![]() ![]() The rate will change based on adding the then current index value and the loan margin, rounded up or down to the nearest 1/8%, but may not change more than 1% in any one change. Beginning in year 8 the rate and payment adjust every year. Available for both purchase and refinance transactions.ħ/1 ARM-The initial monthly payment of principal and interest would be $937.28. Rates and terms vary depending upon to value ratio, credit, and underwriting requirements, and may change without notice. Loan origination fee is 0.50% of the loan amount. Flood and/or property hazard insurance may be required. Payments are estimates and include only principal and interest for loan amount of $150,000 for 30-year term. ![]() Uses 1-Year Treasury Constant Maturity Index.ĪPR=Annual Percentage Rate. The monthly payment in year 11 would be $1,113.31 if all prior payments were made as scheduled and the rate went up the maximum amount allowed of 2%. The rate may not change more than 5% over the life of the loan. The rate will change based on adding the then current index value and the loan margin, rounded up or down to the nearest 1/8%, but may not change more than 2% in any one change. Beginning in year 11 the rate and payment adjust every year. Uses 1-Year Treasury Constant Maturity Index.ġ0/1 ARM-The initial monthly payment of principal and interest would be $957.00. The monthly payment in year 16 would be $1,092.32 if all prior payments were made as scheduled and the rate went up the maximum amount allowed of 2%. Beginning in year 16 the rate and payment adjust every year. Available for both purchase and refinance transactions.ġ5/1 ARM-The initial monthly payment of principal and interest would be $966.92. Rates and terms vary depending upon loan to value ratio, credit, and underwriting requirements, and may change without notice. To apply for a Home Loan, you must qualify for membership, and the property must be located in Yolo, Sacramento, Placer, or El Dorado counties or within 50 miles of our corporate office.APR=Annual Percentage Rate. To qualify for membership, you must live, work, worship, attend school in Yolo, Sacramento, Placer, or El Dorado counties. Thank you for visiting the Yolo Federal Credit Union website. The privacy policies of Yolo Federal Credit Union do not apply to external sites and users should consult the privacy policies on these sites for further information. These external websites are not controlled by Yolo Federal Credit Union and Yolo Federal Credit Union makes no representation or warranty, express or implied, to the user concerning the information, content, presentation, accuracy or opinion of these sites or the quality, safety, or suitability of any software found on these sites. By clicking “Continue” you will be directed to an external website owned and operated by a third party. Yolo Federal Credit Union provides links to external sites for the convenience of its members. You are leaving the Yolo Federal Credit Union website. Savings or Share Certificate (CD) Secured Loans.Visa® Platinum CashBack Plus Credit Card.
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