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?
How can we help?
Or try these resources:
Home Loans
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.
Saving for Home Ownership
Thinking about buying a home? A house is likely the biggest purchase you will ever make. Because of the high costs involved, saving for it takes commitment, planning, and sometimes sacrifice. And saving is about more than just having enough for a down payment. These are the factors you need to consider:
8 Ways to Use a HELOC
If you’ve ever wondered what a HELOC is or what you’re supposed to do with it, this article is for you. A HELOC, or Home Equity Line of Credit, leverages your home’s equity to give you more flexibility compared to other loans — you can borrow up to your maximum credit limit, when you need it, as you need it.
7 Reasons to Own a Home
Making a list of the pros of homeownership versus renting to see if it’s time to buy? Consider these 7 key differences:
7 Ways to Pay Your SESLOC Loan
SESLOC offers 7 convenient methods to pay your consumer or business loan. Please note that payments must be received on or before the due date or late fees may apply.
From Your CEO — Summer 2019
We’re halfway through 2019 and what an exciting year it has been. Your credit union posted its highest month of loan fundings in April at $25 million. Your credit union is in good financial health, and we are helping to make living on the Central Coast more attainable and enjoyable for our members—whether it be financing a car, a new home or a college education. Thank you to our new and existing members for bringing it home to SESLOC.
How to Apply for a Mortgage Loan
Buying a home is probably life’s biggest and most stressful purchase. Between saving for the down payment and competing with other buyers, the process can feel daunting — especially for first-time buyers.
Recent News
Recent Expansion of our Home Equity Line of Credit Program
SESLOC is making it possible to access more of the value in your homes, giving you more options to unlock cash when you need it.
From Your CEO: Focusing Efforts for Your Experience – Summer 2025
It’s been a busy quarter behind the scenes as we continue to work for you, our member-owners, and our Central Coast community.
Make Banking Easier with SESLOC’s NEW Direct Deposit Switch Tool
Direct Deposit is now easier than ever, thanks to our new Direct Deposit Switch Tool in Online Banking. Get started managing deposits today!
SESLOC Wealth Management Transitions to LPL Financial
As of May 17, 2025, SESLOC’s brokerage arm offering non-deposit investment services transitioned from CUSO Financial Services, LP to LPL Financial.
Tell Congress: Don’t Tax My Credit Union. It’s a Tax on Me.
A tax on credit unions is a new tax on you. Take action today: Contact your U.S. representatives and Senators and tell them: Don’t Tax My Credit Union.