SESLOC Supports First Responders by providing a special low rate home loan.

Home Loans for First Responders

SESLOC Supports First Responders

 

SESLOC Supports First Responders by providing a special low rate home loan.

SESLOC Supports First Responder

SPECIAL OFFER! 

Home Loans for as little as 1% Down1

At SESLOC, we value the contribution of public safety professionals. We are proud to offer fixed or adjustable rate home loans with down payments as little as 1%1, designed especially for first responders.2  Thank you for protecting our community, now let us support you!

Eligibility: 2

  • Any employee presently employed either full time or part time with the fire department or a federal, state or local law enforcement agency
  • Full time or part time Emergency Medical Technicians (EMTs) and Paramedics
  • Loan must be for the purchase of your primary residence

Simply call us or request a free consultation to see if you’re eligible. We’ll guide you through the lending process and find a solution with a competitive rate that’s right for you.

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 terms3
  • Low or no points options
  • Pre-qualification with no obligation
  • Financing up to 99% loan to value1

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 5 or 7-year initial rate hold4
  • 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 99% loan to value1
1. Loan terms based on credit history, and are subject to credit approval. Some restrictions apply.
2. Other eligibility qualifications required for loan approval, including but not limited to: employment as full-time, presently employed police officer, firefighter, emergency medical technician or paramedics, loan must be for the purchase of primary residence and must qualify for mortgage insurance through the credit union mortgage insurance provider.
3. Payment Example: For a fixed rate loan in the amount of $647,200 for 30 years with an initial interest rate of 5.625% (APR 6.111%*), the estimated monthly payment would be $3,725.65. Payment examples are based on a set of loan assumptions and are for illustrative purposes only and exclude taxes and insurance. Actual rate, APR and payments will vary based on final loan terms and may be higher. Refer to our Payment Calculator to estimate additional payment examples.
4. Payment Example: For a 7/1 adjustable rate mortgage (ARM) loan in the amount of $647,200 for 30 years with an initial interest rate of 4.875% (APR 5.788%*), the estimated monthly payment would be $3,425.04. Payment examples are based on a set of loan assumptions and are for illustrative purposes only and exclude taxes and insurance. ARM rates, APRs and payment amounts are subject to change based on changes in the rate index, the One Year Constant Maturity Treasury (CMT) Rate and may increase after consummation. Actual rate, APR and payments will vary based on final loan terms and may be higher. Refer to our Payment Calculator to estimate additional payment examples.
*APR = Annual Percentage Rate

Ready for the next step?

Contact a Mortgage Loan Officer to see rates for this special program. Review our handy documentation checklist and application how-to. Or, get started with a pre-approval or free consultation using the forms below.

download our free ebook: The Home Buying Journey

Check out our free, informative eBook:

The Home Buying Journey Explained

Everything you need to know for purchasing your Central Coast dream home.

Need more info?

Let's chat.

Request a complimentary consultation with one of our Mortgage Loan Officers. Whether you want to purchase a home, refinance your mortgage or just check out your options, we're here to here to help you make informed decisions.  Simply fill out our form and we'll contact you shortly.

Home Loans

There is no obligation to join SESLOC or apply for a loan. By submitting this form, you agree to receive email communications from SESLOC and phone calls if this preference is indicated. You can unsubscribe at any time. 

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