Get an affordable jumbo home loan with Tech CU’s 5/1 ARM up to $1 million
In today’s tight credit market, getting jumbo financing on a home loan over $729,750 has been difficult—but with Tech CU’s 5/1 ARM loan up to $1 million*, you can boost your buying power and get the loan you need for the home you want.
Make the home of your dreams a reality, and enjoy the other great benefits Tech CU has to offer:
- Fast and easy online application process
- Competitive start rate—no rate adjustment for 5 years
- Lender closing costs as low as $1,300**
- One-on-one personal service with a dedicated mortgage consultant
- Quick Close Guarantee†—earn a $100 gift card if we don’t fund your purchase loan in 10 business days
Also available: 3/1 ARM up to $1.5 million—ask a Tech CU Mortgage Consultant for details.
With home prices at historic lows, now is a great time to buy a home!
For more information on the 5/1 ARM or other loan programs Tech CU offers, contact a Tech CU Mortgage Consultant at (800) 553-0880 or stop by one of our 9 conveniently located Financial Centers.
* APR is fixed for the first 5 years; variable annually thereafter based on the LIBOR Rate. Jumbo loans are available from $729,751 up to $1,000,000 for a single family home with a maximum 75% loan to value for a primary and second home located in California. For a condominium, the maximum loan amount is $750,000 with a maximum 70% loan to value for a primary and second home located in California. Subject to credit qualifications and underwriting requirements. Adequate property insurance (may include flood insurance) required. Rates and terms effective 10/30/2009 and subject to change. Not available for refinances with cash out. Other terms and restrictions apply. **Closing costs based on discount of $500 for Premier Relationship Rewards level, which includes an aggregate loan and deposit balance of $100,000 or higher. All loans require Tech CU membership and credit approval. Additional conditions and restrictions may apply. †Quick-Close Guarantee available on purchase transactions only. 10-day close is for the purchase of a primary home in California and this is dependent on the borrower and third parties providing the credit union the required information to fund the loan. If the borrower and third parties provide Tech CU with all the required information on time and Tech CU does not fund the loan in 10 days (from application to close), Tech CU will give a $100 gift card to the borrower. $100 gift card not redeemable for cash. Tech CU is not responsible for replacing lost or stolen gift cards. For details, please speak to a Tech CU mortgage consultant.