*All loans subject to credit approval and some restrictions may apply. Sierra Central fees include, but are not limited to, processing fees, underwriting fees and closing documentation fees. Contact a SCCU representative for details, including more specific information about third-party fees. Rate, terms and fees subject to credit approval and can change at any time without notice. Not all applicants qualify for the lowest rate. If approved for a loan, to qualify for the lowest rate, you must have a responsible financial history and meet other conditions. Your actual rate will be within a range of rates and depend on a variety of factors, including evaluation of your credit worthiness, income and other factors.
APR = Annual Percentage Rate
First Mortgage Loan: An interest rate is the price borrowers pay for the use of money they borrow from a lender. The term annual percentage of rate (APR) describes the interest rate for a whole year (annualized). The APR differs from the interest rate due to the addition of any closing fees paid to obtain a loan.
All mortgage rates based on a 30-day rate lock.
All loans subject to credit approval and some restrictions may apply. Rates are subject to change at any time.
Example First Mortgage Loan: Purchase a property, with a loan amount of $194,000 and an estimated property value of $200,000, with a 3% down payment equal to $6,000. The property is in Yuba City, CA. The property is an existing single-family residence and will be used as a primary residence. The rate lock period is 60 days, and the assumed credit score is 740. At a 6.875% interest rate, the APR for this loan type is 7.107%. The payment schedule for a 30-year loan would be approximately $1,274 (Principal and Interest) per month. The monthly payment including PMI would be $1,371.
Payment examples do not include amounts for taxes and insurance, and actual payments may be greater.Consumer fee schedule
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