Mortgages

Mortgages

Purchase or refinance, finding a mortgage that suits your financial needs should be a simple and stress-free process.
SRI Federal Credit Union is committed to helping you obtain attractive financing options.

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, you customize a mortgage to fit your specific situation.

  • Purchase, refinance, primary or second homes
  • Fixed or adjustable rates with the added benefit of flexible pricing
  • 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 remains 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.

5/5 Adjustable Rate Mortgage

A  5/5 adjustable rate mortgage loan provides a low starting rate which is fixed for 5 years, then changes only once every 5 years.  Rate changes are limited to no more than 2% every 5 years with a maximum change of 5% over the life of the loan.

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.

Contact CUPartners Senior Loan Officer Apryll Held at 800.200.4889 x7251.
CUPartners Home Loan Center is available 24 hours a day, 7 days a week at 800.200.4889.

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 sbowles@srifcu.org

Consumer Access to the Nationwide Mortgage Licensing System & Registry (NMLS)

Institution
SRI Federal Credit Union #466005

Mortgage Loan Originators
Steve Bowles  #673354
Christopher Ensley   #1304380
Francisco Saenz   #680165
Amy Garcia  #1140218
Yadi Fernandez  #768730

CU Partners – A Division of Stearns Lending  #1854
Apryll Held, Senior Loan Officer, CU Partners   #214945

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