Get pre-approved before you shop, so you can narrow your home search to a comfortable price range. Then, we work closely with you and your realtor through every step of the process to complete your purchase on time. If you need help starting your search or finding a realtor, use our free HomeAdvantage® service.
Call a member of our real estate team at (888) 858-6878 x5282.
Fixed-Rate Loans
Perfect for: long-term needs
Get a fixed rate and fixed payment for the life of the loan, with terms available at 15, 20, and 30 years. Available for primary residences, second homes, and investment properties, with loan-to-value up to 97% for owner-occupied properties (up to 70% for jumbo loans) and loan amounts up to $2,500,000. Points and fees vary.
Adjustable-Rate Loans
Perfect for: short-term needs
Your rate is fixed for an initial period, then your rate and payment may increase or decrease afterward, with terms available at 5/6, 5/1, and more. Available for primary residences, second homes, and investment properties, with loan-to-value up to 80% (up to 70% for jumbo loans) and loan amounts up to $2,500,000. Points and fees vary.
Find the Right Home Loan
Our dedicated team will work closely with you, one-on-one, to determine the right loan for you. We’ll help guide you from start to finish with:
- Conforming, conforming plus and jumbo options
- Second home and investment properties
- FHA loans
Fixed-rate mortgage
Fixed-rate mortgages have a fixed amount of time to repay your loan. Typical fixed-rate repayment periods, or terms, are 15, 20 and 30 years. The interest rate for the loan is fixed, or remains the same, throughout the life of the loan. Since the rate and term are fixed, your payment will remain the same for the life of the loan. Fixed rate loans typically make sense for someone who plans to stay in their home long-term or doesn’t like the risk associated with an adjustable rate mortgage.
Adjustable-rate mortgage (ARM)
An adjustable rate mortgage is a loan that has a fixed rate for a period of time before the interest rate may adjust. For example, a typical ARM is a 5/1 loan. That means that the interest rate remains fixed for the first five years and may adjust annually each year after. Whether the rate adjusts up or down depends on market conditions. ARMs typically make sense for someone who may not plan to remain in their home for a long period since the initial rate of an ARM may keep your payments lower than a fixed-rate loan.
Jumbo Loans
Jumbo loans are available for home loans that exceed the conforming limit of $766,500. Jumbo loans are used to purchase high-priced homes in areas where home prices exceed the conforming loan limits. Typically, jumbo loans have different qualification requirements including down payments and debt-to-income ratios.
Apply for a Mortgage Loan
There’s a few things we may need in order to process your home loan application. We find that it’s helpful to start gathering these documents before starting the application process:
- Prior two months statements from each bank, credit union, mutual fund, 401k or retirement plan
- W-2 forms for the past two years
- 30 days of recent paycheck stubs for each applicant
- Signed federal tax returns for the last two years including all schedules, worksheets, and attachments
If you’re ready to start the process or would like to learn more, you can apply online, visit one of our six CA branch locations in Concord, Clovis, Fresno, Livermore, Pleasant Hill, and San Ramon or call the real estate department at (888) 858-6878 ext. 5282 for more information.
Refer your family and friends
You'll both get $50 when they open an account. Refer up to 10 friends and receive $500!
Membership at Pacific Service Credit Union is subject to all terms, conditions, and eligibility requirements applicable to membership and account ownership. Visit the following webpages for complete membership eligibility and current rates. Some restrictions apply. Membership requires the opening of a primary savings account with a minimum balance of $5.00.
HomeAdvantage program is made available to you through a relationship between Pacific Service Credit Union and HomeAdvantage. Program Cash Rewards are awarded by HomeAdvantage to buyers and sellers who select and use a real estate agent in the HomeAdvantage network. Home buyers or sellers are not eligible for Cash Rewards if they use an agent outside this network. Using Pacific Service CU for a mortgage is not a requirement to earn Cash Rewards. Cash Rewards amounts are dependent on the commissions paid to the agent. HomeAdvantage may have specific rules on how your Cash Rewards will be paid out. Cash Rewards incentives are available in most states; however, are void where prohibited by law or by the lender. Please consult with a Pacific Service CU member service representative to get details that may affect you. States and/or major metropolitan areas included in the HomeAdvantage program include: Major metropolitan areas located within 49 states, excluding SD. New cities, states and real estate agents continuously join the program. If you do not see the area you’re interested in, contact HomeAdvantage at 800-203-9014. Terms and disbursement of cash rewards vary by state. HomeAdvantage is a registered trademark of HomeAdvantage. The HomeAdvantage property valuation tool is an estimate of value based on the location of the property as well as the availability, accuracy and dependability of market data in the area. It is not an appraisal—it is a computer-generated estimate of worth that should be considered as a starting point in your search for market knowledge. HomeAdvantage is not liable for the usage of this valuation beyond the intention mentioned here.
Average cash rewards calculated based on 495 home closings with a real estate agent in the HomeAdvantage network of approved agents between 1/1/2021 and 12/31/2021.
Rates, points and programs cannot be guaranteed and are subject to change without notice. Loans subject to all credit union policies and procedures. Property insurance is required. Flood insurance may apply. No mobile homes.