Make home ownership possible with as little as 3% Down.
Purchase your first home without a big hit to your wallet. Our 3% Down Mortgages1,2 ensure that your payments will remain the same for the full term of your loan. These loans are great for home buyers looking for a mortgage other than an FHA loan.
We are here to help you open your home loan or find the right option to fit your needs. Give us a call at (877) 495-1600 or apply online today.
|Terms||Terms 30-year Fixed2|
|Down Payment||Down Payment 3% Down|
|Loan Amounts/Unit||Loan Amounts/Unit 1 Unit: $548,250; 2 Unit: $702,000; 3 Unit: $848,500; 4 Unit: $1,054,500|
|Loan Transaction Type||Loan Transaction Type Purchase or Refinance, Primary Residence, 1 – 4 Units|
|Credit for Closing Costs1||Credit for Closing Costs1 Seller credit allowed. Lender credit available.|
|Special Requirements||Special Requirements Area Median Income (AMI) limits apply and vary per county. 2 month reserves for 2 - 4 Units|
|Home Possible||Home One|
|Terms||30-year Fixed2||30-year Fixed3|
|Down Payment||3% Down||3% Down|
|Loan Amounts/Unit||1 Unit: $548,250; 2 Unit: $702,000; 3 Unit: $848,500; 4 Unit: $1,054,500||1 Unit: $548,250|
|Loan Transaction Type||Purchase or Refinance, Primary Residence, 1 – 4 Units||Purchase, Primary, Single Family Residence|
|Credit for Closing Costs1||Seller credit allowed. Lender credit available.||Seller credit allowed. Lender credit available.|
|Special Requirements||Area Median Income (AMI) limits apply and vary per county. 2 month reserves for 2 - 4 Units||Available to First Time Home Buyers who have not owned a property in the past 3 years.|
Learn more about Conforming Fixed-rate Mortgages at Cal Coast today.
APR=Annual Percentage Rate. Rates and terms as of 3/22/2019 based on credit history, subject to credit approval, and subject to change without notice. Loans over 80% LTV require mortgage insurance. Payment examples do not include property insurance and taxes, and the payment will be higher than disclosed payments. Membership and credit subject to approval. Serving everyone who lives or works in San Diego or Riverside counties. A one-time $5 membership fee and savings account required. Restrictions apply.
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