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Home Loans for Purchase or Refinance

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Start the loan process now with our easy online loan application »

You can also call 805.543.1816 or email us at REinfo@sesloc.org.

SESLOC has you covered.

Whether buying your dream home or refinancing your existing home, we'll guide you through the lending process and find a solution with a competitive rate that's right for you.

 

Fixed Rate First Trust Deed Loans

With a fixed rate, you have the advantage and security of knowing your rate and your monthly payment will not change for the term of your loan. Features include:

  • 15 and 30-year terms
  • Low or no points options
  • Pre-qualification with no obligation
  • Financing up to 97% loan to value

Adjustable Rate First Trust Deed Loans

Compared to a fixed rate loan, these loans have lower initial interest rates, which mean lower monthly payments. Even after the initial "rate lock" period, rates cannot adjust more than 1% annually or 5% over the life of your loan. They also feature:

  • A 1, 3, 5, or 7-year rate hold
  • Rate adjusts annually after the initial rate hold
  • Rate caps to provide added security
  • Low or no-points options
  • Long terms to keep payments lower
  • Pre-qualification with no obligation
  • Financing up to 97% loan to value

Rate Index: 11th District cost of Funds - 1% Annual Rate Cap / 5% Lifetime Rate Cap