Affordability and stability—all in one home loan!
Our 5/5 ARM offers low monthly payments for five years with down payments as low as 5%. Interest rates will adjust at the five-year mark, but don’t worry, Cal Coast has your back. We cap your interest rate adjustments to keep your monthly payments predictable and within reach, as your rate adjusts only once every five years.
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.
|5/5 ARM2||5/5 ARM Advantage3|
|Terms||5/5 ARM||5/5 ARM|
|Mortgage Insurance||Standard monthly premium||Lender-paid Mortgage Insurance|
|Loan Amounts & Down Payments||5% Down to $650,000; 20% Down to $850,000; 25% Down to $1,000,000; 35% Down to $1,500,000||5% Down to $650,000; 20% Down to $850,000; 25% Down to $1,000,000; 35% Down to $1,500,000|
|Loan Transaction Type||Purchase or Refinance Primary, Single Family Residence||Purchase or Refinance Primary, Single Family Residence|
|Credit for Closing Costs||Lender credit not available; Seller credit allowed||$2,500 lender credit1; Seller credit allowed|
APR=Annual Percentage Rate. Rates and terms as of 12/06/2023 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.
Have questions? Want more information? We’re more than happy to get in touch. Let’s Talk. Just complete the form.