Real Estate Loans
Our real estate loans are fast, friendly, and provide you with competitive interest rates and convenient terms. Whether you're in the market for a mortgage or a Home Equity Line of Credit (HELOC), we have the loan you need at the rate you want.
Apply online or to check the status of your application.
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View current Mortgage Rates.
First Trust Deed
We're making it easier for you to buy your next home! We have 10, 15, 20, and 30 year terms. We also have conforming and non-conforming mortgages in the San Luis Obispo and Santa Maria area. Use our online mortgage application to eliminate traditional paperwork. The home of your dreams is just a few clicks away!
Adjustable Rate Mortgage (ARM)
An Adjustable Rate Mortgage (ARM) is a home loan in which the rate adjusts (changes) on a specified schedule after an initial “fixed” period. The advantage to an ARM over a fixed rate mortgage is an initial interest rate that is significantly below the market rate for a 30-year fixed rate mortgage. With an ARM, your payments can change after the initial fixed period depending on rates at that time. Click here for more details!
FHA Mortgage Loan
FHA loans are an excellent mortgage product that feature low down payments and low fixed and adjustable rates. FHA loans are for everyone, not just first time buyers.
Some of the advantages of an FHA Loan are:
- No Income Limits
- No Home Buyer Education Required
- Low Down Payment Requirements
- Low Fixed Rates
- Low Adjustable Rates
- Seller Contributions up to 6% of Sales Price
- Gift Funds to 100%
- Purchase, Cash Out, No Cash Out, and Streamline Refinances
- No Reserve for 1 or 2 Single Family Residences
- More Flexibility with Credit Issues
VA Mortgage Loan
If you are a Veteran or Military Personnel and are looking for a mortgage product with no down payment requirement and need up to 100% financing, the VA mortgage loan may be the right mortgage for you.
Some of the advantages of a VA Loan are:
- No Down Payment Requirement
- 100% Financing Available
- No Private Mortgage Insurance
- Closing Cost are Limited by VA
Home Equity Line of Credit (HELOC)
HELOCs are great for members who want to consolidate debt without refinancing their first mortgage, or for those who want to pay off higher interest consumer debt with a loan secured by their home in order to gain tax advantages.
Learn more about Home Equity Lines of Credit.
How to Avoid Foreclosure
CoastHills Federal Credit Union is committed to working with members experiencing financial difficulties impacting their CoastHills' mortgage(s). Learn how to avoid foreclosure.
For a list of Registered Mortgage Loan Originators, click here.