Home Loans for Purchase
Home Loans for Purchase
Make your move with a local lender.
Whether buying your first home or your dream home, 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 terms1
- Low or no points options
- Pre-qualification with no obligation
- Financing up to 97% loan to value2
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:
- Various rate hold options are available. Contact a Mortgage Loan Officer near you for more information.
- 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 value2
Rate Index: One Year Constant Maturity Treasury – 1% Annual Rate Cap / 5% Lifetime Rate Cap
Current Rates
Click any rate or APR* to see a payment example.
Additional products and/or rate options may be available. Contact a Mortgage Loan Officer near you for more information.
APR = Annual Percentage Rate. Rates are subject to change without notice. Loan terms based on credit history and other underwriting criteria and subject to credit approval. Loan terms and conditions subject to change without notice.
Instant Mortgage Rate Quote & Payment Calculator results are for illustrative purposes only and don’t guarantee a rate. Actual rate, APR, payment amount and closing costs will vary based on final loan terms and may be higher. Consult a Mortgage Loan Officer for more information.
1. Click any rate or APR to see a payment example. Refer to our Payment Calculator to estimate additional payment examples.
2. Loan terms based on credit history, and are subject to credit approval. Some restrictions apply.
*APR = Annual Percentage Rate
Check out our free, informative eBook:
The Home Buying Journey Explained
Everything you need to know for purchasing your Central Coast dream home.
Ready for the next step?
Review our handy documentation checklist and application how-to. Or, get started with a pre-approval or free consultation using the forms below.
Get Pre-approved or Apply Now
Select your preferred branch or Mortgage Loan Officer:
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.
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.
"*" indicates required fields
Home Buying
From the News+ Blog
How to Boost Your Credit Score Ahead of Your Home Loan Preapproval
When it comes to buying a house, poor credit can limit your opportunities and result in higher interest rates and bigger payments. But with a little planning, you can boost your credit score ahead of your home loan pre-approval so you’ll be ready to make an offer on your dream home.
What’s the Difference Between Pre-approved & Pre-qualified?
Buying a home? You’ve probably heard that getting pre-approved or pre-qualified for a loan is an essential step forward in the process. But what’s the difference?
Mortgage Points: What You Need to Know
What are mortgage points and are they right for you? Mortgage points are basically discount points. When you’re getting your home loan, you can buy mortgage points to lower your rate and save you interest in the long run.
Shawn
Dan
Mary
Jennie
Mary
Lanie
Greg
Stacey
Aja
Savings are insured to at least $250,000 and backed by the full faith and credit of the U.S. government. National Credit Union Administration, a U.S. government agency.
