We've got money to lend.

We are committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements.

Contact the home loan specialists at Ventura County Credit Union to find out how we can streamline the home buying process for you.

For current rates for mortgage and refinance loans, click here.  
For a printable version click here.

Fixed Rate Loans
Rates Effective: February 11, 2014
Program IDDescriptionPointsRate (as low as)APR (as low as)Est. Payments Per $1,000
3030 Year Conforming0.250%4.375%4.437%$5.00
1.000%4.250%4.375%$4.92
1430 Year High Balance Loan0.375%4.500%4.560%$5.07
1.375%4.375%4.521%$5.00
3130 Year Non-Conforming0.375%5.375%5.431%$5.60
0.625%5.250%5.328%$5.53
4315 Year Conforming-0.250%3.500%3.533%$7.15
1.250%3.250%3.502%$7.03
1515 Year High Balance-0.125%3.750%3.780%$7.28
1.125%3.375%3.588%$7.09
1915 Year Non-Conforming0.375%4.125%4.218%$7.46
0.625%4.000%4.130%$7.40
ARM Loans
Rates Effective: February 11, 2014
Program IDDescriptionPointsRate (as low as)APR (as low as)Est. Payments Per $1,000
875/1 ARM 2/2/5 Conforming 1 YR LIBOR-0.125%3.375%3.403%$4.43
885/1 ARM 2/2/5 High Balance Loan 1 YR LIBOR0.000%3.250%3.276%$4.36
885/1 ARM 2/2/5 Non Conforming 1 YR LIBOR-0.125%3.375%3.385%$4.43
355/5 ARM 2/2/5 Conforming 5 YR Treasury CMT *(1)0.000%3.000%3.514%$4.22
355/5 ARM 2/2/5 High Balance 5 YR Treasury CMT *(1)0.000%3.000%3.512%$4.22
355/5 ARM 2/2/5 Non-Conforming 5 YR Treasury CMT *(1)0.000%3.000%3.511%$4.22
907/1 ARM 5/2/5 Conforming 1 YR LIBOR0.000%3.750%3.789%$4.64
907/1 ARM 5/2/5 High Balance 1 YR LIBOR0.125%3.625%3.662%$4.57
907/1 ARM 5/2/5 Non Conforming 1 YR LIBOR-0.125%3.750%3.760%$4.64
FHA and VA Loans
Rates Effective: February 11, 2014
Program IDDescriptionPointsRate (as low as)APR (as low as)Est. Payments Per $1,000
0030 Year Fixed FHA-0.750%4.000%5.029%$4.78
0715 Year Fixed VA-1.250%3.625%4.206%$7.22
0630 Year Fixed VA-0.875%4.125%4.728%$4.85
Alternative Fixed Rate Loans
Rates Effective: February 11, 2014
Program IDDescriptionPointsRate (as low as)APR (as low as)Est. Payments Per $1,000
2120 Year Conforming0.000%4.125%4.180%$6.13
2120 Year Conforming1.250%3.950%4.150%$6.04
2310 Year Conforming-0.250%3.125%3.172%$9.72
2310 Year Conforming1.125%2.875%3.212%$9.60

All rates are subject to change without notice. Rates are not guaranteed until locked. Rates for these products are determined by the applicant's credit history, payment history, income, loanto-value (LTV), occupancy, property type, loan amount and loan purpose. Loans are subject to credit approval and secured by a lien on owner-occupied homes. Depending on your situation, mortgage insurance may be needed which could increase the monthly payment and APR. Loan programs are subject to change or may be discontinued without notice. Other restrictions may apply.

Conventional Conforming Loan Programs (Ventura County) Loans up to $417,000. Annual Percentage Rate (APR) based on a loan amount of $417,000 for the stated term for an owner occupied single family property with a Loan -to-Value (LTV) of 80%.

Conventional High Balance Loans Loans between $417,001 and $598,000 Ventura County, $625,500 for L.A. and Santa Barbara County. Annual Percentage Rate (APR) based on a loan amount of $598,000 for the stated term for an owner-occupied single family property with a Loan-to-Value (LTV) of 80%.

Conventional Non-Conforming Loans (Ventura County) Loans over $598,000 up to $1,000,000. Annual Percentage Rate (APR) based on a loan amount of $800,000 for the stated term for an owner occupied single family property with a Loan-to-Value (LTV) of 80%.

FHA Conforming Loan Programs (Ventura County) Loans up to $417,000. Annual Percentage Rate (APR) based on a loan amount of $417,000 for the stated term for an owner occupied single family property. Mortgage insurance may be required on FHA loans.

FHA High Balance Loan Programs (Ventura County) Loans between $417,001 and $729,750. Annual Percentage Rate (APR) based on a loan amount of $598,000 for the stated term for an owner occupied single family property. Mortgage insurance may be required on FHA loans.

VA Loan Program Loans up to $1,094,625 require 25% guaranty, which may be a combination of VA entitlement and down payment on the property. Loans made available to eligible veterans only. Annual Percentage Rate (APR) based on a loan amount of $400,000 for the stated term for an owner occupied single family property. VA funding fee may be required on VA loans.

(1)VCCU will pay loan origination and third-party fees, with some exceptions. Contact VCCU home loan specialist for details.

Second Trust Deeds

Standard Equity
Rates Effective: February 11, 2014
Program IDDescriptionRate (as low as)APR (as low as)Est. Payments Per $1,000
4415 Year Fixed 2nd TD7.375%7.379%$9.20
6910 Year Fixed 2nd TD7.250%7.255%$11.74
7015 /5 Year Fixed 2nd TD7.000%7.004%$8.99
Home Equity Line of Credit - Adjustable Rate (Owner Occupied Property
Rates Effective: February 11, 2014
Program IDDescriptionRate (as low as)APR (as low as)Index Prime +Est. Payments per $1,000
71Standard HELOC 70.01% up to 80% CLTV4.500%4.500%0.000%$3.75
71Standard HELOC 70% CLTV or less3.990%3.990%0.000%$3.33
Home Equity Line of Credit - Adjustable Rate (Investment Property)
Rates Effective: February 11, 2014
Program IDDescriptionRate (as low as)APR (as low as)Index Prime +Est. Payments per $1,000
71Standard HELOC 60% CLTV5.500%5.500%1.000%$4.58

The HELOC has a 15 year draw period and then becomes due and payable over a ten (10) year repayment period. Payments are interest only. The rate is variable and is subject to change quarterly. Variable rate based on Prime Rate Index as published in the Wall Street Journal. This is a Variable Rate loan with an interest rate floor equal to the start rate and a maximum life interest rate cap of 18%. Early repayment fees may apply. Valid for standard Home Equity Line of Credit only; Minimum loan amount is $10,000. Lifetime maximum of 18% APR. Certain restrictions apply.

Rates for these products are determined by the applicant's credit, payment history, income and collateral and subject to change without notice. Loans are subject to credit approval and secured by lien on residential property. You may borrow up to 80% of the appraised value for owner occupied property and 60% for investment property; combined loan to value cannot exceed 80% for owner occupied property and 60% for investment property. Maximum cash out for owner occupied property is $350,000 and investment property $100,000. Offer does not include refinances of existing VCCU loans.