Purchase or refinance, finding a mortgage that suits your financial needs should be a simple and stress-free process.
We've joined with CU Partners to bring you a wide array of mortgage financing products to suit your needs.
The alliance with CU Partners enables us to offer a wide variety of mortgage solutions. With more than 2,000 home loan products and programs, we will customize a mortgage to fit your specific situation.
- Purchase, refinance, primary, second homes or investment property
- Fixed or adjustable rates with the added benefit of flexible pricing
- Bi-Weekly and Monthly payment frequency options
- FHA or VA loans
Fixed-Rate Mortgage Loans
Those buyers who choose fixed-rate mortgages enjoy the comfort and predictability of knowing monthly payments won’t change. A fixed-rate mortgage is ideal for borrowers with a steady flow of income who plan to own a house for a long period of time.
The duration of the loan is flexible and determined at the time of loan application. Monthly principal and interest payment remain the same throughout the term of the loan. A longer-term loan will have smaller payments but costs more in interest, whereas shorter loan durations mean higher payments with less interest costs.
Adjustable-Rate Mortgage (ARM) Loans
Adjustable-rate loans offer borrowers a fixed interest rate for a given period of time, after which the interest rate is subject to change based on current market rates. Initially, an adjustable rate loan often provides a lower interest rate than a similar fixed-mortgage rate, making this an ideal option for those anticipating a growth in income that could benefit from lower up-front payments and/or those who plan to refinance or sell their house within a short amount of time.
Interested in a Rate Float Down?
Are you looking to float down your SRIFCU first mortgage loan rate? As long as your 1st mortgage has been open for at least a year, no additional cash-out is requested and you're in good standing with the Credit Union you may qualify for a float down. For a fee of $3,000, you may be able to drop your rate to the current market rate.
Your feedback is important.
Please let us know the quality of service you received from CU Partners by calling Steve Bowles at 650-859-4661 or email firstname.lastname@example.org
SRI Federal Credit Union #466005
Mortgage Loan Originators
Steve Bowles #673354
Yadi Fernandez #768730
Amy Garcia #1140218
Francisco Saenz #680165
Karina Yap #1873999
CU Partners – A Division of Stearns Lending #1854
Apryll Held, Senior Loan Officer, CU Partners #214945