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Refinance

Save money or free up cash when you refinance your mortgage. If you’re looking for a better interest rate or lower monthly mortgage payment, we'll help find the solution that's right for you.


Get started with an application or speak with a Mortgage Loan Officer »

For a free consultation, call (805) 543-1816, email or book an appointment »


Fixed Rate Home 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
  • No closing cost option**
  • Low or no points options
  • Pre-qualification with no obligation
  • Financing up to 97% loan to value*

Adjustable Rate Home Loans

Compared to a fixed rate loan, these loans have lower initial interest rates, which mean lower monthly payments. Even after the initial rate hold 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
  • No closing cost option**
  • Rate adjusts annually after the initial rate hold
  • Rate caps to provide added security
  • Low or no-points options
  • 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

* Loan terms based on credit history, and are subject to credit approval. Some restrictions apply.
** No Closing Cost Option available for first mortgages on primary residences only. Not available with financing on investment or commercial properties. SESLOC will pay closing costs, including but not limited to: lender’s title services, escrow services, appraisal, tax service, credit report, flood certification and recording fees. Paid closing costs do not include points, pre-paid interest, hazard insurance premiums, initial escrow deposit, or property taxes. Other restrictions apply. A rate premium will be added to the applicable loan rate.