School Employee Mortgage Program:
Fixed Rate
A program created exclusively for school employees to help make home ownership goals a reality.
Features
- Rate/term refinance transactions up to $1,000,000
- Cash-out refinance transactions up to $750,000
- Conforming loans: finance up to 95% for primary residence detached homes and 90% for condominiums
- Jumbo loans: finance up to 90% for primary residence detached homes and condominiums
- Free 45-day rate lock
- No prepayment penalty
- .125% interest rate discount for a refinance to 80% of the property value
- Reduced loan administration fee
To view rates, please click the "All Mortgage Loan Rates" link located under the Helpful Tools list on this page.
The rates quoted apply to a 30-year term and are effective as of 11/19/2008. They are not guaranteed until locked, and are subject to change without notice.
The Annual Percentage Rates (APRs) are based on a loan amount of $350,000 for the stated term and a Loan-to-Value of 80%.
Not applicable to pre-approvals without property selected.
To speak to a real estate loan consultant, please call
714/258-4000 or 800/462-8328, extension 8236.
Consultants are available Monday - Friday, from
8 a.m. to 7 p.m., and Saturday, from 9 a.m. to 3 p.m.
