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Coast Hills

Introducing our new 15/15 Hybrid Adjustable Rate Mortgage (ARM)

You'll love doing this two-step


Step 1: Start with a home loan rate as low as 3.750% (3.805% APR)*


Step 2: Your rate adjusts only once after a 15-year start period 


If you’re like most homebuyers, there’s a good chance that you’ll move again or refinance within 15 years. That makes our “two-step” 15/15 Hybrid ARM a smart way to combine today’s low rates with stable payments tomorrow. And it comes packed with these cost-saving benefits:

  • Rates as low as 3.750% (3.805% APR)*
  • Rates as low as 4.250% (4.306% APR) with no closing cost option**
  • Ability to lock-in your rate and payment
  • Rate adjusts once after 15-year start period
  • Over the life of the loan, the maximum adjustment won’t be more than 5.000% over the start rate.

For a free, no obligation consultation with one of our real estate professionals, call 800-262-4488 or visit your local CoastHills branch today.
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*APR = Annual Percentage Rate. 15/15 Hybrid ARMS as low as 3.750%/3.805% APR. (Maximum loan amount for 15/15 hybrid loan is $625,500 for Santa Barbara County $586,500 for San Luis Obispo County, $575,000 for Monterey County and $636,150 for Ventura and Santa Cruz Counties) Payment is amortized over 30 years. The initial rate is fixed for 15 years (180 months). When rate adjusts, your new rate will be the then current index (weekly average yield on US Treasury securities adjusted to a constant maturity of 10 years) plus a margin of one and 500/1000ths percentage (1.50%) point, rounding to the nearest one-eighth (0.125%). The new rate cannot exceed five percent (5.00%) above the initial rate or cannot be lower than the floor equal to the start rate. Payment example is based on $4.35 per $1,000 financed. To see what your monthly payments would be, divide your mortgage amount by $10,000; then multiply the monthly payment by the resulting number. Maximum loan-to-value of 80% owner-occupied, single family home. Rates are as of 05/24/2017 and are subject to change without notice. Payment does not include taxes and insurance, your obligation will be greater. All loans are subject to approval. Other conditions may apply.

**APR = Annual Percentage Rate. 15/15 Hybrid ARMS as low as 4.250%/4.306% APR with no closing costs. (Maximum loan amount for 15/15 hybrid loan is $625,500 for Santa Barbara County $586,500 for San Luis Obispo County, $575,000 for Monterey County and $636,150 for Ventura and Santa Cruz Counties) Payment is amortized over 30 years. The initial rate is fixed for 15 years (180 months). When rate adjusts, your new rate will be the then current index (weekly average yield on US Treasury securities adjusted to a constant maturity of 10 years) plus a margin of one and 500/1000ths percentage (1.50%) point, rounding to the nearest one-eighth (0.125%). The new rate cannot exceed five percent (5.00%) above the initial rate or cannot be lower than the floor equal to the start rate. Payment example is based on $4.63 per $1,000 financed. To see what your monthly payments would be, divide your mortgage amount by $10,000; then multiply the monthly payment by the resulting number. Member pays for the appraisal (to be refunded at the close of escrow) and all prepaid closing costs (prepaid interest, property taxes, hazard insurance and impounds).Maximum loan-to-value of 80% owner-occupied, single family home. Rates are as of 05/24/2017 and are subject to change without notice. Payment does not include taxes and insurance, your obligation will be greater. All loans are subject to approval. Other conditions may apply.