- Rates as low as 3.250% (3.280% APR)*
- Rates as low as 3.750% (3.750% 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.
*15/15 Hybrid ARMS as low as 3.250%/3.280% APR. (Maximum loan amount for 15/15 hybrid loan is $625,500 for Santa Barbara and Santa Cruz Counties, $603,750 for Ventura County, $502,550 for Monterey County and $561,200 for San Luis Obispo County.) 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 06/28/2016 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.