: AK, AL, IA, KS, LA, MO, MS, OK, OR, TN. To take advantage of the program, you must call HomeBenefitsPlus before contacting an agent. No rebate is available if you call an agent directly. CA DRE #01345642.

¹¹ Maximum 80% CLTV if subject property is a second home, or if subject property is located in the State of Texas.

¹² Closing costs and origination fees waived for HELOC and Home Equity Loans with an initial advance of at least $10,000.00 taken at closing. HELOC or Home Equity Loan must remain open for at least 36 months from date of closing. If HELOC or HE Loan is paid off and terminated within 36 months of closing date, closing costs and origination charges up to $500 will be added to the loan payoff amount. Transfer taxes (if applicable) are the responsibility of the borrower and not included in the closing cost waiver.

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UNIFY Financial FCU NMLS ID: 613881